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-- Poll: Budget 2009...!
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Poll: Budget 2009...!
So now that the budget is out.
Simply put..do you support it?
shes a man!
I dunno.
I've spent the last few weeks at work studying various government responses to this recession and ones prior, and while I'm not convinced the spending itself is what pulls economies out of the gutter, the consequences of NOT spending are largely the result of how that refusal to spend affects consumer confidence. Fear of a recession breeds a recession, and for this reason, there was really no choice in the US that they had to do something big.
It's difficult to tell how much of the infrastructure component will actually be incremental to the existing infrastructure programs and how much will be just accelerated access to funding that was already promised, just held up in red tape.
I'm kind of meh about it. Maybe if I had any RRSPs left to buy something with, I'd give a shit about the extra 5K on the first time home buyers plan, but alas...
i wish the renovations credit was retroactive...i did my bsmt last year!
bad timing i guess! If i still have my job by summer's end....might work on the kitchen and take advantage of it....right now its all about paying off debt!
| quote: |
| Originally posted by Skipper I dunno. I've spent the last few weeks at work studying various government responses to this recession and ones prior, and while I'm not convinced the spending itself is what pulls economies out of the gutter, the consequences of NOT spending are largely the result of how that refusal to spend affects consumer confidence. Fear of a recession breeds a recession, and for this reason, there was really no choice in the US that they had to do something big. It's difficult to tell how much of the infrastructure component will actually be incremental to the existing infrastructure programs and how much will be just accelerated access to funding that was already promised, just held up in red tape. I'm kind of meh about it. Maybe if I had any RRSPs left to buy something with, I'd give a shit about the extra 5K on the first time home buyers plan, but alas... |
I'm a bit weary of the Liberals supporting this. The budget itself seems pretty cookie cutter, which seems to be what critics are harping on about. To give the Conservatives a bit of credit the budget was going to be flogged no matter which way they went in terms of spending. I personally don't want another election or that silly idea the Liberals were tossing about in Dec. I think Harper has aptly played it out so that the budget will pass. The deficit smells pretty ripe, but I have no opinion or idea otherwise. It stinks but I guess we're going to have to live with it?
Well yeah, the twist in the whole mess is that even though the budget will probably get opposed no matter what,if the conservatives did nothing they would REALLY be digging their own grave.
If we go to another election now I think Harper has a good chance at a majority. It's not the right time to be voting again and another election forced on us by the Liberal/NDP coalition will piss a lot of people off, enough to maybe tip the scales towards Harper.
big big meh...
-the tax cuts are so ridiculous, that they would've done without.
-mass transit are so minimal that really it's just a big joke.
-the federal is really spending 18 billion this year, i'm sure a good chunk of it was supposed to be spent anyways, not lot of new monies there.
blah... harper is finished.
| quote: |
| Originally posted by malek big big meh... -the tax cuts are so ridiculous, that they would've done without. |
nothing about the budget jumps out at me as truly benefiting me...unless I decide to renovate my Kitchen this year. Its a safe Budget that will most likely pass...I don't think the Liberals truly want a coalition or another election.
Ignatieff puts Harper Tories �on probation'
OTTAWA � Liberal Leader Michael Ignatieff will move an amendment to the budget that would require the Conservatives to release regular status reports on the economy.
The amendment will force the government to provide reports updating its progress on implementing the stimulus in March, June and December. Mr. Ignatieff said each report will provide the Liberals with an opportunity to withdraw its support of the government if the progress is deemed unacceptable.
�We will be watching like hawks,� Mr. Ignatieff told reporters, describing the amendment as effectively putting the Conservative government �on probation.�
�Canadians don't want another election, and they're tired of political games. They have waited too long for action on the economy for us to fail them now because of partisan interest,� he said.
Mr. Ignatieff said his party is concerned the budget fails to improve Employment Insurance, backtracks on equalization pledges made to the provinces two years ago, does little to position Canada for the �green economy� and does not have an adequate plan to return the government's numbers to surplus.
Nonetheless, Mr. Ignatieff said the budget contains enough positive stimulus measures to avoid a federal election. Mr. Ignatieff said the Conservatives only changed course because of the threat of being defeated by an opposition coalition.
�These measures are only in the budget because the opposition parties did their job,� he said. �This is a budget that means the needs of today. We'll see if it meets the needs of tomorrow.� ...
http://www.theglobeandmail.com/serv...y/politics/home
i would have thought Iggy's desire to be the first major political leader to meet with Obama after taking office would be enuff incentive to vote down the budget lol ..
can someone provide me with a coles' notes-esque version of the proposed budget? I can't be arsed to fathom the Globe's section...
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| Originally posted by English Rachel can someone provide me with a coles' notes-esque version of the proposed budget? I can't be arsed to fathom the Globe's section... |
The budget is 350 pages long...the globe IS the coles notes!
If i ran a business, like these fools are running governments, I'd be fired.
It seems all the countries are taking the same approach, and following one another. 'Hey look, they are going into massive debt, in order to prop up an economy, if we don't do it, we will fall behind!'. WTF?
If Canada did not start this mess, with the same bad habits, why would be following those countries by borrowing to finance those bad habits? We do not have the same problems, so why are we offering the same solution?
Yes, we will suffer due to lower demand for our goods, services, and commodities. But, because that is a real problem, with a very real solution (which does not include deficit spending), we should let it sort itself out. Other countries will eventually rebound, and we will be fine. I think for 'natural' problems, we need a more natural solution of waiting it out.
Our budget and planning is being driven by emotion, rather than logic. It is idiotic articles, and thinking like this (following article) that lead to so many 'bailouts'.
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| Laid-off GM worker still waiting for help John MacDonald, 29, worked for General Motors in Oshawa for 11 years before being laid off in December. He�s single, rents a house in Oshawa and is currently eligible for $337 a week through employment insurance; at GM he was making more than $1,000 a week, after taxes. budget hopes: MacDonald hoped for retraining funding that would let him take a year-long engineering program for nuclear operations. He said he has been told he is not eligible because he only qualifies for 36 weeks of EI and the program is longer than that. Retraining funding must be substantial enough �that I could still have some kind of income to pay my bills and still put some food on the table.� ... http://www.metronews.ca/toronto/local/article/173158 |
This time around Ontario gets the cherry on top, no one can acuse Quebec of getting any favours, quite the contrary.
2-3 billion for the auto sector alone, plus a billion in economic stimulus for the richest region in Canada, southern ontario... yes that smells like election hand outs.
In the meanwhile, the timber industry gets 170 million from coast to coast
| quote: |
| Originally posted by Skipper The budget is 350 pages long...the globe IS the coles notes! |
about time Ontario gets some money considering how much we've given away in the good times.
| quote: |
| Originally posted by Pett about time Ontario gets some money considering how much we've given away in the good times. |
| quote: |
| Originally posted by Yohan dude, that's not a good sign man it means ontario's productivity has gone down the shitters |
| quote: |
| Originally posted by English Rachel can someone provide me with a coles' notes-esque version of the proposed budget? I can't be arsed to fathom the Globe's section... |
my question is: will this budget help or hurt Toronto?
quote:
Toronto's own Michael Ignatieff will remain the leader of the opposition as he plans to have his Liberal party support the budget announced yesterday - but with a caveat. Ignatieff intends to introduce an amendment requiring periodic economic status updates to parliament. The requirement appears to be the price Conservatives must pay to remain in power.
The NDP and Bloc have been clear that they would not support this budget and it's been hard to tell how seriously the Liberals were considering defeating the budget, although as of last night it was reported that Ignatieff was not expected to simply support the budget as presented.
With so much political wrangling - a dirty dance not likely to stop - what does all this mean for Toronto?
Depending on who I listen to, I hear everything from Toronto being well taken care of to us getting left in the dirt. Jack Layton is taking to the airwaves to explain why he has no confidence in the Harper government - and that they aren't going to make good on their budgetary promises.
Of course when interviewed this morning, Finance Minister Jim Flaherty went on at length about how well he knows Toronto and how badly Union Station needs upgrading and that Toronto will see more than enough federal money to take on capital projects. He practically accused our municipal government of ignoring critical needs, suggesting that the federal government was now stepping in to take care of us.
David Miller has deep concerns about whether he'll be able to advance his Transit City project, and while he won't outright blast the federal government (after all, he wants their money!), it's obvious he's not happy, either.
So, rightly or wrongly, it was left to Toronto's own Michael Ignatieff to find some sort of way forward, and it appears he's content to let the government stand - at least for now - while trying to exert the influence of the potential coalition.
Right, so how does this help Toronto? I guess we'll find out just how well our MPs can get along, but they're certainly throwing enough money at the problems something should improve.
source:
http://www.blogto.com/city/2009/01/...osition_leader/
| quote: |
| Originally posted by ChrisD Full Version of the budget http://www.budget.gc.ca/2009/pdf/bu...getaire-eng.pdf Boiled down "Coles Notes" http://www.budget.gc.ca/2009/pdf/pa...pliant1-eng.pdf |
lol. i like how Arctic research and environmental research gets some money but basic science and medical research gets slashed. canada is going to fall so far behind in academia, much farther than it already has.
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