Can't be done.
The balance is one party spends, then is replaced by one that saves. It's a fiscal teeter-totter that plays out over decades. It's an unintended result of the representative democratic process of Western society.
For those of you who think the NDP should govern federally.
- Thread starter Jethro Bodine
- Start date
The balance is one party spends, then is replaced by one that saves. It's a fiscal teeter-totter that plays out over decades. It's an unintended result of the representative democratic process of Western society.
Urban Legand: http://www.snopes.com/college/exam/socialism.asp
Any time an opening paragraph uses "at a local college" or other sort of generic location, you know it's BS.
It's not whether or not this actually happened or not.
The fact of the matter is that it makes the concept of socialism easy to understand.
I have heard it explained in a similar way using other concepts.
So what is your point.
That because it didn't really happen you don't believe in the concept that socialism will always fail.
Just look at the latest announcements from the NDP.
Increase payments to teachers by $250M.
Increase welfare payments.
Where is all the money going to come from.
Well lets just TAX the rich.
A bunch of morons.
Oh and another place where the fuck'n morons obviously haven't thought about.
Let's bring back the capital tax on banks. Well based on the % of capital in BC this should hurt the credit unions more than the big banks.
Isn't the credit union kind of a socialistic concept????
Also lets tax the large public corporations.
Well who will that really hurt ..... who are one of the largest block of shareholders of public corporation shares in Canada ......... UNION PENSIONS.
Talk about stupid.
as opposed to the destruction of health care, the ballooning debt, the internal dictatorship, destruction of environmental standards, the decline of standard of living in Canada or the international embarrassment that defines the Conservative platform?
You left out ice cream! Since Harper was elected, the gelati in Canada has lost its smoothness and is contaminated with ice crystals! Sacrilege!
Yeah, vote the bastards out. I want my pistachio gelato back!
you mean like spending 11 to 15 million on a 2.5 hour party with no real economic spin off, instead of funding other programs and services that engage the entire community for years on the same budget?
Like writing off 6 million in legal fees for two pawns?
Like instigating a tax after a sham of an election that promised no new taxes?
Yes, they had the fast ferry fiasco... money that was spent inside of BC. That said, the new BC convention building cost more than all the ferries combined, and had a lot of outside of BC and non union labour involved. Much of the money that flowed out for the Olympics was drained outside of the province as well as country.
A 999 year lease on our rail system? 99 years I can understand, but a thousand? Somebody had their pockets lined.
In all honesty, the NDP CAN'T do worse than the Liberals. We're already broke, fumbling through financial hardship and in huge debt. Get over it... it's not the NDP's fault that we're here, they haven't been in power.
Like writing off 6 million in legal fees for two pawns?
Like instigating a tax after a sham of an election that promised no new taxes?
Yes, they had the fast ferry fiasco... money that was spent inside of BC. That said, the new BC convention building cost more than all the ferries combined, and had a lot of outside of BC and non union labour involved. Much of the money that flowed out for the Olympics was drained outside of the province as well as country.
A 999 year lease on our rail system? 99 years I can understand, but a thousand? Somebody had their pockets lined.
In all honesty, the NDP CAN'T do worse than the Liberals. We're already broke, fumbling through financial hardship and in huge debt. Get over it... it's not the NDP's fault that we're here, they haven't been in power.
except there was a surplus, with properly funded services and a higher standard of living for a majority of citizens 
Citation - Bill Bennett, Party Leader's debate, April 9, 1979except there was a surplus, with properly funded services and a higher standard of living for a majority of citizens
I would have voted for NDP at the federal level if Jack Layton was still around - truly, the only politician I ever liked - but now that Trudeau's in the running, might be going Liberal now. No way in fucking hell will I EVER vote for a PC candidate...
When the "higher standard for a majority of citizens" means a marginal tax rate of 54.16% then it is doomed for failure and cannot be sustainable.except there was a surplus, with properly funded services and a higher standard of living for a majority of citizens
That was the rate in 1996, this was when the NDP were in power in the middle of a 9 year run.
In addition back in 1996 the highest marginal tax bracket started at below $100k.
That is not the definition of a high income earner.
I do agree with you on the fast ferry. I don't think it was a fiasco per say as the vast majority of the money was spent in BC and whether they lined the pockets of the unions or not .... the spin off most likely stayed in BC.
This is why I disagree with the Canada Health Act and the fact Canadians cannot purchase their own health care.
Let's face facts. If I want my hips operated on and I don't want to wait I can just hop on a plane and get in done in the US right away. But if I had the option to do the same in Canada I would. By having my operation in Canada I would pay my Canadian doctor, my Canadian nurse, my Canadian receptionist and vast host of other employees of the clinic who all have to pay Canadian taxes on their income. The rent on the premises would be taxed in Canada as well as the income on the business that the above noted people spend their money on.
In addition I have now open a spot for someone else to move up in getting their operation on the public side.
So why the HELL doesn't the Federal NDP or Liberal get this ..... oh yeah I forgot all Socialist are MORONS .... and incapable of any logical thought.
Geez, blaze, you kinda' go for the charismatic-types, don't you. Methinks the Manitoba PC party will capture your vote if Kate Upton becomes its leader. And if she charges less than $200/hr, you'll enthusiastically become her campaign manager.
Wow guess I have to say it more clearly to you.
Earning $100,000 in 1996 should not be the definition of a high income earner.
To me a high income earner that should be subject to the highest rate of income in 1996 should be at least $500,000.
$100,000 is barely middle class.
Almost everyone I know earned at least 2.5 times that and I do not consider them to be a high income earner.
Is that more clear.
In other news: B.C. NDP to raise welfare rates, pledges monthly family bonus
Read more: http://www.vancouversun.com/busines...family+bonus/8267784/story.html#ixzz2R1sHXE9l
The $70 family bonus is sure to bring children out of poverty...
Read more: http://www.vancouversun.com/busines...family+bonus/8267784/story.html#ixzz2R1sHXE9l
The $70 family bonus is sure to bring children out of poverty
...
Really? Bill Bennett, the man who blew a crap ton of money on BC Brick Shares (worthless junk bonds, wasting tax payer and resident money, yet was profitable for business friends of his)? Who created a BC corp company that has no real holdings (of any worth), does no work, yet has employed 10 people at a million a year since the 80's (a mining corp, can't remember the name off hand, cant find my book on him)? The fellow who personally spear headed the most massive decline in the financial wealth of the average citizen in BC since the great depression?
His father was a great man... but little Billy was a goof.
So why did you skip the Valderzalm years? The right wingers nearly had a golden age with him... true, he was living a castle and probably played finances a little on the loose side...true, he was probably a little on the sociopath side of the fence (morally speaking), I'm just wondering why you totally ignored that golden little piece of BC right wing history?
His father was a great man... but little Billy was a goof.
So why did you skip the Valderzalm years? The right wingers nearly had a golden age with him... true, he was living a castle and probably played finances a little on the loose side...true, he was probably a little on the sociopath side of the fence (morally speaking), I'm just wondering why you totally ignored that golden little piece of BC right wing history?
Oh, pop a nitro pill, help yourself to a glass of port and calm down, CJ. Ya' got no worries. The NDP will win this election, without breaking a sweat. It's in the bag.
Ever ten years or so it's throw-the-rascals-out and a new bunch of crooks get their turn to raid the public kitty. Today, there's a perception in BC that there is money-under-the-mattresses at Belleville and Government and it's time to get that money spent. In fact, I think that's where Glen Clark found it when he said he was "shoveling money off the back of a truck", to the ungrateful electorate. Of course I was ungrateful, the burlap bag he handed me as I ran behind the truck had a hole in it!
Ever ten years or so it's throw-the-rascals-out and a new bunch of crooks get their turn to raid the public kitty. Today, there's a perception in BC that there is money-under-the-mattresses at Belleville and Government and it's time to get that money spent. In fact, I think that's where Glen Clark found it when he said he was "shoveling money off the back of a truck", to the ungrateful electorate. Of course I was ungrateful, the burlap bag he handed me as I ran behind the truck had a hole in it!
Really? Bill Bennett, the man who blew a crap ton of money on BC Brick Shares (worthless junk bonds, wasting tax payer and resident money, yet was profitable for business friends of his)? Who created a BC corp company that has no real holdings (of any worth), does no work, yet has employed 10 people at a million a year since the 80's (a mining corp, can't remember the name off hand, cant find my book on him)? The fellow who personally spear headed the most massive decline in the financial wealth of the average citizen in BC since the great depression?
His father was a great man... but little Billy was a goof.
So why did you skip the Valderzalm years? The right wingers nearly had a golden age with him... true, he was living a castle and probably played finances a little on the loose side...true, he was probably a little on the sociopath side of the fence (morally speaking), I'm just wondering why you totally ignored that golden little piece of BC right wing history?
Ok, I looked up the elections of Manitoban governments. The last time the PC were in power it was during the Trudeau years of Liberal government, which was a period of economic stability. After the conservatives took over federally, the Canadian economy declined, and it is during that period that the NDP were governing and it is against that backdrop that Manitoban economic performance has to be measured. But, in spite of what you call mismanagement and in spite of the recession and economic downturn over that period in the country as a whole (which, btw, will hit provinces like Manitoba the hardest), the NDP still managed 4 successive re-elections.
Btw, Manitoba Hydro is a crown corporation, which means that it belongs to the government of the province. If it makes profits, those are returned to the owners or invested. Since the government is the owner, any profit generated that is not going to be used for capital investment (not really needed, since the government would provide cash for large capital investments anyway) is going to be returned to them. Most private corporations work that way, why shouldn't a crown corporation?
Unless you have some sort of windfall income, pretty much all governments would (and should) be running at a deficit in economic times like these.
The problem is, during economic good times, such as in the 90s, they should be paying down the debt with surplus. Instead, they choose to "balance the budget" through various mechanisms, and parties of all stripes do this. The issue in Manitoba is that the PC created an economic condition that was exceptionally vulnerable to the effects of recession, and that is what Manitoba is paying for now.
It is different at the federal level, because the Liberals created policy that was less sensitive to the effects of a downturn, so when the Conservatives came to power they had much more leeway when the recession came.
The PC can't fix Manitoba's problems, because the structural basis for those problems were largely created by PC policies in the first place.
I dunno, blaming brutal winters on any political party is a stretch.
I'm surprised so many other provinces haven't discovered the fiscal heroin that Manitoba can't get enough of: federal transfer payments. Somebody in government must have taken an intense seminar from the experts in Quebec on how to max this out. Ya gotta' love it. If your government screws up the economy and drives the budget deeper into deficit, the feds just send more money! And the worse economic management is, the more money Manitoba gets!
If we could just put glue-sniffing rhesus monkeys in charge of the place, the economy would boom.
