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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.

Bill keltyJohn howardPeter costelloBob hawkePaul keatingJosh frydenbergLabor partyCommittee for the economic development of australiaIntergenerational reportHomer simpsonMoody bluesCoronavirus created great depressionMorrison governmentEconomic developmentTreasurer josh frydenbergPrime minister bob hawke