Mike's Daily Comment

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.

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?

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.

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.

Deficit Spending in Good Times
Posted by Michael Campbell
on Thursday, 5 July 2018 21:40
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.