Generational equity -A social welfare debate

The word generational equity evokes different meanings in different minds of people. The generational equity welfare debate will give some tips for the government to form innovative ideas. But I hope, the system is going on well as the government spending is more than taxes paid by the people above age 64 and under age 35.The government’s notion to this aspect is that they are focusing on young minds’ education and old people’s health care. It is a very genuine reason to spend on these two categories of people for overall growth of the country. It is just like parents taking care of their children and adults take care of their elder parents.