Mike's Daily Comment

Not your political parties who continue to support programs that hurt the poor. Helping alleviate poverty for 43 First Nations who have signed agreements with Kinder Morgan isn’t even a consideration for opponents. All three federal parties support supply management despite the number of studies that show it hurts the poor.

There is record government, corporate and personal debt . Here’s the question – are big problems more likely to be avoided with a strong or weak economy? Our politicians seem to think a weak economy will protect us.

When confidence goes – so does the money bringing the economy down with it. That’s what’s happened in Venezuela, which just devalued their currency by 95%. No surprise there given socialism’s persistent level of failure.

There is nothing progressive about doing the same thing over and over. When it comes to economics and finance, the government seems to push the same old idea’s hoping to get to a new result.

“End Inequality”… Looks Good on a Bumper Sticker
Posted by MoneyTalks Editor
on Thursday, 23 August 2018 18:27
But that’s about as far as it goes. Inequality is inevitable in any system that measures and rewards skills, talents, performance and the number of hours worked.