Mike's Daily Comment

A Cautionary Tale Re: Stimulus

The US economy’s recovering, jobs stats improving, states are opening up and all before the monstrous $1.9 trillion stimulus package – borrowed money, of course.  Let’s not make the same mistake here.

Who Are We Kidding

We are not “all in this together” when it comes to the financial impact of the pandemic. Heck, every home owner’s made a bundle while low skilled, low income workers have been hit hard.

The “We Can Afford” The Massive Deficit Mantra is Unravelling

How many times did we hear that we can afford the record government borrowing deficit because interest rates are at record lows. The only problem is – they aren’t anymore.

Federal Election?

A Parliamentary committee of all parties hopes not. The PM says we’re preoccupied with the pandemic – he’s right but this is politics.

Guaranteed Basic Income Sounds Great to Some

Only problem is that no one – including a just released study commissioned by the BC NDP – says in practice, it’s not a good idea.

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