Mike's Daily Comment
Cuz if they are – governments could back off. Someone I know just bought a new home – and the GST alone was $35,000 – enough said.
The federal government promises to spend $101 billion to boost the economy over three years. Can you guess the difference in interest costs if they have borrowed the money in January compared with today?
The “Are you kidding me, $509 billion in new debt in just two years” budget. Because then some party pooper may ask – how are we going to pay for it?
The Federal Budget was a mind-numbing 739 pages long so no wonder not everything is covered but I doubt one key aspect ever will be.




No History and No Economics = Thumbs Up for Socialism
Posted by Michael Campbell
on Monday, 26 April 2021 6:09
As famed economist, Thomas Sowell says, “the great promise of socialism is something for nothing.” And increasing numbers of Gen Z and Millennials say count me in.