{"id":32113,"date":"2018-03-09T08:51:11","date_gmt":"2018-03-09T13:51:11","guid":{"rendered":"http:\/\/olduvai.ca\/?p=32113"},"modified":"2018-03-09T08:51:11","modified_gmt":"2018-03-09T13:51:11","slug":"generation-screwed-to-morneau-stop-shoveling-government-debts-on-canadas-kids","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=32113","title":{"rendered":"Generation Screwed to Morneau: stop shoveling government debts on Canada\u2019s kids\u00a0"},"content":{"rendered":"

Generation Screwed to Morneau: stop shoveling government debts on Canada\u2019s kids\u00a0<\/a><\/h3>\n

 <\/p>\n

Bill Morneau, Canada\u2019s Minister of Finance, told a touching story recently about being alone while his daughters were away at university.<\/p>\n

A poster about women\u2019s rights that he saw in one of the girls\u2019 rooms as he toured the empty house provided inspiration for a slew of new spending programs in his 2018-2019 budget, Morneau said.<\/p>\n

The speech drew considerable admiration from the bureaucrats, lobbyists and lawyers gathered at the Conseil des Relations Internationales de Montreal\u2019s<\/strong><\/b> event, many of whom profited directly from the extra spending.<\/p>\n

This seasoned audience of Ottawa swamp creatures recognized the Finance Minister\u2019s personal story as political staging.<\/p>\n

They all knew that Morneau was leaving out the fact that his daughters\u2019 generation will have to pay back most, if not all, of the $18.1 billion that their parents are borrowing to finance the government\u2019s \u201cEquality and Growth\u201d deficit.<\/p>\n

Politicians running up government debts in order to pay themselves raises (and shovel cash to their pals) is an old story. The good news, as we first reported two years ago <\/a>, is that some millennials are fighting back.<\/p>\n

A youth movement that preaches fiscal responsibility<\/strong><\/b><\/p>\n

\u201cI\u2019m not okay with Bill Morneau borrowing additional money to channel to special interest groups,\u201d said Paige Hunter<\/strong><\/b>, McGill Coordinator at Generation Screwed <\/strong><\/b>, a youth movement that preaches fiscal responsibility. \u201cGoing further into debt isn\u2019t in anyone\u2019s interest.\u201d<\/p>\n

Renaud Brossard<\/strong><\/b>, Generation Screwed\u2019s executive director, agreed. \u201cWe jokingly call this an \u2018everything is fine\u2019 budget,\u201d said Brossard. \u201cThere is no plan to address the country\u2019s long-term debt, and there is no recognition that there may be another recession around the corner.\u201d<\/p>\n

Generation Screwed has grown considerably since Brossard first joined four years ago, while still a student. The organization, which is sponsored by the Canadian Taxpayers Federation <\/strong><\/b>, now has 17,000 Twitter and Facebook followers.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Generation Screwed to Morneau: stop shoveling government debts on Canada\u2019s kids\u00a0   Bill Morneau, Canada\u2019s Minister of Finance, told a touching story recently about being alone while his daughters were away at university. A poster about women\u2019s rights that he saw in one of the girls\u2019 rooms as he toured the empty house provided inspiration […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[12351,103,195,3575,19177,19176,13228,6355],"class_list":["post-32113","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bill-morneau","tag-canada","tag-debt","tag-deficit-spending","tag-generation-screwed","tag-minister-of-finance","tag-peter-diekmeyer","tag-sprott-money"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32113"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32113\/revisions"}],"predecessor-version":[{"id":32114,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32113\/revisions\/32114"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}