Fact or fiction: a 40-year budget deficit burden? 29 June 2021 This Intergenerational Report (IGR) released by the Federal government (https://treasury.gov.au/intergenerational-report) is a classic economic work that either sends people asleep or turns them into a Homer Simpson, who simply would look at it and say: “Boring.” Potentially it’s a chance for younger generations to complain about older ones, which is an issue I’ll get back to after summing up this work produced by the number crunchers in Treasury. In a nutshell, it looks at what we’re doing right and wrong today that will have an impact on generations in the future.