This is something we should pay attention to. It lays waste to a lot of GOP theories.
Hardheaded Socialism Makes Canada Richer Than U.S. - Bloomberg
Hardheaded Socialism Makes Canada Richer Than U.S. - Bloomberg
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This is something we should pay attention to. It lays waste to a lot of GOP theories.
Hardheaded Socialism Makes Canada Richer Than U.S. - Bloomberg
OK, read the piece. Headline doesn't match the article but what else is new. It's an Axelrod trick.
One thing I'd like to point out is that the reason Paul Martin, and I personally like the man, was a fabulous Finance minister is that he continued to implement drastic tax strategies that pulled us all out a recession from the 80's and into a brave new world.
As a society we bit the bullet. Mulroney (conservative) came up with the GST. Everyone pays tax on everything.
Now this was supposed to be a short lived tax, and yes they had the balls to call it a tax but we wiped out the debt in world record time and credit where credit is due to Paul Martin was a most amazing finance minister.
But Martin had the power of the GST to balance the books.
This is something we should pay attention to. It lays waste to a lot of GOP theories.
Hardheaded Socialism Makes Canada Richer Than U.S. - Bloomberg
OK, read the piece. Headline doesn't match the article but what else is new. It's an Axelrod trick.
One thing I'd like to point out is that the reason Paul Martin, and I personally like the man, was a fabulous Finance minister is that he continued to implement drastic tax strategies that pulled us all out a recession from the 80's and into a brave new world.
As a society we bit the bullet. Mulroney (conservative) came up with the GST. Everyone pays tax on everything.
Now this was supposed to be a short lived tax, and yes they had the balls to call it a tax but we wiped out the debt in world record time and credit where credit is due to Paul Martin was a most amazing finance minister.
But Martin had the power of the GST to balance the books.
Wiped out what debt? You mean this one? You are a bit premature.
Canada Debt Clock July 2012
OK, read the piece. Headline doesn't match the article but what else is new. It's an Axelrod trick.
One thing I'd like to point out is that the reason Paul Martin, and I personally like the man, was a fabulous Finance minister is that he continued to implement drastic tax strategies that pulled us all out a recession from the 80's and into a brave new world.
As a society we bit the bullet. Mulroney (conservative) came up with the GST. Everyone pays tax on everything.
Now this was supposed to be a short lived tax, and yes they had the balls to call it a tax but we wiped out the debt in world record time and credit where credit is due to Paul Martin was a most amazing finance minister.
But Martin had the power of the GST to balance the books.
Wiped out what debt? You mean this one? You are a bit premature.
Canada Debt Clock July 2012
Oh stop. Bite me. I specifically was referring to the years Paul Martin was finance minister.
That is a decade called the 90's. And even though Martin is a giant lib, he was the most amazing finance minister. He kept his stick on the ice, used the tool Mulroney gave him, and shot that puck into the finance net to win the day.
Paul Martin, yes check out your window, pigs are flying by was an amazing finance minister.
Oh stop. Bite me. I specifically was referring to the years Paul Martin was finance minister.
That is a decade called the 90's. And even though Martin is a giant lib, he was the most amazing finance minister. He kept his stick on the ice, used the tool Mulroney gave him, and shot that puck into the finance net to win the day.
Paul Martin, yes check out your window, pigs are flying by was an amazing finance minister.
Canada is far more socialist than the US. Can you admit that?
Oh stop. Bite me. I specifically was referring to the years Paul Martin was finance minister.
That is a decade called the 90's. And even though Martin is a giant lib, he was the most amazing finance minister. He kept his stick on the ice, used the tool Mulroney gave him, and shot that puck into the finance net to win the day.
Paul Martin, yes check out your window, pigs are flying by was an amazing finance minister.
Canada is far more socialist than the US. Can you admit that?
From the OP link:
Policy has played a significant part as well, though. Both liberals and conservatives in the U.S. have tried to use the Canadian example to promote their arguments: The left says Canada shows the rewards of financial regulation and socialism, while the right likes to vaunt the brutal cuts made to Canadian social programs in the 1990s, which set the stage for economic recovery.
The truth is that both sides are right. Since the 1990s, Canada has pursued a hardheaded (even ruthless), fiscally conservative form of socialism. Its originator was Paul Martin, who was finance minister for most of the 90s, and served a stint as prime minister from 2003 to 2006. Alone among finance ministers in the Group of Eight nations, he resisted the siren call of deregulation, in his words, and insisted that the banks tighten their loan-loss and reserve requirements. He also made a courageous decision not to allow Canadian banks to merge, even though their chief executives claimed they would never be globally competitive unless they did. The stability of Canadian banks and the concomitant stability in the housing market provide the clearest explanation for why Canadians are richer than Americans today.
Martin also slashed funding to social programs. He foresaw that crippling deficits imperiled Canadas education and health- care systems, which even his Conservative predecessor, Brian Mulroney, described as a sacred trust. He cut corporate taxes, too. Growth is required to pay for social programs, and social programs that increase opportunity and social integration are the best way to ensure growth over the long term. Social programs and robust capitalism are not, as so many would have you believe, inherently opposed propositions. Both are required for meaningful national prosperity.
Oh stop. Bite me. I specifically was referring to the years Paul Martin was finance minister.
That is a decade called the 90's. And even though Martin is a giant lib, he was the most amazing finance minister. He kept his stick on the ice, used the tool Mulroney gave him, and shot that puck into the finance net to win the day.
Paul Martin, yes check out your window, pigs are flying by was an amazing finance minister.
Canada is far more socialist than the US. Can you admit that?
is that true anymore?