I disagree - we need to prepare things like the health and support systems for the coming crunch (over the next ~20 years) and we need to do that now.
You seem to be assuming that the current increases in government spending are in large part going to things that will deal with health and support systems for the elderly. Unfortunately, many of the spending increases under trudeau (such as increases in child care benefits) aren't targeting infrastructure designed to help the elderly. (I could also point out other things the government spends money on that it doesn't need to.. for example the CBC.)
There is also the risk of spending money too soon. Yes, we will eventually need more medical resources to handle the elderly. But if we spend billions for that NOW, the stuff will probably just sit idle for a decade or 2 until its needed.
At the same time, we have to do things like improve our infrastructure
Infrastructure spending should be something that is done on a consistent basis.
(If the recent increase in the deficit was due to Trudeau deciding to give money to cities to fix roads or engage in similar public works, I would probably complain less. But little of the new budget deficit is targeted at that.
and productivity to make up a gap in the total labour pool.
Some might question why it is the responsibility of the government to drive productivity increases. Many might assume that it is the private sector itself that drives the majority of innovation and productivity increases.
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