So that's the answer. The generations in charge keep all the deals they have promised themselves but refused to pay for, and to put off the day of reckoning a while longer until they move out of die off, money will be borrowed. Again. With a promise of repayment backed by diminished public services and benefits, and higher taxes, for those still here in the future. Again. That is their legacy, a poisoned legacy in their communities, in their state, in their country, and in many cases in their families. "I want for me now," right to the end. "And I won't face the fact that I am acting to harm anyone else because I won't think of anyone else; just me, just right now." Consequences for others and the future therefore just appear, they rationalize to themselves.
I'll write more about this later, but just let me clear one thing up as a matter of fact.