Quote:
Originally Posted by simmer2
Does Mr. Layton not understand simple economics? If we continue injecting money into social programs with a surplus, then what happens when we don't have a surplus? Those programs people have now relied on get removed and that government gets pissed on.
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In a vacuum it looks wrong. But investing the surplus into education could mean more prosperity in the future.
It's like owing $100,000 on your house, winning $100,000 on a scratch ticket and deciding to invest it in the stock market. Wouldn't it have been smarter to pay off the debt because you never know when you are going to lose your job and you might get nothing back at all from your investments (if you put it in Bre-X or Nortel). On the other hand, if you take that money and invest it in the right places you could have far more than $100,000 in the future.
But in this case I disagree with Jack. From the teens I see at the mall, we're better off paying off what we can than invest in educating those brats. Uh, oh. Gimmee a cane. Somewhere along the lines I got old.
