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PostPosted: Sun Jul 24, 2011 6:21 am
 


There is no move to the right politically, just prudence.

I’m getting tired of these journalists saying there is a move to the right in Canada politically. This is with Harper, Ford and Hudack coming up. Also there will be about six provincial elections in the next year so the results might be conservative.

However there is deficits and debt, and it’s unpopular. People only want a little prudence. And these so called right wing parties know that cuts and austerity are not popular. So really we are only looking for a little parsimony.

The world over governments have borrowed rather than taxed. Here’s an article how the bond market has turned on Italy and that if it goes further France would be caught up in “the hurricane”. The USA is in debt, China have provinces that are worse the Greece. We need careful, parsimonious governments world wide.

http://www.economist.com/node/18958579


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PostPosted: Sun Jul 24, 2011 10:06 am
 


Maybe not voter prudence just plain ignorance or apathy. People want the warm fuzzies in their tummmies and it seems anyone who can them give two cents will give them that. Dam the future.


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PostPosted: Sun Jul 24, 2011 10:15 am
 


Oh, I found hypocrisy prevails - people want cuts and programs. However the deficits of the last 35 years have screwed politics and people are sobering up.


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PostPosted: Sun Jul 24, 2011 12:13 pm
 


Strange, you'd expect Martin to still be PM using that rationale. But, no Canada was in good shape as far as surplus goes and with a debt reducing, however a government with the taint of 100M+ scandal & an opposition promising tax cuts quickly changed the voting public. So now we are in the middle of a decade of Harper goverence.
The provincial thing is something else. Hudak has shown he is not ready for prime time. the Conservative "Change Book" offers no real difference from what there already unless you look at the 5% (approx $75)reduction in prov income tax.If the government does change hands in Ontario it will be for change sake not because the Cons are offerring anything new. You know, the scariest thing about the upcoming election is that Andrea Horwath & the NDP hve come up with the most coherent agenda of the the three and that is troubling when you consider their platform isn't complete yet.
As far as municipal government goes it is going to be interesting over the next 3+ years to watch Ford crash & burn.


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PostPosted: Sun Jul 24, 2011 12:20 pm
 


Yeah only I don't know what Horwath has been saying.

I followed the elections fairly closely, I have some vested interest, and what I can recall is a poll that indicated Martin lost because people wanted "change". It wasn't exactly Adscam. The Liberals had been in 9 to 10 years and had a number of screw ups. People were tired of them. Harper dropped his right wing agenda and promised the GST cut and immediately jumped up in the polls. It was pretty good maneuvering. Martin had sort of lost his magic as well. He kind of slipped from being the national deficit hero. That's all it took.


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PostPosted: Thu Aug 04, 2011 10:23 am
 


Bruce_the_vii wrote:
There is no move to the right politically, just prudence.

I’m getting tired of these journalists saying there is a move to the right in Canada politically. This is with Harper, Ford and Hudack coming up. Also there will be about six provincial elections in the next year so the results might be conservative.

However there is deficits and debt, and it’s unpopular. People only want a little prudence. And these so called right wing parties know that cuts and austerity are not popular. So really we are only looking for a little parsimony.

The world over governments have borrowed rather than taxed.


How does Corporate tax cuts help deficits and debt? Please don't say job creation because I don't believe that for a minute.



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PostPosted: Thu Aug 04, 2011 2:20 pm
 


Pretty good arguements against tax cuts, even if the CCPA is left wing.

Beyond that the Conservatives had to borrow to give the tax cuts. This doesn't make sense to the guy in the street. The Liberals, Ignatieff, missed an opportunity to appear fiscally conservative when the conservatives did that. Instead he thought of alternative spending. The citizens are tired of deficits, better fiscal management would sell at the poll and Ignatieff missed the target.


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PostPosted: Thu Aug 04, 2011 4:02 pm
 


CitizenX wrote:
How does Corporate tax cuts help deficits and debt? Please don't say job creation because I don't believe that for a minute.


Why not? Less money that must be spent on taxes will commonly be spent to either spur a new investment, or to be used to support workers and shareholders. Just because you don't believe it, doesn't mean it's false or there's no arguments for it.


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PostPosted: Thu Aug 04, 2011 4:18 pm
 


Have you heard of the Robin Hood Tax



What do you think? Canada like the US has a not only a spending problem but a revenue problem.


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PostPosted: Thu Aug 04, 2011 4:22 pm
 


commanderkai wrote:
CitizenX wrote:
How does Corporate tax cuts help deficits and debt? Please don't say job creation because I don't believe that for a minute.


Why not? Less money that must be spent on taxes will commonly be spent to either spur a new investment, or to be used to support workers and shareholders. Just because you don't believe it, doesn't mean it's false or there's no arguments for it.


Trickle-down economics doesn't work...Greed always prevails.

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PostPosted: Thu Aug 04, 2011 4:33 pm
 


CitizenX wrote:
Have you heard of the Robin Hood Tax



What do you think? Canada like the US has a not only a spending problem but a revenue
problem.


I'm not able to watch Youtube vids currently, so I can't comment, but even then, sure there's a revenue problem in the United States. Revenue does not cover the cost of spending. You can attempt to increase revenue, or, more intelligently, conduct some tax reform to cut loopholes and such, but not cutting down a good chunk of the spending is just postponing the inevitable point where debt will be overwhelming.


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PostPosted: Thu Aug 04, 2011 4:39 pm
 


CitizenX wrote:
Trickle-down economics doesn't work...Greed always prevails.


Sigh. It's perfectly fine to hold those viewpoints, but it's much more enjoyable and enlightening when you discuss points without slogans.


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