Kelowna B.C.

Kelowna B.C.

Thursday, January 22, 2009

New Budget Deficits

Well my second blog of the year and a lot has happened since last weeks post, Barack Obama was sworn in as president, our Conservative government leaked out the budget numbers before next weeks presentation, and both my N.F.L. teams were eliminated from playoffs. I am absolutely ecstatic with the fact America has a black president, but more elated that his values are so aligned with just about every reasonable human being on this planet. I believe he is going to be a great leader that the whole world will benefit from, he has already started making positive changes and he’s only on his second day.
Anyways I am trying to keep this blog related to Canadian politics, so I will voice my opinions about the projected deficit that the government figures it needs to spend to help out with the recession. First of all I can not figure out why there is such a hubbub about how and where they will spend the stimulus package, when in fact every municipality across Canada has many project to fix, enhance, or create infrastructure. We all know that working on new roads, bridges, highways, rail systems, parks and pathways, schools and universities, community centres, sports complexes, these all create jobs, and jobs generate taxes which in turn give the government more money to work on more infrastructure, which well we know creates more… I have made some comments on various blogs with regards to the thirty plus billions in deficit that Steven Harper has put in his budget and has projected that this recession will last for five years, WOW!
I find the circumstances surrounding this budget to be quit concerning, sixty four billion dollars over two years, and an increase of thirteen billion dollars spent on the daily operations of this government? I question if that amount will have any substantial long term benefit to our Canadian economy, or will this just be an exercise of futility. This type of spending over five years brings us to the same type of debt load we had almost a decade ago? The Conservatives have done very little to enhance Canadian investments and in fact with the income trust fiasco, have in my opinion done more to hurt our economy during the last three years. I’m not sure that the thirteen billion dollar increase isn’t because of their mismanagement, and that the remaining twenty one billion will only go to more public announcements and political posturing that have little or no action. Since the economic statement and the proroguing of the house, all they have been doing seems to be related to the publics perception, that they are consulting with all the right people who will advise us properly the way through this mess. If I remember correctly, during the election campaign last September, Mr. Dion was criticized by Mr. Harper that the only plan or strategy he had was to consult with business leaders and provincial leaders to make a plan, that was four long months ago. What has Mr. Harper been doing for the last four weeks?, exactly what he was criticizing Mr. Dion for suggesting. I don’t know but more and more I’m feeling that Mr. Harper has not only lost the confidence of the house, but also my confidence as well.

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