![]() Re: Persecuting A Minority, To Help Another, Dwight Newman, Aug. And what will this pathetic 0.02 C accomplish in the face of the Chinese indifference, especially in this growing global economic maelstrom? Gordon’s final words ring truest of all: “The atmosphere doesn’t care which sector generates greenhouse gases.” Or, how much. If these victims of the new inquisition were only inanimate objects, it would be bad enough, but each of them represents tens of thousands of real people being cast aside to satisfy the climate gods. On the other hand, the UN merits a rebuke for whining over this crook qualifying for mercy under some nebulous Universal Declaration of Human Rights, instead of putting its world-wide resources to good use in locating his real home. Hats off to the Canada Border Services Agency for its unflagging determination in hanging on to fraudster Michael Mvogo until his real country of origin was found. Re: ‘Man With No Name’ Ready For Deportation, Aug. Watching our plummeting dollar and disappearing stock market, it’s time the politicians stopped promising us stuff and explained how they plan to run this country somewhere other than into the ground. Sadly, Stephen Harper’s Conservatives do not understand counter-cyclical fiscal policy, and steadfastly cling to their vanishing hope a laissez-faire economy will miraculously balance itself. If decisions of the private and external sectors result in a stagnating economy, only one remaining sector can prevent a downward spiral: government, which must compensate by stimulus spending. When demand at home drops, domestic businesses are understandably reluctant to invest in new productive capacity, and will also back on their expenditures. Again, more money is leaving the economy to buy foreign goods than foreigners are buying here. Also, the price of oil has dropped and Canada has a larger trade deficit. This means less money circulates in the economy. The household sector is over-leveraged and must save more than it spends to reduce debt. The rationale for deficit spending is not rocket science. Rather than piling on more debt, as we are seeing in Ontario, this is time for serious belt tightening federally. The stock market crash shows how volatile world economies are. Now, Justin Trudeau, who feels budgets simply balance themselves, is promising $300 million to military veterans, without saying where these funds would come from. Ontario went from a have to have-not province, because of out of control spending - an $11-billion deficit and nearly $300-billion debt. Having the federal government follow the disastrous economic path trodden by the Ontario Liberals should frighten every Canadian. This advertisement has not loaded yet, but your article continues below. ![]()
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