Mike's Daily Comment

A Vital Question

Posted by Michael Campbell

on Tuesday, 7 June 2016 14:29

How does a simple economic contraction turn into a huge mess like we experienced in 2008? The first step is it starts with a system based on confidence, and when that goes all hell begins to break loose….

Don’t miss Mike’s comment on 77% of Swiss voters just rejecting a proposal to introduce a $3000 guaranteed basic income for all

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While 77% of Swiss voters just rejected a proposal to introduce a $3000 guaranteed basic income for all. Supporters said it would allow them to focus on their passions and not go to work,

also from Mike:

Time For Canada To Confront Economic Extremism

I can’t help but wish that advocates for more government regulation, intervention and mythical job creation had a chance to go live in Venezuela for a bit.

 

All Pain No Gain

Posted by Michael Campbell

on Thursday, 2 June 2016 16:11

Climate change activists who want to shut down entire industries don’t seem to care that their efforts will have virtually zero effect on reducing carbon emissions.

climate change dollars 1024x61related from Michael: How To Expand Our Economy By Up To 130 Billion

 

Supply management is is just another tax. A substantial tax too as it effectively raises the price of dairy and poultry products more than 200%. This system might be about to be eliminated though, if a Quebec movement has their way.