More on future generations

My column on Saturday mused about this idea of doing something for future generations.  At the Future NB summit several speakers told us we need to fix our current challenges for our grandkids.  I stated that in 1971 there were 2.6 people under the age of 20 for each person over the age of 55 by 2009 that was down to 0.7 young people for each person over the age of 55.  By deduction, it is likely that a majority of people in NB with grandkids have to travel outside NB to visit them.

So what does it mean to do it for your grandkids when they are in BC or Alberta?

Most of us don’t invest our retirement money here.  We don’t have grandkids here.  Should we be so concerned with future generations at some other level?

I say yes but make a few points in the piece.

I think we need to try and understand how this demographic shift does influence our ability to focus on ‘future generations’ which is essentially the idea that we take some pain now for the benefit of future generations.

1 thought on “More on future generations

  1. “…pain now for the benefits of future generations.”

    NB’s economic problems should have been addressed in a more incremental way. I mean, the problems did not develop overnight, and they will not be solved overnight. That said, the Graham government was criticized for trying to do (well, maybe not always “do” but address) too much too quickly. However, as I see it, if all governments were to act at the same pace that the Graham government did on a year to year basis for the next 15 years, I still wouldn’t put money down that we would be self-sufficient by the end of the process (say around 2025). Not only are there sacrifices that have to be made by both the government and the public, it must be someting that people and government’s committ to over a long haul. As we saw with the NB Power debate (and other tough conversations the province needed to have), for whatever reason, the general public were ‘OK” with their politicians talking about change but when they finally looked like they were ready to make change, they got scared and change them (going back to the stagnant, slower status quo).

    So if “we” need need to fix our current challenges for our grandkids, then “we” (the public) must be willing to take the tough road to get to where we need to be. At this point, I’m not convinced the folks left in NB are willing to make the intellectual change to do so.

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