The Complaint for Generational Equity

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September 25, 2009

The basic principle of inter generations equity is the natural and cultural resources. The younger generations can use the benefits of the resources received from the past generations that conclude the equitable use of resources. The social welfare programs is one of the ways of generational equity that give benefits to the next generations. The generational equity theorists are particularly concerned about social security. Currently the social security system with annual adjustments of taxes or benefits to maintain fiscal balance. For the each social security system, the uncertainty in representative outcomes for the present generation and across generations. The social welfare programs accumulate the assets which leads to a lower average rate of return that really benefits of risk reduction among generations.

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