Conference kaosws::canada

    Ok so let's see you want to have both a balanced budget and tax cuts. 
    Talk about smoke and mirrors.  Yes we are still running a deficit.  Yes
    we are still adding to the accumulated debt.  Good news is we are doing
    it at slower rate and moving toward a balanced budget.  You and I may
    both agree that the pace at which we are going there is too slow
    (perhaps if Mulroney and company had started this process in 1984 we
    would have already been there ... but I digress).
    
    What worries me is all the calls to either increase spending or reduce
    taxes since the actual deficit is lower than the projected deficit. 
    Yikes, a deficit is still a deficit and there still is that issue of
    the accumulated debt that future generations will continue to bear.
    
    Regarding the pace of deficit reduction.  We'd all like the annual
    deficit to be changed to a surplus, so we can start to pay off the
    accumulated debt, but you can't just yank $30+ billion worth of
    government spending out of the economy and have no negative effects,
    especially in times of high unemployment.  So a phased process, while
    still painful allows for adjustments.
    
    If you're going to point to the Ontario Harris government as an example
    than please note that the Ontario government is also still running an
    annual deficit.  Alberta... yes well if we had a booming oil economy
    and little debt.

    .......yawn

    Wilson!
    
    I thought you left? ???? 
    
    Re: -1
    
    In essence the liberals have given us a tax increase. Since 1992 the
    present tax tables have not change with the inflation rate. So while
    the average salary has gone up, the government is taking in more tax 
    money. Also, I am not asking for a balance budget right now but steps 
    to it like the Harris government is trying to do. The Liberals could 
    have really hit the defecit in this budget due to the low interest rates,
    by cutting some programs, and defenitely curtailing spending. As for a 
    moderate broad based tax decrease, it could also be phased in. The 
    studies have proven that high unemployment is linked to high taxes, so 
    reduce the taxes and get people to work so they can in turn can start 
    paying taxes. The child poverty tax credit is a smoke screen introduced 
    to just receive votes from soft hearted liberals and the unemployed.
    This money could better used by giving small business people tax breaks
    and let them start hiring people. When people have money in their
    pockets, they will spend it.
    
    Sean 

    ....burb!

    Wilson,
    
    	your comments are much more intelligent since you took your
    sabitical. Keep up the good progress! :-)
        f
    Neas

    ...grunt

    the budget is a very nice thing to discuss. i am enjoying what has been
    written thus far. please continue, the pleasure is immense. it's too
    bad that i don't know a thing about budgets, you people here have the
    responsibility for teaching me everything i need to know about budgets.
    
    thanking you in advance
    
    regards,
    
    Mr. C.

    
    	Like the drug addict, Wilson relapses, the notes file is a terrible
    drug, lets make it illegal. I told you that you need professional help...
    
    Budgets - Take your tax money, and spend it on a lot of stupid things.
    	      A third going to interest on the debt, a third going to
    	      needed programs, and the remainder going to interest groups
    	      (the vote buyers). Plus the government doesn't know how to
    	      count so it spends more than it has. That's about it. Lesson
    	      over. 
    
    I know this is boring stuff, but really there is not much chatter
    in here. We could talk about the old guy in China kicking off, but
    that is for the China Notes File. Wait lets talk about the radical
    weather changes we have been receiving over the last few days. Boy o'
    Boy, it sure has made some nasty potholes. Yawn, I'm sleepy. Goodnight.
    
    Sean

    your reference to smoke evades my understanding, please explain. you
    shouldn't tell people they are like drug addicts, it is not very nice.
    your budget lesson was very helpful, thanks for the time! i was only
    joking, this topic is not boring, in fact it is the most exciting thing
    in the whole wide warm and fuzzy world.
    
    Mr. C

    Okay, your not like a drug addict... more of a complusion disorder...
    
    Sean
    
    

    if you like to label things, sure, i have a compulsive disorder, it's
    called life, i happen to like it.

    Good work! The first step to recovery is admitting that you have a
    problem..
    
    Sean

    thanks!! don't tell me, the next step is to pay some bonehead
    university educated Doctah, or Councilah, to tell me more of what i
    already know.
    
    Mr. C.

    Now your experiencing denial and paranoia. The more you deny, the more 
    you need the boneheads to help you... Your regression is disturbing me, 
    I think you need a hug.
    
    Stuart Smalley
    

    i got a hug + on the weekend, it's my undying love for this place that
    brings out my best.

    You are truly a company man... Do you have DEC tatooed on your butt?
                            
    Sean