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...
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