Federal Surpluses
- Thread starter red
- Start date
Y
yychobbyist
In theory I like your priories. However, using half to pay down the debt means budgeting for a surplus. That is a very tempting target for every special interest group and province that wants it spent on themselves instead. Martin has shown that he can’t say no to anyone in an attempt to buy his next majority. Thus, I think that while budgeting for a surplus to pay down the debt is a noble idea, it is just going to result in the money being wasted. Thus, I would say spend part on the military and other worth useful causes but give the rest back in tax cuts so it is not a tempting target for every province and special interest group in the country.red said:
Winston, clearly you do not work in agriculture.Winston said:
Pay down the debt. Period.
Zero for the military. It's a joke, let's put it out of it's misery.
Canada is a banana republic.
Last thought...given the poverty in this country (1 in 5 families living below the poverty line) it is obscene for the federal gov't to run a surplus.
strange1 said:
Unfortunately, Paul Martin is no longer the Fianance Minister. Instead, he is the Prime Minister of a minority government and his first priority is to win the majority- there is only one way to achieve that. Check this out from the latest issue of the Economist
http://www.economist.com/world/na/displayStory.cfm?story_id=3669408
That is one reason I think the loonie will trade below 80 cents in the next couple of years.
FREE CONDOMS FOR EVERYONE!!!
and if there's anything left, pay down the debt!
What ever happened to that surplus they had in the HRC pool? I bet that went to line a bunch of good ol' Jean's croonies pockets too.....
My prediction? nothing good will be done with the money the surplus will just magically disappear....the big problem is the government has the money and is in charge of where it goes.......
and if there's anything left, pay down the debt!
What ever happened to that surplus they had in the HRC pool? I bet that went to line a bunch of good ol' Jean's croonies pockets too.....
My prediction? nothing good will be done with the money the surplus will just magically disappear....the big problem is the government has the money and is in charge of where it goes.......
strange1 said:
How about:
1st - Cut taxes
2nd - Cut taxes
3rd - Cut taxes
It's enough already. Canadians can't take it anymore...
Reducing the debt has a more direct impact on government funds. The interest payments are huge. Once the debt is down, the governments expenditures will drop. Then cut taxes if that's what the priorities are.loveasian said:
Cut taxes and we keep our debt forever. Cut the debt and taxes will follow. Either that or move yourself to a desert island and build your own country.
I do see the point about the minority government and special interest groups.
Agreed, much of the expanse of Canada has little opportunity for gainful employment. Few jobs exist in small northern communities simply because businesses would rather go to larger communities where the majority of the people are. Government assistance in isolated areas should be focused on attracting business and getting the job market going. --or it should in attracting people away from these smaller areas to cities where jobs exist. Many come from isolated areas to Toronto looking for work, but find that with little money and no fixed addresss they can't qualify for social assistance. Many end up sleeping on the street. If we ever want people off the poverty list, our federal government should be looking at aiding those that want to better themselves no matter where they are or what street corner they live on.
