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Fuzzy McGillicuddy · 10-06-2005, 10:24 AM

I have no problem with the Alberta government giving residents a so-called prosperity cheque if the money is there. Besides, the entire surplus isn't being doled out. Some of it is pegged for "re-investment".

But this federal plan is another thing. Unlike Alberta the federal government is still knee-deep in red ink. The federal debt is still somewhere in the $500 Billion range. It costs nearly 1/5 of every dollar just to service this debt. In other words, nearly 20 cents of every dollar goes towards interest fees. If there is a surplus, pay down the debt. Besides, I think the feds should cut taxes before they start handing out cheques.

10-06-2005, 10:24 AM	#8
Fuzzy McGillicuddy Powerplay Quarterback Join Date: Oct 2001 Location: up north (by the airport) Exp:	I have no problem with the Alberta government giving residents a so-called prosperity cheque if the money is there. Besides, the entire surplus isn't being doled out. Some of it is pegged for "re-investment". But this federal plan is another thing. Unlike Alberta the federal government is still knee-deep in red ink. The federal debt is still somewhere in the $500 Billion range. It costs nearly 1/5 of every dollar just to service this debt. In other words, nearly 20 cents of every dollar goes towards interest fees. If there is a surplus, pay down the debt. Besides, I think the feds should cut taxes before they start handing out cheques.