Thoughts on BC Politics and More

A STARK CHOICE ... pollsters and pundits insist that the Conservatives and Liberals are in “deadlocked” in the 2019 election race. That is hard to believe considering the vast difference between how the two parties plan to govern over the next four years.   Conservative leader Andrew Scheer The Conservatives have proposed a common-sense, reasonable plan to reduce spending on non-essential programs (such as subsidies to corporations) to finance tax reductions while maintaining core services and working to balanced budgets. The Liberal continue to strike fear in Canadians (fear of a climate crisis; fear of any reductions in government spending) and to spend even more to create a false appearance of prosperity. Liberals will increase borrowing due to budget deficits by $94 billion over the next four years, raising our federal debt from the current $768 billion to $862 billion. To put that in to perspective, based on a modest 3.2% interest rate, we are curren...

The federal government risks repeating the mistakes of the mid-1960s to mid-1990s — when Ottawa repeatedly ran deficits and racked up massive amounts of debt — that nearly led to a currency and debt crisis in Canada, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “ Today’s federal deficit and mounting debt are the result of discretionary spending, taken with little concern for the immediate risks, long-term impact and the history of deficit-spending in Canada ,” said Jason Clemens, Fraser Institute executive vice-president and co-author of Federal Deficits Then and Now: Is Canada Repeating the Fiscal Mistakes of 1965 to 1995? The study finds that, due in part to higher-than-planned government spending and lower-than-forecast government revenue, the federal government ran budget deficits every year (except one) from 1965 to 1995 (when the federal debt increased from $17.2 billion to more ...

Hello again friends … it’s Day Seven, and that means a look back at the commentaries and opinions on political, social and economic issues that came up during this past week. Let’s get underway right off with commentary number ten from John Feldsted; #10 … Whether the handgun is used to commit crimes, aggression against a rival, or in defense of another gang or drug dealer , innocent bystanders are in jeopardy (August 12 th ) … our approach to people who possess illegal handguns or who have and use guns in the commission of a crime needs a serious overhaul. The spate of shootings in Toronto was caused by people. They were settling scores or in disputes over criminal territory … #9 … I am looking straight at Canadians and being honest the way I always have ... we said we are committed to balanced budgets and we are ... and we will balance that budget in 2019 ~~ Justin Trudeau in 2015 (August 13 th )   … a recent study by the ...