Posted by: syncro
Posted by: Zedbra
So, rebuttal facts to 'but Harper' are now putting him on a pedestal when the collective brain power can only put him down rather than discuss the poor performance of Mr Selfie? Like what you just did. Got it.
Care to embellish on your opinions of this budget without mentioning the government from 3 years ago? Is going billions into deficit in order to tax the 'middle class' and holding onto a balooning real estate market, in the face of the international monetary eyes saying doing those very actions red lights us for a potential recession, the right course to thrust Canada towards prosperous times in the face of a potential recession?
Yes, and they all suck - I can agree to that, Red.
Not sure why you keep saying three years, Trudeau's been in charge for less than half of that - 16 months so far.
I called it putting Harper on a pedestal because that's how you frame your responses and questions. Your general style is to attack Trudeau/Liberals and defend Harper/Conservatives with one sided debate. If people bring up opposing info to balance your claims then you turn that into "Harper bashing". When you talk about the Liberal deficit like it's the worst thing since sliced bread and them someone else points out the Conservatives ran deficits too, including the highest ever, you turn that into "Harper bashing". That is simply just adding balance to the debate. People aren't tired of hearing about out talking about government. but I suspect some are tired of the one-sided way you always seem to go about that process.
In terms of the current budget there are a number of things I'm not happy with and the shine is coming off this Liberal government very quickly for me. If they continue on the current trajectory I won't see myself supporting them in the next election. The way the Conservatives are going though with their leadership (or better, lack of leadership) candidates I don't see myself supporting them either.
Looking at your article link:
-
deficit is down this year, will be up next year and then down significantly the year after
-
scrapping CSB makes sense at this point considering interest rates. who even buys them anymore? it probably costs more to run the program than any sort of profits that can be realized.
-
higher taxes on tobacco and alcohol are more good than bad in my eye
-
money for affordable housing is a good thing
-
CRA has been hamstrung due to cuts for years, part of the reason nothing's been done about the real estate debacle is they simply don't have enough auditors or budget to deal with it.
-
new daycare spaces are good and is related to housing imo
-
student loan stuff is good but they've cut tax credits for students which is bad
-
adding some bureaucracy which is not good imo, I question how effectively that money will be spent.
So looking at the info in your link it's not all doom and gloom as you stated from the beginning.
Those were only some of the highlights - I've managed to saunter through about the first 90 pages of the budget and I haven't come across massive job creations to increase our GDP and all roads lead to taxing real estate, which has been warned is dangerously close to popping n the international community's investment eyes.
Did you read at all the BIS report, that has been able to predict the US economic collapse and the UK's as well? Here is just a little bit for us to all ponder:
<u>They’ve identified the disease of debt, but they’re mum on the cure as well as where all this speculative credit is coming from.</u>
<u>The Bank of Canada revealed that Canadians have taken on $2 trillion dollars in consumer debt. And while large numbers like these are thrown around a lot in the age of low interest rates, deficit spending and quantitive easing, it helps to have some perspective. It takes 31,709 years to count to one trillion. Now multiply that by two.</u>
<u>71.6% of that $2 trillion consumer debt is in mortgages. The BIS warns that large debt binges like this are almost always followed by a proportional recession. Thus, Canada has been flagged for bad times in 2018.</u>
