Liberal (Minority/Majority) Government 2025 - ???

[Brad Sallows]

Take the average income number for the year I mentioned and put it in the inflation calculator. Thats where I get my numbers.

Sure. I'll stick with the Statscan numbers for medians.

There is one aspect, only, in which "younger generations" are at a disadvantage. Home prices. Everything else is gravy. Tech has never been more advanced; availability of consumer goods has never been more widespread; and right now, all kinds of employment opportunities exist. "We need more people working in X" has practically become the national motto.

 

[Brad Sallows]

Bit of a side track but germane. The advantage of a company pension is that the company extracts that 50 bucks I mentioned before it is paid out thus producing a forced savings. Yes it is part of the total pay package but the majority of people spend according to their take home and there is nothing left at the end. Our education system should be teaching money management as a compulsory course in H.S. with a thorough explanation of savings and self-administered pension plans. Whilst the illustrated paragraph is a great idea, for many people it is an impossibility given COL. and even for those whose budget would allow such investment it is a very disciplined individual who can actually do it.

Sure, I know the advantage of "forced savings". People have known the fable of the grasshopper and the ant, or some variation, probably since pre-recorded times. Inability to onboard that, even in an age of plenty, is why we have OAS.

 

[Eaglelord17]

Sure. I'll stick with the Statscan numbers for medians.

There is one aspect, only, in which "younger generations" are at a disadvantage. Home prices. Everything else is gravy. Tech has never been more advanced; availability of consumer goods has never been more widespread; and right now, all kinds of employment opportunities exist. "We need more people working in X" has practically become the national motto.

Ahh yes the main thing you need to survive has gone up dramatically but I am going to discount that because it doesn’t suit my narrative.

The apartment I rented in 2014 was 860$ a month. That same apartment today is 2k a month. Wages haven’t doubled. Cars are more expensive, food is more expensive. Yeah sure your not paying 300$ for cable but that doesn’t mean much when you struggle to pay for the basics.