Spyke

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canada

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PM Mark Carney Announces Elimination of GST on New Homes

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Yeah, Boomers getting special protections is kind of annoying.

A generation of millenials were told to go to post secondary no matter the cost and then when we did and incurred a ton of debt but the good jobs that were promised to us weren't there, the reaction was "oops, oh well, get fucked I guess".

Maybe if we stopped funneling a billion dollars into "managing" our CPP plan into poorer performance and used that money to increase CPP payouts instead, boomers could afford more of a hit on their housing.

I do wonder if another large contributing factor is that most of our MPs have conflicts of interest when it comes to the real estate market.

canada

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The Problem with CPP Investments

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In the video, the creator is very clear that this is not an argument to remove the pension fund and he specifically addresses those concerns (twice, at the beginning and end of the video).

Wanting good, responsible management of something most of us pay into is not a bad thing. This should not be a partisan issue (which the creator also says)

canada

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The Problem with CPP Investments

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I think the solution is having these agencies be accountable to the accountability metrics that they set up.

Normalizing mismanagement seems short-sighted to me and ultimately only supports the argument that government is "useless" or "broken".

That extra billion going towards healthcare or education or even back into the pension fund could do a world of good.