How Will Our Children Know They Face a Crushing Debt Burden?

That may seem like a silly question. Of course they will know because there are a number of well-funded policy shops that will be spewing out endless papers and columns telling them that they are facing a crushing debt burden. And, because these policy shops are well-funded and well-connected we can be sure that major media outlets, like the New York Times, Washington Post, and National Public Radio, will give their complaints plenty of space.

But let’s imagine a world where our children weren’t...