The media just loves to elevate certain politicians to Super Hero status. The downside is that it provides cover for those political heroes to continue with the same policies year after year that lead to poverty, faltering economic growth, unemployment and political corruption….

Michael’s Mid-Week Update: OECD: Canada’s Growth Engine Still Needs a Rebuild

A $16 glass or orange juice claimed as an expense is just a symbol of the kind of abuse being perpetrated by a legion of Government hacks. The really big cash being stuffed into pockets lately is called “moving expenses”. Huge numbers. Expense account abuse going on Right Now is staggering and its time to roll out the guillotine.

OECD: Canada’s Growth Engine Still Needs a Rebuild

Why do you think the BC Fed is so determined to raise the minimum wage when  several recent Canadian studies show an increase does not reduce poverty rates?

….also: Hot Properties: 4 Reasons BC Real Estate is Not in a Bubble

Politicians love to talk about, and implement policies to help the poor. Sadly, its smoke and mirrors. Lower interest rates to help the poor and what happens, the rich get richer, the middle class declines and the poor are in worse shape than before. It’s time to cut the crap….

…related: A Key Trend: The Bear Market In Unskilled Labour