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Mike’s Saturday Editorial

Same Old Story - $2.2 Billion Tax Dollars Gone


on Saturday, 04 August 2018 10:47

Too many people yawn and roll their eyes when they hear that the Phoenix Pay System debacle will cost taxpayers $2.2 billion tax dollars.  If you're one of them I invite you to consider that money is enough to provide new housing for every homeless person in Western Canada or reduce waiting times for surgery for thousands of people.

 

Screenshot 2018-08-04 10.53.31



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Mike's Daily Comment

The BS Pedalled About The Federal Debt


on Friday, 03 August 2018 07:23

Some well known economists say we can afford the federal debt.  That’s true – it will be about 1% of GDP but it's BS to suggest that "we" can afford it when it will be  our children and their children who'll be paying. And it's not just the federal debt - they'll also be paying for our provincial debt and unfunded public sector pension liabilities. 

 

Screenshot 2018-08-03 08.36.40



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Mike's Daily Comment

Legalizing Marijuana Without Ride Sharing is a Big Mistake


on Thursday, 02 August 2018 06:29

Does anyone really believe that the incidence of impaired driving won’t go up with the legalization of marijuana?  The probability that riding sharing could help mitigate the fall-out is high. Which is why groups like Mother Against Drunk Driving strongly endorse ride sharing - but the BC government stands in the way. 

 

dims



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Mike's Daily Comment

Why Do We Put Up With It


on Wednesday, 01 August 2018 06:50

Politicians don't want to take on the Public Sector Unions or a bureacracy that fights any effort to increase accounability. So we have a system of Government that doesn't set goals, won't measure performance or assign responsibility. A system that history has shown is guaranteed to waste money. 

 

phoenix-could-cost-22-billion-senate



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Mike's Daily Comment

This Is Going To Cost You Big Time


on Tuesday, 31 July 2018 06:37

 

The BC government has taken a page straight out of Donald Trump's protectionist playbook by decreeing that only unionized workers can work on infrastructure projects thereby raising the cost to taxpayers by hundreds of millions. But that's not all - wait til you hear the over the top perks. 

Screenshot 2018-07-31 06.58.09

 

 

 

 



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Hot Properties

Government Remains the Enemy of Affordable Housing


on Monday, 30 July 2018 06:23

Canadian Governments at all three levels have gone after the real estate markets with a variety of taxes fees and levies. The new stress test is one of the sharpest instruments they've brought in and results just in are not pretty!

stresstest18



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Mike's Daily Comment

The Elephant in the Room - Economics Trumps Politics Everytime


on Monday, 30 July 2018 05:56

Failing to understand that is at the root of a massive number of calamities from the collapse of the Soviet Union - to the desimation of currencies - to the upcoming collapse of Canadian healthcare (unless profound changes are not forthcoming.) 
 
Econ-Cartoon2


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