Monday, December 16, 2013

Visualizing generational theft

Via Zero Hedge


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Richard Fantin is a self-taught software developer who has mostly throughout his career focused on financial applications and high frequency trading. He currently works for eQube gaming systems.

Nazayh Zanidean is a Project Coordinator for a mid-sized construction contractor in Calgary, Alberta. He enjoys writing as a hobby on topics that include foreign policy, international human rights, security and systemic media bias.

2 comments:

  1. I'm having a little trouble making sense of the graphic, Richard, but I do understand the concept overall. A prime example is our rapacious plundering of our nation's non-renewable resources. We're floating along on what's really an unwarranted prosperity based on leaving the resources cupboard bare for future generations, in their place merely outstanding liabilities - financial, social and environmental. It's a discussion the Norwegians had among themselves that we ignored. Could you imagine the upheaval in Alberta and Ottawa if both governments were told that, henceforth, resource royalties were to be held in trust for future generations? Talk about chaos and collapse.

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  2. Graphic works like this:

    The line in the center basically represents $1 tax for $1 benefits received. What the graph shows it that those within the generation of those turning 65 today receive far more benefit for their tax dollar, while the future generations if current trends hold are actually paying more in tax then they receive in benefits.

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