Mike's Daily Comment

Taxpayers On The Hook for Shortfalls

 

The CD Howe Institute estimates that every family of 4 is on the hook for 31,000 in new taxes to pay for the shortfalls of public sector workers pensions. Public sector workers enjoy lavish benefits, but everyone else has to pay for them as well as their own retirement (if there is anything left over.)

….also from Michael: A Very Uncomfortable Question Prime Minister Trudeau is happy to pass along another $18.5 billion in debt for our children to pay.

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Guess Who Is The Carbon Cutting Emission Hero

 

Despite all of the criticism it recieves for polluting the planet,  it turns out the USA has cut their emissions the most in the world. They beat Europes progress by 50%. Michael on how they did it. 

….also from Michael: The Dominant Economic Trend Gets Another Big Boost

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The Dominant Economic Trend Gets Another Big Boost

 

A lawsuit just resolved in the US reinforced the declining confidence in Government trend that’s been moving Stock Prices, Real Estate, Currencies and Interest Rates. 

….also Michael’s Editorial: A Very Uncomfortable Question

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All Middle Class….All The Time!

Michael lets loose on one of his pet peeves, which adds up to the the assumption by our Government betters that we aren’t very bright. Here are a few examples that close the case.

…also from Michael: Unbalanced Budget and More Spending Coming

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Economic Stability & Upsetting The Masses

 

Canadians casual attitude towards Government borrowing and spending revealed in the fall update, especially when growth is over 3%. It begs the question, what will the reaction be if growth fails, we get a recession and Government borrows and spends even more>

….also from Mike: Small Business Work Ethic

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