After the boom - what?
The following is written by my father. I post it, in part, for my sons. It has been a while since David Foot introduced us to the boom babies (Canadians born 1946 to 1964) and the sociological, economic and other significant implications of this cohort. They are still significant. Only relatively recently have they exercised control over the biggest governments in Canada - the Federal Government, British Columbia, Alberta, Ontario and Quebec. At the turn of the millennium all of these governments were headed by people born prior to the boom. During this millennium, four of the five jurisdictions have had governments led by boom babies. How have the boom babies been doing? It's difficult to say but one measure would be the change in the ratio of debt to gross domestic product during their administrations.