Sunday, November 16, 2014

Joe Oliver's Dangerously Reckless Budget Scam

Well as you know, I wasn't exactly impressed by Joe Oliver's totally political fiscal update, and by the way he is recklessly blowing the surplus.

To try to buy votes and leave no money in the cupboard, so the opposition can't make their own spending promises.

While also leaving no money for a rainy day should the economy take a dive, and oil prices keep tanking.

So I'm glad to see that I'm not the only one who thinks that Ol' Joe, and his equally incompetent master Stephen Harper, could be leading us to DISASTER.

This “incredible shrinking surplus’’ is the Harper government’s notion of good fiscal management. Drive down government spending to 1950 levels (adjusting for inflation), give the surplus away to the Conservatives’ “base’’ in the form of targeted tax breaks, and dare the opposition parties to rollback one dollar of tax cuts in an election year. 

While that may be the Tories’ idea of sound financial management, it’s not the Parliamentary Budget Officer’s. The PBO, Jean-Denis Frechette, has warned the government that frittering away the surplus with tax cuts or spending initiatives could push the country back into deficit if economic growth subsides.

And growth very well could subside, if oil prices remain low or global economic growth stalls, not to mention an unexpected SARS-type crisis. Harper is clearly sailing close to the wind...

Risking absolute disaster for no sane reason.

And for what? Income-splitting for a single-income family earning $45,000 a year will generate the ducal sum of $150 a year or 40 cents a day. Of course, if your family income is $160,000 to $180,000 a year, that will put $2,000 back in your pocket every year.

And to make matters worse, even though they're offering most Canadians peanuts or a big fat NOTHING, the Con Ministry of Propaganda and Disinformation is making it sound like we all won the lottery.

And as Rick Mercer points out, throwing a lot of Canadians into confusion...

But if you thought that was a bad review.

You should hear what Stephen Lewis has to say about the way the Cons are trying to portray their bribe and tax avoidance scheme as a CHILDCARE plan...

And after that I think you'll all agree that old Joe should go back to his old job. 

Trying to convince us that the water from the tar ponds is safe to drink...

And that the Con Artist in Chief, old Steve Harper, should be fired as soon as possible.

Or pursued by the Canada Revenue Agency for attempted tax FRAUD...

Before he corrupts our democracy further.

Before he leads us to economic disaster.

Before he robs us BLIND...

Please click here to recommend this post at Progressive.


  1. Anonymous4:01 PM

    Harper has already killed this country, with his treachery. Harper called Russia and Putin evil Communists and then, sold Canada to Communist China. And now, China is financing Putin. Harper still sells arms to Russia.

    The last time Harper insulted Putin? Putin scooped a NG deal with China. Harper shot his big mouth off again and Putin scooped a huge trade deal with China. At the summit, again Harper was nasty and ignorant towards Putin. We can be sure, Putin will take something else from Harper this time too.

    Russia and Communist China are laughing all the way to the bank, at Harper's stupidity.

    I hope everyone will be out there to support our Veterans, campaigning against Harper. I e-mailed our local Canadian Legion and pledged my support. Quite frankly, Harper is not worth our young Canadian boys dying for. Nor, is Harper worth our troops today dying for.

    1. hi anon....Harper and his filthy regime have almost killed this country. But it's heart is still beating, we are more than them, and we will save it...

  2. Anonymous11:04 PM

    I doubt very much that Harper would send his own son out there to die but he doesn't mind sending other people sons, though. And if they should come back maimed, he does nothing to help them.

    1. hi anon...I doubt he would either, and you're right, he will cling to the military and use it to make him look good. But when our soldiers are wounded they're on their own...

  3. Joe Oliver now says the projected surplus next year will be $1.9 billion. I think he purposely underestimated it, and will announce a higher surplus just before the election. The Cons will achieve this higher surplus by cutting transfers to the provinces and to programs. Presto! A higher surplus!

    1. hi're right it is a shell game. They're pretending the budgetary situation is too serious to allow anyone but them to govern the country. While blowing the surplus to make sure the situation is more precarious than it should be. And the opposition parties shouldn't hesitate to make their promises based on the money that will be there when they need it...

  4. And if the price of oil continues to go down, how come the price of gasoline isn't also going down? Maybe a few cents/litre lower in some markets, but really its an insignificant amount.

  5. hi David...oil prices are slowly drifting down. But of course they will not go too far down, because as you know Big Oil always finds some excuse, or some war, to justify keeping them up there, and generating big profits...

  6. I've heard of phishing scammers using Google Maps to reveal the location of a victim, but I haven't heard of scammers using Google Search to find the e-mail addresses of possible prospects for advance fee fraud.