Track the public debt over the past thirty years and consider the following:
1. Its present size and its per capita implications.
2. Changes over a five year gap from 1970 to present as it relates to the expenditure pattern stated earlier.
3. The composition of the national debt as it relates to government investment and consumption. You may take treat expenditure on social programs as an investment.
4. Reflect on the investment and consumption levels in election years during this period.
Write a one page response of between 1250 to 1500 words commenting on the impact of Canada’s current debt on the average citizen as well as on the next generation. Examine both positive and negative impacts.
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1. Its present size and its per capita implications.
2. Changes over a five year gap from 1970 to present as it relates to the expenditure pattern stated earlier.
3. The composition of the national debt as it relates to government investment and consumption. You may take treat expenditure on social programs as an investment.
4. Reflect on the investment and consumption levels in election years during this period.
Write a one page response of between 1250 to 1500 words commenting on the impact of Canada’s current debt on the average citizen as well as on the next generation. Examine both positive and negative impacts.
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