How do you teach a child to be responsible for one’s actions? When is it OK for a child to feel the impact of one’s decisions and learn to manage the consequences, whether positive or negative? At what point does stepping in to help a child get out of a difficult situation actually hinder their maturity, placing them into a more difficult situation when they are older because they are expected to “sort it out” on their own?
If we polled 10 people, I suspect we’d get at least as many answers. Of course, the answers are dependent upon the maturity of the child, the nature of the circumstances, and several other pertinent factors. But despite the variety of responses, I’d suggest most mature individuals would have, somewhere embedded within their response, the following argument:
If children do not develop a realistic sense of consequence for their actions, they will never learn to be responsible and mature adults.
… enter Greece … and Spain… and the United States… and the list of Countries goes on and on.
Stock Markets across the world are feeling the impact of postponed consequences for actions taken by our politicians. But we can’t simply sit back and blame them… after all, households all across the world spend more than they earn… making “credit” a household word.
It’s time we learn to manage the consequences of our choices… before find ourselves in an even more challenging situation.
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Federal debt in it of itself is not a bad thing, in fact it actually does help the economy by creating additional money which then translates into growth. The problem is that it’s a law of diminishing returns, meaning that the second dollar of debt will have a slightly less positive effect than the first, and so on. We are now at a point where we have to keep borrowing to keep things moving, but it’s such a big sum, that the positive impact of the additional debt we’re taking on is virtually nothing. In other words, we don’t need to reduce the debt or even the deficit so much as we need to bring it down so that the money is creating positive economic movement. This is a tough balance and has thousands of variables.
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True Money Beagle. I agree with your premise. I think the concern I am expressing simply revolves around the human tendency to shirk responsibility and expect someone else to clean up after the mess we make. I notice with children, they act for the most part as they are taught… but there remains a very intrinsic self-centredness in all of us. What I’d like to see is some accountability… letting those that are irresponsible individually or as a country feel the full weight of their choices rather than having those are are responsible always be on the hook for their poor choices.