Mike's Daily Comment
Mike still waiting for someone in Ottawa to take the massive debt build up seriously. Kent Chauvin has written a book about his 48 years as a stockbroker. He’ll share the big lessons he’s learned that can make us and save us money. Plus an all star shocking stat and goofy award.
Same people who didn’t predict the 2008 credit crisis, the collapse of the overnight lending markets in Sept, 2019 and the financial fall-out from the pandemic are pretending that’s the last of the disruptions.
Increasing taxes shouldn’t even be a consideration but politicians can’t help themselves and it makes recovery that much harder.
If not, then the choice we’ll be given is between increasing revenues through higher taxes or increased revenues through economic growth.
Just Say the Spending is About the Pandemic Hides All Sins
Posted by Michael Campbell
on Monday, 7 December 2020 8:44
Canada’s federal debt this year alone will double but few seem to care how the money’s spent- or wasted – as long as the government says it’s about the pandemic.