The Debate is better than I thought
- Thread starter damngrumpy
- Start date
Thank you for this, Praxius, though I still wish I could have watched and listened to the entire French debate as there is much to learn by seeing the candidates, IMHO. The reason I couldn't understand much of what was said is that even with my aids, my hearing is poor at best and, I miss things in English too. :smile:
Who cares? I do PN or I wouldn't have spent over an hour trying to understand what was going on. The thing is that there are policies put forth by both the NDP and Libs that are worth listening to - I don't blindly believe that my party has all the answers. I was very glad that the Cannucks game was not broadcast in my area until after the debate was over but I got to watch part of the Capitols game, so that was plus. :canada:
I'm really not getting the money angle here. I must be missing something???
The worst deficit spending in Canadian history is a Conservative legacy, not one of the Liberals.
The Conservatives have been in power under Mulroney and Harper in the last three decades. In both cases they showed an alarming record of deficit spending.
When Brian Mulroney took office, the Canadian debt (adjusted for inflation) was about $250 billion. In ten years, the Conservatives almost tripled our debt to $630 billion.
It took the Liberal government another 12 years to pay down that debt to $500 billion.
After a brief respite, the Harper Conservatives are back into deficit spending, with our debt on the rise again.
Conservatives have dismal record on finances | NJN Network
The worst deficit spending in Canadian history is a Conservative legacy, not one of the Liberals.
The Conservatives have been in power under Mulroney and Harper in the last three decades. In both cases they showed an alarming record of deficit spending.
When Brian Mulroney took office, the Canadian debt (adjusted for inflation) was about $250 billion. In ten years, the Conservatives almost tripled our debt to $630 billion.
It took the Liberal government another 12 years to pay down that debt to $500 billion.
After a brief respite, the Harper Conservatives are back into deficit spending, with our debt on the rise again.
Conservatives have dismal record on finances | NJN Network
I was talking with a friend of mine about the election and the platforms of the parties and the issue of corporate tax cuts came up. He has a limited corporation and works in mineral exploration. As he pointed out to me, when the NDP and Libs attack corporate tax cuts, they fail to mention that there are thousands of small businesses that are - corporations - simply because without being so they would not be able to take advantage of the tax breaks and thereby continue to be viable businesses. A five percent increase in corporate tax rates would not only target BIG corps, they would also hurt the smaller ones.
We? We are going to create jobs? How are 'we' going to do that. Business, both small and large, are the only ones who generate employment and if 'we' don't give them the opportunity then we don't get the jobs.
I see - in spite of an ongoing world wide recession - the debt Canada bears is all Harper's fault. Yet when he acknowledges the debt and the necessity of balancing the books, you attack him for doing so. The Libs are also making promises of things to come.
And you don't think the Libs will do exactly the same thing - look at their history.
You may take Lib and Tory promises at face value, DG - I sure don't. I don't believe that everything they say will happen once they are in power, whomsoever 'they' may be - I been on this earth far too long to be so darn naive.
Yes we should.
I have no problem with the NDP having an influence on policy making for many of the reasons you stated, DG. However, this election will not see a turning point in our political history - unfortuantely or not. Were that the case we would have already seen the upheavel happening. Not that your idea is a bad one - just one whose time has yet to come.
The BIG money comes from the BIG corps. That's 5% from billion-dollar profiteers my friend.
Also, the NDP just announced tax cuts and hiring benefits for small businesses.
So there goes that argument.
I see, so the small LITTLE corps don't count. And why institue new laws for small businesses when many already benefit from or harmed by changes to corporate taxes????
You said: "A five percent increase in corporate tax rates would not only target BIG corps, they would also hurt the smaller ones."
I said: "That's not true because of <see post above>."
As an added bonus, I can guarantee if you added up all tax revenue we would save from taxing bigger corporations, it would greatly outweigh any loss from favouring the small corporations. It would mimic the personal tax system which favours those with less income over those with more. That would not only save money on the deficit/debt, but it would also help with the batsh!t insane distribution of wealth that the big corporations created in the first place.