Dippers can always bring about change - take a look right here --> http://www.cbc.ca/news/canada/british-columbia/ndp-mla-jenny-kwan-repaying-35k-for-europe-disney-trips-1.2581899
I don't believe in No Down Payment style governments, and I think Maggie said it best, the issue with socialism is you end up running out of other peoples money rather quickly.
I did notice however, that all the parties claim to be able to 'fix' the economy and get it back on track but not one of them has put any meat into that statement. There is no step by step agenda, policy or view that would do anything other than stimulus for the economy and drive us even deeper into debt.
I don't believe in No Down Payment style governments, and I think Maggie said it best, the issue with socialism is you end up running out of other peoples money rather quickly.
I did notice however, that all the parties claim to be able to 'fix' the economy and get it back on track but not one of them has put any meat into that statement. There is no step by step agenda, policy or view that would do anything other than stimulus for the economy and drive us even deeper into debt.
not sure why that double posted....
Tom Mulcair defends praise for Margaret Thatcher's 'winds of liberty and liberalism'
http://www.cbc.ca/news/politics/tom-mul ... -1.3196265
And sometimes, stimulus is just what you need, unless you want to deepen and prolong the downturn. The time for austerity is during the boom times. That's the part of Keynes that nobody gets.
sometimes, under very specific conditions I would agree in stimulus spending, but how is QE working out in the US? I would argue those specific conditions are not in place.
Seems opinion on that varies. Personally I'm not thinking of QE, but the govt funding actual projects and programs. Many people have pointed out that we're at an all time low for borrowing money, and certainly have an infrastructure problem. The time to build infrastructure is when private industry is idle, so you're not competing for labor and materials and driving prices up. Ie build during down times, not during up times.
But the number one stimulus, both in return to govt and in immediate effect is to up the EI payments. So many people apparently now down't qualify even tho they pay into it, and the rates are low. During down times, relax the regs so more people qualify and increase the payouts. That puts money into the economy very quickly, it helps the people who need it most, and the taps can be turned off very quickly if things pick up again.
I would never qualify for EI and even if I did, when I found employment my income would be too high and would then have to pay most of it back. So for me, it's a completely worthless program. I understand that people need and use it, I am not saying I don't think we should have it but I take an exception to seasonal workers that make 'reasonable' money (and by that I mean 'the average household income range' then get to claim it for 6 months.
you won't get an argument from me on the state of our collective infrastructure, it is old and getting older..we will have to face this problem one day.
That's the point - EI is for those who need it, who have very low incomes. Give them money and they put it right back in the economy. When the economy picks up, cut back on EI to make people take the jobs that are opening up.
As for earning too much - you can claw back any EI payments from people who earned over a certain amount in that year, not a problem at all.
I don't see how that isn't currently the situation...
What I'm hearing is that fewer and fewer people who pay into EI actually qualify to get EI. Probably a lot of them have very brief periods of employment. Also, EI payments have been reduced. Ramp this up to stimulate the economy, the effect will be immediate. Then, as I say, ramp it down when the economy picks up, specifically if unemployment drops below a certain target level.