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





A Cautionary Tale Re: Stimulus
Posted by Michael Campbell
on Monday, 8 March 2021 7:17
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.