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Mike's Daily Comment

The Impotence of Talk & Symbolism in Inspiring Economic Growth

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on Friday, 24 March 2017 07:32

One area where talk has absolutely no effect, or symbolic gestures mean absolutely nothing is in the area finance. Raising taxes and expanding the bureaucracy will alway hamper healthy economic growth. Where in Canada are we hampering or encouraging economic growth?

...also from Michael: The Bottom Line on the Federal Budget

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Mike's Daily Comment

The Bottom Line on the Federal Budget

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on Thursday, 23 March 2017 08:32

There was good news in that there was no new tax increases. No tax cuts either. For an effort to spur growth the Federal Budget won't go down in history as courageous. There will be a Deficit increase as illustrated on the chart.

...also from Michael: Coming to a Country Near You: Opposition To Trade

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Mike's Daily Comment

Global Economics - Debt - Wishful Thinking & Today's Budget

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on Wednesday, 22 March 2017 07:55

Another government in Canadian history is poised to declare that the Canadian Government can afford to borrow a lot more money. Its fine because Global Economic Health is stable or growing. The question, what happens when the Global Economic Health descriptor moves through stable to plunging?

...related, Michael with facts another budget topic: Infrastructure Spending Will Save Our Economy!

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Mike's Daily Comment

The Oil Company Divestment Strategy Fails Dramatically

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on Tuesday, 21 March 2017 07:47

The teachers and students who argue strenuously for pension fund divestment of companies involved in Oil & Gas production, particularly in the Oil Sands, have not made a single small dent with their protests. Michael lists why they haven't.

...also Michael's Weekend Editorial: The Financial Pressure is Building to the Exploding Point

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Mike's Daily Comment

An Astounding Comeuppance For Your Moral & Intellectual Superiors

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on Monday, 20 March 2017 07:42

Greenpeace admits in court that the facts it used in a campaign to destroy a business and workers livelihoods were not scientifically accurate. Nothing more than their own BS. It will be interesting to see if their donations decline now that they've admitted to misleading the public

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...also from Michael, a little about the Greenpeace Warrior Class: 20 Year Olds Need More Tenderness & Coddling

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Mike's Daily Comment

Coming to a Country Near You: Opposition To Trade

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on Friday, 17 March 2017 08:16

Despite average income growing by 24% and poverty declining significantly during the last period of free trade, the opposition to Free Trade will be loud and determined. Likely lead by those who say they are speaking for the poor.

...also from Michael: The Fed Hikes Rates & What's Coming Next

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Mike's Daily Comment

Dangerous Thinking

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on Thursday, 16 March 2017 09:11

The failure of our leaders to think through the effects of increasing debt and unfunded liabilities, the consequences on social stability of open ended refugee immigration, or what the implications that raising certain taxes will have on other revenue existing streams is threatening the entire global financial system.

..also Michael's Mid-Week Comment: The Fed Hikes Rates & What's Coming Next

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