Mike’s Saturday Editorial
Michael can’t think of a single special interest group leader, big Government advocate or politician whose stood up in in the last 10 years and said “the World has really changed, so I’ve changed my view on economics and finance.”
…also from Mike: It’s Never Been Easier or Cheaper To Substitute Technology For Jobs
We are starting to see some research on the impact of a hike in minimum wage on jobs that can be replaced by technology. The conclusions aren’t pretty but its not too likely minimum wage advocates are going to change their tune.
….also Michael’s Mid-Week Update: “NAFTA Fatally Flawed
The Americans come right out of the gate talking tough on NAFTA, not a good sign for what Canadians have come to understand is a critically important agreement for Canada. That said the numbers look better for Canada than for Mexico. Apple announces they are going to spend a Billion on streaming video, meaning the 76 Billion being spent on TV ads is going to get split even further as these transformative technologies continue coming down the pike.
…also from Michael: The Iron Clad Stupidity of a Soft Drink Tax
A 1 1/2 cent per ounce tax on soft drinks promising to fund pre-kindergarten programs with the proceeds led to some very predictable outcomes. First, sales of soft drinks plunged, the revenue projected from the tax is down, big layoffs in soft drink producers and deliverers occurred, beer consumption rose and less than half the money raised went to pre-kindergarten programs!
….also from Michael: Trudeau Government Makes Hollow Demands
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The Problem With The Relentless Middle Class Message
Posted by Michael Campbell
on Saturday, 19 August 2017 18:03
The Federal Liberals contant message that they are doing everything for the “middle class” clearly resonates with voters, and it also provides cover when Justin Trudeau got caught breaking his own rules regarding pay for access at a dinner for Chinese billionaires. The Liberals do lots of things that hurt the middle class. For example one of their main six goals for the renegotiation of NAFTA that includes preserving a system that transfers wealth from the lowest earning 40% of families to a privileged group of just 13,500!
…also Featured Guest Dr. James Thorne on: The Incoming “Financial Crime of the Century”