Mike's Daily Comment

Deficit Spending in Good Times

debtload

We are far less able to weather any significant downturn because we have falsely assumed one will never come. This is the true peril of borrowing when the economy is strong.

Canadian Political Establishment Not Being Challenged

iswear

It’s not like we don’t have reasons to be fed up, but there seems to be very little in the way of grassroots opposition to Canada’s “business as usual” cronyism, self-serving and outright corrupt political practices. This is in direct contrast to virtually every other Western nation.

Disincentives to Work

 Somebody has to pay for everything that governments deliver, but their free lunch promises keep attracting support from voters. So which one of us will shoulder the burden?

babydebt

This Is Costing Us Far More Than Tariffs

falling loonie

Canada has put on $16.6 billion in tariffs on Canadians who purchase an array of US goods. But that costs us far less than the fall of the loonie versus the US dollar. 

The Land Of Freedom But Not Free Speech

freespeech

I invite you to consider the casualness that we are dispensing with the very individual freedoms and values that have made Canada such a great country.