We’ve been electing governments that damage our children’s future
The Age, Ross Gittins, 18 Aug 20,“……….the plain truth is that one way governments have got themselves elected and re-elected in recent decades has been to pursue policies that favour the old and don’t worry about the young.
Politicians have been tempting us to put our immediate interests ahead of our offspring’s future – and it’s worked a treat.
This week the Actuaries Institute of Australia published a new index of intergenerational equity, which compares the “wealth and wellbeing” of people aged 65 to 74 with that of people aged 25 to 34 between 2000 and 2018.
Note that this is before any effect of the coronacession……..
This week the Actuaries Institute of Australia published a new index of intergenerational equity, which compares the “wealth and wellbeing” of people aged 65 to 74 with that of people aged 25 to 34 between 2000 and 2018.
Note that this is before any effect of the coronacession.
…….their greatest loss (sure to grow in coming years) is from the deterioration in the natural environment: rising carbon emissions and temperatures, the drying Murray-Darling Basin and declining biodiversity.
And all these trends before the likely weak and prolonged recovery from the coronacession scars the careers and lives of another generation of education-leavers, without governments or voters being too worried about it. https://www.smh.com.au/business/the-economy/we-ve-been-electing-governments-that-damage-our-children-s-future-20200818-p55mrj.html
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