Alberta Soap Box 🇨🇦

Comments Effecting Canadian Events – Ken McGregor

Is It To Late? Is The Battle Lost For Fiscal Responsibility?

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The benefit train left the station years  ago and is now picking up a real head of steam. Not only do the generations of today want great jobs and benefit packages, they are demanding it whether they earn it or not. The problem is they are no longer affordable. With never-ending increases in costs and benefit expenses , companies can no longer compete and the dwindling number of taxpayers can no longer subsidize them. In Alberta the top 50% of the earners pay 97% of the personal tax bill while over 40% of their wage is already taken towards taxes and fees. Yet, Albertans are crying out for more money for health care and education when 65% of the provincial budget  already goes to these 2 items.

Even though Greece has already gone down the path of social spending and has ended up in ruins , The majority of Canadians can’t understand they are on the same path. 60% of Canadians vote for a left leaning social party rather than a fiscal Conservative party. they are hooked on free social programs. But like Greece Canada is in debt by over one trillion dollars and climbing. We are borrowing money for these so-called free programs with no real plan to pay down the debt. We borrow in the good times and borrow even more in the bad. The Canadian Government debt for 2012-2013 is projected to balloon to $605 billion. The gravy train is on a roll.

A Greece election is now scheduled to be held on 17 June 2012 after a coalition government was unable to be formed following the May election. After increasing taxes and cuts to benefits ,Greeks turned to the streets with violet demonstrations. They just can’t understand they are broke and are poised to vote in a new government to start the spending. They actually think that Germany will bail them out indefinitely. Completely delusional thinking but after decades of lavish benefits they feel entitled and want someone to pay for them. If any government tries to stop the entitlement train they will voted them out.

We are now seeing signs of this Greek style entitlement in Canada. With rioting students in Quebec and a dysfunctional Liberal government voted back in, in Ontario, Canadian voters are showing signs of tossing good fiscal management for never-ending free social benefits that the NDP offer. Our governments are caving in from the federal to the municipal. No politician would now dare go against the tidal wave of social entitlement and hope to get voted in.

I would think the next federal election will be the turning point. Do Canadians go Left and continue piling on social benefits and debt, pillaging the last remaining dollars of the top 50% earners and corporations to subsidize their follies like many of todays European countries or stay with a center right conservative government and continue the battle to create prosperity through education, hard work and paying down our debt .  Looking at Ontario and Quebec it might be too late for the fiscal right and Canada. We can only continue to educate the entitled thinkers and point them to the European disasters that await them if they vote in an NDP or Liberal government, and hope they wake up.

Please leave a comment or email me at ALBERTASOAPBOX@gmail.com

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