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blueblood

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Everything posted by blueblood

  1. Yet they account for 1/3 of the tax revenue and provide jobs, investments, product, and services which have done far more to improve the wealth and well being of our society than the government could possibly do. I'd say at contributing is it not? They pay less according to the tax code, but before raegan simplified the tax code, there were more loopholes than there are now.
  2. The policies at that time seemed to work well and north America became the richest area in the world. Why not do things that have worked in the past?
  3. Nobody is saying we pay zero taxes, the problem is with how much power, influence, and how much things govt should do is the problem; in essence how much tax is necessary.
  4. What about the top 1% you guys keep complaining about that runs those businesses?
  5. It was good times, the 1800s USA and Industrial revolution England are a testament to that, unless you would prefer everyone to be not working at all. Maybe if easterners would get off their high horse there wouldn't be a need for temp workers.
  6. And if the businesses weren't there, the police wouldn't have as good as financial resources, the workers wouldn't have jobs and are that much poorer. Interdependence works both ways and what the high tax people need to realize is the good life they enjoy is fostered by this interdependence. The businesses and management pay close to 1/3 of all tax revenue, yet make up 1% of the population! The "greed hogs contribute throuh a disproportionate amount of tax revenue and the goods and services they provide. Society is far better off because of those people providing their goods and services. For example I can get high speed Internet out in the middle of a field and watch YouTube. I pay the bill, and Rogers makes money. Rogers improved my life by making Internet accessible anywhere there is a cell phone tower. If Rogers paying lower taxes allows me to get improvement on my services from them are they not already contributing? If it wasn't for Rogers and apple, I wouldn't be able to get high speed Internet in rural Canada. Have those companies not contributed, yet you guys suggest they should pay even more? That's absurd! Same goes for the oil industry, they provide jobs and essentially put the Canadian economy on it's back throuh this recession, and they should be taxed more? The rich and businesses are already pulling their weight, how about the elephant in the room of the large population who don't pay income tax.
  7. Thank god! Because for a time we were right up with the Americans for personal debt. And the Canada bank act is hard on people who default.
  8. Except Obama didn't directly say that, in the video he is communicating that the management skills of the entrepreneur are meaningless because the govt and people built roads/ bought products etc. He is giving no credit to e person making the decisions on what product to sell, how to advertise it, how much to make, when to sell it, etc. That's the issue here and people take offense to that. A business is not like the field of dreams ( "if you build it they will come"). what obama's message says is that managements decisions don't matter and that the govt/people are responsible for the success/failure of a business. Customers are very important to success/failure, but so is management, something Obama refuses to give credit for and even criticizes (the rich have to pay their "fair share"
  9. Why not? "I want a giant ass house, I want 2 cars, I want a big tv, I want trips everywhere, etc. oh crap I only make 30,000 a year, oh wait I'll just borrow the money even though I can't afford to pay it back" When you have a large proportion of people in your country with that attitude all the way from the president to a simple janitor, and the other proportion of the people in the country not telling them to smarten up, what do you expect. Unfortunately the same thing is happening in Canada r.e. The housing bubble in Vancouver, Toronto et. Al.
  10. Timg's point is that dollars supplied by businesses are improving the USA whether through taxes they pay or investments they make. When you have Obama prancing around the stage and demanding that businesses pay "their fair share" that's a slap in the face of business/rich people of the USA who not only pay the highest percentage of the total amount of tax dollars. The top 1% paying around 33% of tax revenue? Not only that, they make products and services that people want and freely spend their money on which vastly improve their lives. I say that the business class is already paying their fair share and people should learn to realize that. The bigger problem in the USA is the high percentage of people who don't pay any income taxes. I don't know why Obama wants this war with the business class, Chavez is fighting this war and his country is poorer because of it as a result of the business class saying I'm taking my ball and leaving. That's what Obama doesn't get, if you play games with the business class, they'll take their business elsewhere, which one can argue is a good thing because we have countries that are far better off today than they were 30 yrs ago. What democrats are portraying is that businesses didn't get anywhere without the govt. Businesses succeeded throughout American history when govt influence was far far less. One could turn it around and say the USA govt didn't get to where it's at today without private industry's tax dollars. Take away private industry and the USA govt couldnt do the things it can now.
  11. It's not pimping it's really quite simple, either you work for x dollars or you don't work at all. The Chinese embraced that attitude and have enjoyed massive growth for almost 20 years. China is almost at the point where it's workers are making enough money to buy their own products because the competition to employ workers is intensifying. You can't have your cake and eat it too. Either Americans want cheap products or they can purchase more expensive products made in the USA. Guess who won that battle. Same goes for the boys at maple leaf management has to get workers to work for as little as possible because margins in the pork industry are extremely tight. The problem with the location in Brandon is that it has to compete with the oil industry in western Manitoba and Saskatchewan and those new potash mines popping up in eastern Saskatchewan. What's even more crazy is that we have all those people in eastern Canada who would rather protest and complain rather than move out west where the work is. I'm sorry, 15 bucks an hour and govt red tape still isn't low enough to attract industry from other competing areas. When the west was going through a tough time theynwould say you have to leave there and move to where the jobs are, well whats good for the goose... However what's working in north america's favor is that as Chinese wanges keep rising in china, it becomes more and more expensive to ship products from over there. This is where Mexico has been picking up the slack. It has been enjoying healthy growth for some time. The only way north America can get back to rapid growth is if there is some earth shattering innovation along the lines of the industrial revolution. As for blaming the whole recession thing on the financial elite, every single person in the USA from the politicians, financiers, and general public needs to look in the mirror if they want to blame somebody. Greed and entitlement from everyone caused this recession.
  12. So those migrant workers should make zero dollars staying in old country? Would you rather have the plant in Brandon shut down because labour costs are too high? Like it or not cheap labor is an important part of the economy, it's a big reason why the USA and eastern Canada is in the tank right now.
  13. Your saying we should spend outside of our means and refer to Sweden. I point out that Sweden did zero stimulus and stayed within it's means and you moved the goal posts by stating that Sweden did stimulus anyway when my article clearly states they did not and stayed in surplus. Sask has a balanced budget, slashed it's debt by 40 percent and has near 5 percent growth. Also if you notice on this site here My link that during the prosperity era of pre and post civil war in the USA, govt spending was at a minimum, yet that's when it overtook the UK as the big dog on the block. My point is that if you make things people want, govt spending isn't necessary. All govt spending does is run up the debt, stifle long term growth, and devalues the currency.
  14. How is it giving it away? The Americans invest in the oil sands to get the oil out and have the capacity to refine it. Why does there need to be a pipeline going across muskeg when a perfectly god one already exists that runs thru the USA to get to Ontario and Quebec? The energy company execs who are worth billions of dollars know how to get their oil exported far better than the either of us, that's why they're billionaires. Why would any company blow billions of dollars making new infrastructure in eastern Canada when they already have perfectly good infrastructure in Texas? The only place that needs a pipeline is out to bc and we have two private companies on that, no govt project necessary.
  15. He dragged martins feet to the fire on cuts. It was a unique time to get things done. Mulroney's free trade negotiations and consumption tax, Martin slashing budgets, and manning saying cut more. I'll look at klein and wall for eliminating deficits and balancing budgets while dropping taxes and at the same time allowing industry to prosper. SK when Douglas was around spun it's tires. Then theres rae days in Ontario. How did his running massive deficits do for Ontario?
  16. The gist of the article is that Sweden is staying wiin it's budget and squeezing it's welfare state. They elected a centre right govt. They are reducing taxes and have made private sector job creation priority one. We did not need the stimulus here in Canada, it was a complete waste and did nothing. Heck in Saskatchewan is the only balanced budget in the country and has slashed it's debt by 40 percent. Not only that it had near 5 percent GDP growth. It's all about making things people want at the right price. Heck there's even work for you out there.
  17. Yet in my article it says that social spending is being reduced, and Sweden did NO stimulus. If a spending spree is so popular why did a centre right govt get elected there and reduced social spending and provided zero stimulus?
  18. Ask Japan, they've had a bust for 20 years and are swimming in debt. Cutting spending doesn't put us in a storm, malinvestments and excess spending do. Lucky for Canada we produce what the world wants. If not for our ag, and energy sector we would be in trouble. The problem with GDP metric is that it counts govt spending. We could run a massive debt and have sky high GDP. Why don't we do that? The market is saying to the western world to pay your debt. Heck, Canada was in recession in the late 80s and the early 90s and how did we get out of that one when spending was slashed and a consumption tax was introduced?
  19. You forgot entitlements and spending in there. One has to spend more than one makes to go broke.
  20. Growth will be less than Canada's this year, because it's export economy will be hurt by the gong show that is Europe. oh and Sweden didn't turn on the spigot for growth like that. My link it helps when Sweden has a beneficial trade arrangement with the rest of Europe. It helps more that a centre right govt with fiscal responsibility as one of it's tenets runs things.
  21. It's still debt and it has to be repaid. Ask Greece and Argentina what happens when you don't take your debt seriously. Preston manning, Paul Martin, and Brian Mulroney knew the answer to this problem.
  22. Why should we be paying a tax on using coal?
  23. I have a geothermal setup that keeps her cold in e summer and hot in winter. I used to have an old sprayer without ac, only a fan. It wasn't too bad on a 90+ degree day with a 400 talon tank of water between the cab and the motor. Good thing the windows roll down on cars if the ac isn't equipped or broken!
  24. Oh Moses smell the roses. You don't run up debt just because you have a good credit. That's insane. That's like a farmer maxing out his credit card to buy machinery when crop prices are bad. That "stimulus" that was done did nothing but run up the debt, and that ship building thing was happening anyway. You talk about the govt spending bailing out the depression? It was the govt focusing on fighting a war that allowed all the malinvestment that took place originally to clear. By your logic, when the boys came home from the war, the economy should have been in the toilet because all the soldiers came home and nothing to do because it was depression before. We both know that didn't happen. You can look at the depression of 1920 and compare it to the 1930s and find one huge difference. One had massive govt spending and raged for almost a decade and the other had no govt spending and was over in a year. Both were depressions, both had massive unemployment and all that jazz,, both had similar starts, yet One was over shortly and one is famous throughout history. And not only that, the second world war was also a huge financial burden and not saviour as some would like to make out. Here's an idea, let's have the USA, Europe, china, and Russia all build ships and munitions with massive govt stimulus park them out in the middle of the ocean and have a remote control naval battle and let's see how much better off we are with that. Everyone's employed right? Japan tried following FDR/hoovers massive govt intervention spending spree. They haven't had respectable growth since the 80s. I don't want to see the USA like Japan, that's not good for anybody. Not only that, north America has to compete with emerging markets to produce things our consumers want. The problem is our consumers want goods at rock bottom prices, yet want a kings ransom to make theme. The consumer almost always wants the lowest price, hence outsourcing becomes an option. The world is going through a massive correction. North American workers are going to have to work for less or go unemployed until workers in emerging markets start consuming their own products. North Americans are going to have to realize we can't have our cake and eat it too. I also don't understand why the left gets so angry at the emerging markets taking "all the jobs"' they're willing to work at a competitive wage so we can have cheap goods, their living standards have risen greatly, but because 8% of us here are unemployed because nobody wants to take a pay cut and mire industry in red tape, it's all the emerging markets fault? Instead of berating them, why isn't north America looking to get rich off them like Australia and to some extent western Canada are? Running up the debt is foolish, that's what started this nonsense in the first place. Running up debt is a far nastier way to screw the little guy. By jacking up the money supply, that's making what the little guy has saved up worth less and less each time. The more money there is floating around the more if it there is to chase around products with, hence the prices go up. Far better to pay off the debt, let the bad investments get liquidated. What would be so wrong with a young person having his pick at all those cheap houses in the USA and not burdening himself with massive debt? Let the person/bank who made the overvalued purchase take their bath, and that young person is further ahead to spend/save money on other more appropriate ventures. Keynesians need to realize you can't have a permanent boom, it has to be cyclical in order for true price discovery/equilibrium to take place. By the govt essentially printing money, that equilibrium takes longer to reach.
  25. That's right, ctv the big kahuna of Canadian tv covers NFL games for shits and giggles. I wouldn't be saying football isn't in our culture in Saskatchewan, it's comparable to hockey out there. Hate to break it to you Canada is a country with only 35 million people. And hockey isn't as prestigious around the world as you want to believe. I'm pretty sure the grey cup being around for almost a hundred years means nothing either... Hockey is growing, but it's no football, NCAA basketball, or even baseball. The only league the NHL competes well against is the NBA.
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