Monday, February 01, 2010

Treasury Releases the 2010 Intergenerational Report.

Just a short post to note the report has been released.

The report can be downloaded from this page.

http://treasury.gov.au/igr/igr2010/

I have to say this report is quite pathetic in my view. It is alarmist – describing us as ‘hot, crowded, ailing and ageing’.

The modelling seems to me to have been done on assumptions that are not really explicit and while the negative impact of technology on costs is mentioned the beneficial effects on productivity and so on are just ignored.

Sure it will cost a bit more to care for our population as we all age, but where is the modelling of the offsets and the positive things we might do to make things less difficult for all of us.

As for mentioning e-health in assisting health sector not anywhere to be found.

Hopeless, technically inadequate and hysterical while offering no list of offsets that might be possible. A purely political document in my view.

David.

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