So The Solution is To Tax Us More Through Green Shift?

I love the last line... Doom and Gloom Goodale.



THE HONOURABLE RALPH GOODALE, M.P. (WASCANA)
310 University Park Drive, Regina, Sk., S4V 0Y8
Telephone: (306) 585-2202
Facsimile: (306) 585-2280
E-mail: Goodale@sasktel.net



August 11th, 2008

For Immediate Release


WEEKLY COMMENTARY

By Ralph Goodale, M.P.


CANADA’S ECONOMIC TROUBLE DEEPENING

The western Canadian economy is booming right now, thanks to world-wide inflation in prices for basic commodities like oil.

That good fortune is not the result of any government policy. It’s simply our long-awaited turn to cash-in on rising global markets.

But be cautious. The commodities boom – as enjoyable as it is, while it lasts – is masking fundamental weaknesses that Stephen Harper’s Conservatives continue to ignore, or even make worse.

Mr. Harper has recklessly increased federal spending by more than $40 billion, to try to buy voters with their own money. Prudence has been thrown to the wind.

He has also eroded the tax-base – pushing Canada to the brink of a deficit once again, while failing to provide meaningful reductions in personal income taxes.

Independent monitoring agencies, like the Conference Board of Canada, are reporting a sub-standard performance by this country in such fields as productivity growth, innovation, literacy skills and environmental integrity.

In four of the last six months, despite western resource wealth, the economy not only stalled overall, it actually shrank. Sectors like manufacturing, forestry and tourism are in particular trouble.

The Bank of Canada and all major private sector forecasters are now predicting a pathetic annual growth rate of barely one percent.

In July, 55,000 Canadian jobs were lost. The last time we saw that sort of setback was in the early 1990’s under Brian Mulroney.

Remember, the Harper Conservatives are the people who failed to tell the truth about Income Trusts or Equalization.

They are the ones who raised Personal Income Tax Rates, while claiming to cut them. They are the ones who proposed investment policies that encouraged foreign takeovers of Canadian enterprises.

Incompetence and dishonesty are their hallmarks.

That’s why Tory times are always, ultimately, tough times. And it’s happening again!



Ah, yes I remember how good SK was under Chretien and Martin.