Fact or fiction: a 40-year budget deficit burden?
29 June 2021
This Intergenerational Report (IGR) released by the
Federal government (https://treasury.gov.au/intergenerational-report) is a classic economic work that either
sends people asleep or turns them into a Homer Simpson, who simply would look
at it and say: “Boring.”
Potentially it’s a chance for younger generations
to complain about older ones, which is an issue I’ll get back to after summing
up this work produced by the number crunchers in Treasury.
In a nutshell, it looks at what we’re doing right
and wrong today that will have an impact on generations in the future.