Deficits as far as the eye can see, from 25 billion forecasted to 135 billion. The key is, that despite all the extra spending there is no evidence the government spending has produced any significant economic growth. So what’s next….

Mid-Week Update: Debt Up Real Estate Down Economy a Nail Biter

Now that is damning with faint praise. Meanwhile government blows 135 million supporting talk shows. Perhaps there is a connection between economic underperformance and government intervention in so much of the economy? Talk shows? Brace yourself Canadians for the next round of “infrastructure spending”.

…also, Michael on: Millennials Are Economically & Financially Illiterate…

……and that suits the present political elite just fine. It’s allowed them to slip through the new CHMC mortage rules that will effect affordability dramatically. Then there’s the “enhanced” Canada Pension Plan. Very very few understand the financial obligations our Millennials are set to shoulder. Infrastructure spending…again, its the millennials who’ll pay for that. For the political realm its really just fine there’s no rioting in the streets…..yet.

…also from Michael: Do Government’s Really Want Affordable Housing?

Whether its the leap manifesto crowd, organized labour or the NDP, their demand for higher taxes on corporations has been proven to reduce worker wages and economic growth. Fine for some but what about the workers?

….also from Michael: Ignorance Rules