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“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

FELDSTED: Governments continue to spend irresponsibly, driven by a fear that reduced spending will result in a loss of votes and political power

Most Canadians are unhappy with their salaries, survey finds. Research conducted on behalf of Indeed Canada says more than half plan to ask for a raise in 2019 Brandie Weikle ~~ CBC News ~~ Mar 09, 2019 Most Canadians are unhappy with their salaries and more than half plan to ask for a raise in 2019, a new survey has found. Conducted by Censuswide on behalf of job site Indeed Canada, the research found that only 13 per cent of Canadian workers surveyed are comfortable with their current rate of pay. That's down from 17 per cent from when Indeed commissioned the same survey one year ago. "As prices increase and the cost of living — especially housing in major city centres — goes up, I think we can attribute it to that." CLICK HERE for the full story A major factor this survey ignores, is the ever-increasing tax burden that is eroding disposable income. We face increasing federal taxes, municipal taxes, provincial taxes, school ta...

FELDSTED: Perhaps government can ignore the thunder of economists, but the lightning of insolvency is not as easily put off

Economics 101 tells us high public debt is bad. But what if the textbooks need updating? Kevin Carmichael ~~ Financial Post ~~ February 5, 2019 Higher deficits today mean higher taxes tomorrow,” Pierre Poilievre, the Opposition finance critic, wrote in a column for the Toronto Sun at the end of November. Economics 101, albeit with a partisan twist. But what if the textbooks need updating? As the federal Conservatives seek policy inspiration in their old university notebooks, the economics profession is asking whether public debt matters, at least to the extent that it thought it did. CLICK HERE to read the full story: Socialists never tire of telling us that we do not need to worry over accumulating debt; that we do not need to raise taxes to cover our shortfalls, and that all is well even if debt is increasing.

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