Thursday, October 29, 2009

When our province has a $25 billion shortfall, should we... PT 2

expect to pay more taxes?

reduce spending, pay off personal debt and save money?

pray our economy returns to business as usual asap because there are so many material things you want to buy e.g., another new ottoman?

If it was up to me, I’d make it clear that the first two suggestions make a lot more sense than the last one.

As the Arctic gets hotter our our responsibility to pay the full cost for our economic programs should rise and our personal spending on material goods should cool.

A recent study “suggests there could only be one culprit for the warming Arctic: carbon dioxide emissions that began rapidly during the Industrial Revolution.” (The Canadian Press, Sept 4, 2009)


I.e., human kind and its thirst for the better life. (“Large screen TV anyone? Anyone?”)

A large debt load should be on our shoulders, not on the backs of future generations.


We’re the ones who support governments with a low tax mantra and hope that high production and excessive lifestyle will pay for a clean environment by 2020, maybe 2050. Oh what the heck - 2075 sounds even better.

It won’t happen. Our unsustainable economy is based on a faulty model. When it collapses then our environment will start its long return to health, if it can.


While many Ontarians (not all; some are off the hook) deal with the massive debt, make every effort to spend less and save money.

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