For those out there who are hoping, demanding, or should I say expecting all the government programs we are used to, better get ready for some seriously bad news.
Pensions, health care, government services. It either comes from borrowed money, or from services/products/commodities. In Canada, ours is oil & gas. Mainly sold to the USA. The great socialist hero rock star Obama has confirmed the Democratic's mission that the USA WILL not have to be oil/gas importers by 2030. For Canadians, this is the worst news ever. Here we are arguing about whether we should extract/sell the stuff at all. Never mind thinking about selling to someone other than the USA. You anti-pipeline folks out there better take a serious reality check here, your actions, your stance, your idealology WILL negatively effect your retirement years. 2017 is not very far away, 2030 will roll around quickly as well. I'm older than most of you, my pension will be in full swing way before we have to turn our oil tap off. You younger set, you're fucked. Your kids are totally fucked.
Think about it.