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| Trudeau, Taxes and Economy | |
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| Topic Started: Jan 22 2016, 08:49 AM (537 Views) | |
| friendshipgal | Jan 22 2016, 08:49 AM Post #1 |
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Guess everyone wants their own Trudashians
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Economy is not Trudeau's forte... The federal budget watchdog says the Liberals’ tax-bracket changes will drain on average about $100 million more per year from the public treasury than the government expects. Some truths about Trudeau’s performance in Davos http://www.newstalk770.com/2016/01/20/trudeau/ Our Prime Minister Justin Trudeau just delivered a speech to the World Economic Forum. After watching Leonardo DiCaprio’s speech slamming the “corporate greed” of those tremendous employers in the energy sector, I didn’t think I could possibly feel more nauseated. I thought wrong. …. The Prime Minister seems to have mistaken the World Economic Forum for a place where one goes to learn basic concepts in economics. Most Canadians can appreciate the fact that he’s not going to abandon his perch as the “touchy-feely” sunny ways leader, but the least he could do is not be blissfully unaware of certain things that are really important to the people who make this world a better place with their giant corporations and their world-improving product. High on the list among those things is something called RETURN ON CAPITAL. No credible investor in the Silicon Valley of Canada would put their cash into a company thinking first about the diversity of the organization. Posted Image Edited by friendshipgal, Jan 22 2016, 08:52 AM.
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| friendshipgal | Jan 24 2016, 06:18 AM Post #16 |
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Guess everyone wants their own Trudashians
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I did like that he told DiCaprio to cool it. Wonder how big DiCaprio's carbon footprint is when he jets around on his private plane or fills up that tank on his huge yacht. It wasn't ALL about taking selfies though, he did encourage investment and possibly billions in infrastructure spending but didn't say how he would pay for it. We know now from the budget watchdog that Liberal tax changes will drain more than $100 miliion per year from the coffers so I wonder how much of a deficit there will be really? Will spending billions on infrastructure boost the economy? It was the Liberals who insisted that the conservatives spend more more to boost the economy a few years ago then whined about a deficit. |
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| campy | Jan 24 2016, 06:21 AM Post #17 |
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Handyman Extraordinaire
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You are serious? |
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| Bitsy | Jan 24 2016, 06:28 AM Post #18 |
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Veteran Member
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Why would I not be? |
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| campy | Jan 24 2016, 06:36 AM Post #19 |
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Handyman Extraordinaire
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Because two months is plenty of time to produce results. For instance. From the Throne Speech.
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| friendshipgal | Jan 24 2016, 06:49 AM Post #20 |
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Guess everyone wants their own Trudashians
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Two months is not a long time for someone to reach a decision, in fact, the lack of thinking and quick decisions are a problem economically. He announced those tax cuts without doing the math so will somehow have to come up with more money. You know, more 'revenue tools' Is it really a good idea to just jump up and announce a couple of billion in bailout money without thinking about it first, or throwing away billions to other countries (in the first month.) Not to mention the billions for the refugees, all of which means Canadians have to wait in line and are currently at the end of it. BTW, some cities are now asking for a pause to the refugees as they cannot house them properly, another poorly thought out, jump in feet first without thinking, plan. Not to mention health problems as Denmark announces unvaccinated refugees have brought diphtheria into the country after a 20-year absence. |
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| Bitsy | Jan 24 2016, 06:55 AM Post #21 |
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Veteran Member
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Great that Trudeau reinstated health care for refugees. Under Harper's plan, Canada could be suffering the same fate. |
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| campy | Jan 24 2016, 10:29 AM Post #22 |
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Handyman Extraordinaire
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Bitsy. That is nonsense. The refugees under Harper were screened thoroughly for health problems. They weren't rushed to Canada like it was a priority. Get with the program. Reinstated health care my foot. |
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| Bitsy | Jan 24 2016, 10:42 AM Post #23 |
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Veteran Member
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Are you denying this, Campy?
https://forcechange.com/25718/dont-cut-health-care-for-refugees-in-canada/ |
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| friendshipgal | Jan 24 2016, 10:53 AM Post #24 |
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Guess everyone wants their own Trudashians
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The current crop of Syrian refugees were allready screened and ready under the previous gov't, they were allready in the pipeline. The Liberals are fast tracking them now, they are given special treatment, immediate OHIP and so on, not even a 3 month wait. Others may not be as well screened so health issues could end up costing the system a lot, a system allready under a lot of strain. Some cities have asked for a pause on the incoming because they can't find housing for such large families... |
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| Dialtone | Jan 24 2016, 11:16 AM Post #25 |
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Gold Star Member
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The leader of the government didn't realize that it was impossible to bring in 25,000 before Jan 1 2016 . The government didn't realize that they would have so many children. Some are complaining that the accommodations aren't good enough for their huge families, and want bigger houses. I suspect in Toronto and Vancouver this might be even more expensive than originally planned. Only about 1/2 of the refugees have arrived, and we are running out of room already. IMO Credible planning seems to be a weak point with this government. Only 3 months in power you say? More children than expected are among many of the challenges facing the 36 cities currently accepting government-assisted Syrian refugees as efforts continue to settle 25,000 people in total by the end of February. “We have a lot of families who are eight, seven (people) and our housing stock as a community is not strong on those sizes,” said Carl Nicholson, executive director, Catholic Centre for Immigrants, which handles the settlement of government-assisted refugees in the national capital. In Ottawa, Vancouver and Toronto, temporary accommodation is at or near capacity, prompting those cities to ask that the flow of cases be stopped or slowed until they can open up beds for more arrivals, immigration officials said Thursday. http://www.thestar.com/news/canada/2016/01/21/more-kids-than-expected-add-to-challenge-of-housing-refugees.html More info . http://www.theglobeandmail.com/news/politics/toronto-joins-vancouver-ottawa-in-asking-for-break-in-receiving-refugees/article28281275/ |
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| campy | Jan 24 2016, 11:40 AM Post #26 |
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Handyman Extraordinaire
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No. I am denying your claim.
That is nonsenical conjecture without any merit whatsoever. |
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| Bitsy | Jan 24 2016, 12:13 PM Post #27 |
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Veteran Member
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I said "could" so saying that is nonsensical conjecture is what is without merit, rofl. Guess you have never head the old adage, never say never. You should have learned that in the NYC weather thread where you declared the show must go on. Edited by Bitsy, Jan 24 2016, 12:15 PM.
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| Trotsky | Jan 25 2016, 04:14 AM Post #28 |
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Big City Boy
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If a country is in a state of debt, the words "tax cut" by any politician of any party should be regarded as TREASON. |
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| campy | Jan 25 2016, 10:14 AM Post #29 |
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Handyman Extraordinaire
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The show must go on is a common phrase. Doesn't necessarily mean it's 100% certain. The mail must go through as well. But for you to say that a certain event in health would have happened is not only nonsensical, it's ridiculous and a cheap shot as well. |
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| campy | Jan 25 2016, 10:16 AM Post #30 |
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Handyman Extraordinaire
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From the speech to the Throne.Canada. 'The Government will, as an immediate priority, deliver a tax cut for the middle class. |
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