This article from Australia is vastly at odds with statements being made by the Canadian government. How much water can Trudeau carry for China before Canada drowns?
P.S. I love that I had to google search the meaning of a word in an “English” language paper http://ift.tt/2AwhlYZ
Since the Wynne Liberals brought in the 33% hike in the minimum wage I have been thinking about how regulations can act as a form of wealth redistribution from the poor to the rich. It’s nice to stumble on an article that really articulates the problem, even if I don’t support all their proposed solutions. http://ift.tt/2AgsWdO
The economic denialism on the part of this government is staggering. Nearly every sentence that ends with the words “the official said.” contains a misleading claim about how passive investments work. Basically the official is claiming that this money is not being put to productive use, that is just “sitting” in the investment accounts, but this “cash” is somehow still magically generating returns this government claims it wants to tax. What is so maddening about this issue is that not only does this government run deficits, borrowing from future generations, but if they push this change through, they will be in effect stealing future tax revenue when the passive investments are eventually converted to personal income. ARGH! http://ift.tt/2ihkNlp