Joined: Mar 2005
Posts: 6888
Dions new economic thinking
1/12/2007 at 11:16 PM
I wonder if he really meant to say this the other day-I quote " The GST cut is 5.5 billion out of the economy every year and it will not transform the economy and it is not a good social policy" Now I do know that the GST cut is not the best way to cut taxes,but it was a good political move. I also think that Dion could have said that he would not follow thru with that tax cut and would use it for one plan or another-maybe a tax directed at some popular inniative. What made me shake my head is those few words in the middle 5.5 billion out of the economy! I wonder if he thinks all 5.5 billion every year will be hidden under beds and in sock drawers never to see the light of day? Maybe he feels that like the Billions that will be sent out of our country to buy carbon Emmission Credits every year that since it was never for him and his like to spend it really is not a factor in his economic thinking. That 5.5 billion not collected does churn thru our economy and creates and maintains Canadian jobs. Those Billions heading to Russia and Germany to buy polluting rights would be best kept here but who am I too argue??