Mike's Daily Comment

In the last federal election the NDP, Liberals and Conservatives all promised to balance the budget. Today, only the Conservatives promise to do it and it will take 5 years. The other parties know that fiscal responsibility doesn’t sell but a free lunch does.

Talk about marginalized. It’s not that the student climate protesters don’t like or care about the impact of the Paris Accord or their demands for no fossil fuels by 2030 on the poor in developing countries. They don’t even consider them.

The pine beetle and wild fires have decimated our forests pushing the price of logs up – then the BC NDP/Green government makes matters worse by increasing stumpage fees, a carbon tax that’s no longer revenue neutral and a healthcare tax on employers.

Last week banks lending overnight to other banks to meet short term cash shortages charged 10%. The Federal Reserve had to step in and provide over $400 billion to banks needing to borrow overnight because they’re worried about another credit crisis similar to 2008.

It Used to Be Called Freeloading But Now It’s Called Being Progressive
Posted by Michael Campbell
on Wednesday, 2 October 2019 6:14
We’re not running double digit deficits because we’re in an economic downturn or can’t afford essential services. We run them because we want government to give us more and we’re not prepared to pay.