View Single Post
Old 10-06-2005, 10:29 AM   #9
Incinerator
Franchise Player
 
Incinerator's Avatar
 
Join Date: Apr 2003
Location: 30 minutes from the Red Mile
Exp:
Default

Quote:
Originally posted by Fuzzy McGillicuddy@Oct 6 2005, 04:24 PM
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.
Yeah but the Fiberals would never have the kind of insight that you just revealed, keep dreamin'
Incinerator is offline   Reply With Quote