I find it laughable that anyone thinks the coalition financial stimulus is going to work. The stimulus packages isnt working in the states.
Bailing out the auto industry (which is partly what the coalition is gonna do), cmon, we live in a capitalist society. Is the government gonna bail me out when I f*ck up my business. The auto industry has not listened to it's consumers for YEARS and it's reaping what it sowed. Let them go bankrupt PLEASE. That way Toyota and the foreigns can buy up their factories and I can get a much more fuel efficient BMW made in Canada at a lower price.
What to know how to add stimulus to the country?? Go buy a freezer, get a cheque from the government. Buy a car, get a cheque from the government. Go to Canadian Tire and get a tune up, get a cheque from the government. Put the money in the hands of the people who really stimulate the economy. We always talk about recession in terms of consumer confidence. Don't give the money to the companies, they jsut f*ck it up anyways. Look at Canadian Airlines, Pacific Western Airlines ETC ETC. The banks still aren't extending credit, to individuals or corporations alike, like they said they would if they got "stimulated". What makes you this the auto industry is gonna do anything different.
Look at WestJet. They set the bar for the airline industry and they have THRIVED! They give the consumer what they want. Air Canada follows suit, and they have been doing a lot better than they were pre-westjet.
sorry i was ranting a bit but I believe in what i'm saying