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Is the Discussion Beginning to Happen.

12 July 2010

I was heartened on Sunday to see 60 minutes discuss the impending tax burden facing younger generations. The appauling fact is that in 20 years time there will be 2.7 tax payers for every pensioner, that is up from seven just 10 years ago. Despite this our government has spent drunkenly, racking up the largest foreign debt as a percentage of GDP since WW2. Baby boomers have given younger generations the big finger, belligerently expecting us to pay for their largesse.

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