Children Quote by Henry Paulson
“All of us would like to have our children and their grandchildren grow up with at least the level of prosperity that we had. In the U.S., we seem to be very selfish because the older generation is not making the sacrifices.”
About This Quote
Source Speech: Remarks at the Economic Forum, 2008, Washington D.C.
People desire intergenerational prosperity but feel older generations lack sacrifice, creating tension.
In simple terms: Want future generations to be as well off as we are, but feel older generations aren’t sacrificing.
Encourage mutual responsibility across ages.
Themes
Mood
Type
When to use this quote
- family financial planning
- public policy debates
- community support programs
- philanthropic initiatives
Key Concepts
Questions to Reflect On
- How can societies balance the needs of different generations?
- What policies can promote shared sacrifice?
Older generations may face constraints that limit their ability to sacrifice.