When we think of leaving behind a legacy for the next generation, we envision leaving them a world that’s better ours.
We think of leaving behind a world that guarantees them some sense of security.
But what are we truly leaving behind?
Category Archives: Trending
A Letter to My Generation
As Canada’s new finance minister, it’s important for you to hear from young Canadians. Canada’s federal debt is about to hit $1 trillion. Temporary programs are too expensive to go on forever. We need an economic recovery that’s realistic in the long term.
Balancing budgets is not ideological: it’s just plain common sense
Whenever we hold a talk about balanced budgets on campus, there’s always one person in the audience to ask “But won’t this help the rich / hurt the poor?” While I always enjoy taking the time to answer this question during talks, after all, a large part of what we do at Generation Screwed is […]
Want to balance the budget? Start by cutting corporate welfare
For a government supposedly hellbent on “helping the middle and those working hard to join it”, Justin Trudeau and Bill Morneau sure seem to have a broad definition of what the middle class represents in Canada. From multi-million-dollar deals to help massively profitable foreign multinationals like Toyota create only a handful of jobs, to hundreds of millions spent […]
Debt-to-GDP Ratio: What Does it Measure and What Doesn’t It Say?
There is this recurring criticism we hear at Generation Screwed regarding how we should use the debt-to-GDP ratio to calculate whether government debt is growing, rather than using its nominal dollar value. While the debt-to-GDP ratio is a commonly used measure and a good way to compare government debts across borders, it is a rather […]
