IKnowNothing
Army.ca Veteran
- Reaction score
- 2,401
- Points
- 990
"But the social contract!"OAS at its current formula is absurd. There’s absolutely no reason high income seniors should be receiving federal welfare. OAS is supposed to be a safety net, not a scaffold. This should be one of the single most obvious candidates for significant government savings.
Fun story- the genesis of both the baby bonus (Familly Allowance) and OAS were in immediate post war era social programs.
At the time, and for decades after they legitimately were seen as part of the social contract, with universal distribution. An argument for universality being to not stigmatize the receipt of the funds- they didn't start as targeted welfare.
Then came the late 80's/early 90's and both programs (parts of the social contract for 40 years) were on the chopping block due to fiscal necessity. As it turned out the Grey Power lobby out performed the Toddler Lobby. One program got axed and turned into a niche poverty averting tax credit, one survived unscathed outside of an increased "Recovery Tax" that didn't kick until 2.5 times the average national annual earnings (at the time)
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