Sue's Blog

Wednesday, April 22, 2015

What does a 10 year old think?

Yesterday was budget day in Canada and the Speech from the Throne day in Newfoundland and Labrador.

As usual the media wants to know what the Boards of Trade think, what other politicians think, what unions think, ad what "big" cities think - but not any curiosity as to what a 10 year old would think.

The feds raided the contingency piggy bank and sold the GM shares to fictionalize a balanced budget. The upper middle class to upper class received more incentive to keep their money sheltered and anything whatsoever that could be considered middle class was put off for future governments to budget. Not much there for the 10 year old and many things to worry about as they enter into their post-secondary and career years.

The province provided a similar plan for destitution for the 10 year old - just slightly worse. We will now run deficits for 6 more years and borrow billions more - this is bad news for the 10 year old. We will be laying down chunks of cash year over year for the Williams/Dunderdale/Marshall/Davis legacy - supplying cheap power for Nova Scotia - this is bad news for the 10 year old.

So if I'm 10 - I can look forward to mounting debt - depleted non-renewable resources with no heritage cash, the payment of pensions 3 generations past, an aging population, a dwindling population, escalated health care costs, crumbling infrastructure and disappearing communities.

I can look forward to depleting oil - with no societal wealth, depleting minerals - shipped out unprocessed, a fishery that has been turned over to a few elite - no processing, a declining if not completely wiped out forestry industrial sector, and energy that I have to pay for regardless - so Nova Scotian young adults can rely on energy for growing industry.

Self-serving, underachieving, mentally lazy, and partisan zealots - have made my future real bright.

The 10 year old should start watching this:

The Newfoundland and Labrador debt clock PRESS HERE

The Canadian debt clock PRESS HERE

or for the other option - where politicians put the next generation ahead of personal or partisan interests - the Norwegian wealth clock PRESS HERE

I went to the Throne speech yesterday and watched the classless and clueless behavior of many government members. From the gallery - I could watch them check pictures on Facebook - or just simply click away on their cellphones while the Lieutenant Governor told us about our future and how important the people are.

Disgraceful. How do you sleep at night?

Our children are going to leave - they will have no other choice.

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