Generation Screwed UW

Check out the interview we did for UW imprint about the debt clock tour

Waterloo students get �screwed Student debt is a major concern on many students’ minds, but how often do you give a thought towards national debt? Student-run organization Generation Screwed arrived on campus to address the growing concern towards national debt Sept. 15. Generation Screwed set up a large display in ...

We had a great time at yesterday's debt clock tour stop starting a conversation about Canada's national debt -- check out our pics!

A reminder to visit us in the Arts Quad today from 1:30-4:30!

"The test, whose math component included questions on volume, fraction arithmetic and the cancelled Ontario Retirement Pension Plan, was designed to measure students’ aptitude in math, reading and writing, as well as how effectively they use all three to understand the Wynne government’s fiscal record. Luckily, the Premier said, they “did not.”"

Ontario government successfully prepares generation of children who don't know if $300 billion debt big or small - The Beaverton The emergence of EQAO test results that show half of grade 6 students failing to meet the provincial math standard has prompted the Ontario government to reveal their plan to raise a generation that cannot make sense of the province’s monstrous debt.

An interesting cost of budget deficits...

Governments finance budget deficits through government bonds, which "crowd out" other forms of investment. Ultimately, this means less investment in business.

Budget deficits don't grow the economy - they hurt it.

Do budget deficits "crowd out" the market? | Investopedia Find out how governments can crowd out private investment and other borrowers in the market for loanable funds whenever they run fiscal deficits.

Ontario has more debt than California ... a state with nearly 3 times the population!

This means that our government can't make investments in the things that matter - the province spends more money on interest payments than it does on postsecondary education.

Read more about the problem in this Fraser Institute report:
https://www.fraserinstitute.org/research-news/display.aspx?id=20973