Mike's Daily Comment

Unmentioned Consequences – Save for retirement with record low interest rates? For years we’ve been told to save for retirement, now that’s virtually impossible. Think about this…..

Nothing For The Younger Demographic – This year, total Federal spending on people over 65 will be 5 times more than that spent on people under 45. Meanwhile our school system continues to graduate economically and financially illiterate students

It’s Not Goodies It’s My Money! Media talks about what Goodies might be in the budget as if Government had a source of income other than what it dug out of our pockets. Don’t worry about a decrease in spending though you might want to worry about a decrease in the rate of spending increases.

Don’t Depend on Government – As you file your taxes, consider the Governments the lack of accountability, heavily subsidiized industrie/ insiders, Political considerations trumping public good will combine to prevent you from every collecting your promised pension(s)

Maybe its NOT that easy? – Progressive is code for smarter than the rest, and those progressives have raised taxes on the “rich” in virtually every province in the last 4 years. Has that solved our problems?