Arise, young people of Canada. You have nothing to lose but poverty. This generation is ruining you. It leaves you with horrendous mortgages. You have heard of the visible mortgage.
The federal and provincial debt is about $800 billion and grows at well over $100 million a day. When you are raising your family almost certainly about one-half of every dollar you pay in taxes will go to pay interest on the mortgage this generation leaves you. Sadly this is only half the story.
There is another little known and largely invisible mortgage. Actuaries estimate the cost of benefits promised to pensioners through the CPP, OAS and medicare programs will double from about $50 billion to $100 billion per year. Your income taxes will be 50 per cent higher just to cover these costs.
Young Canadians, arise and join the-