Just practicing political speak.
The chairman of the Federal Reserve, Ben S. Bernanke, warned on Wednesday that “the federal budget appears to be on an unsustainable path,” but also recognized that the “exceptional increase” in the deficit had been necessary to ease the recession. [Read]
The bankruptcy of my children is necessary, because of their inability to pay off my debt. I would have paid off my debt, but then I would not have been able to live the life to which I am accustomed, and I feel there are things I want and deserve. At least they will not have to deal with the legacy of me going bankrupt.
Political speak, not only for professionals.