Politics of Financial Morality: Mike Huckabee Says the Deficit Is 'Generational Theft'

During the first presidential debate, Mitt Romney said federal spending and the deficit is not just an economic issue. The Republican presidential candidate said, “I think it’s frankly not moral for my generation to keep spending massively more than we take in.”

This brings to light the politics of financial morality and the fundamental differences between Democrats and Republicans. Mike Huckabee described our nation’s economic woes as “generational theft.” He said on America’s News HQ that, “We’re stealing from the generation coming after us.

[…] We get the benefit of the money being spent, they get the burden. That’s immoral, it’s wrong to do that -- which is exactly what this huge $16 trillion dollar debt represents.”

Not all the blame lies on one political party, said Huckabee. Both Democrats and Republicans need to accept that they have culpability for their policies. The key to a solution is compromise and lawmakers need to come together as mature adults, the former governor opined.

Huckabee laid out a solution to get the economy back on track, starting with reforming the tax system so it stops punishing productivity.