Quote:
Originally Posted by Flames in 07
What a great system, Equalization seems to make everyone happier doesn't it?
Everything about it is awful, you won't find an economist on this planet that will tell you this program has net benefits. It promotes under utilization of human resource, creates a sense of entitlement and removes incentive. What a great deal.
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That's wrong. Wrong. And also wrong.
Will you pay a months rent for me for each economist that I find that will state that equalization has net benefits.
New Brunswick and Nova Scotia are doing whatever they can to improve their economies. The provincial governments are not sitting there saying "if we put the economy in the toilet and let everyone live off welfare, we can just wait for Alberta to send us some equalization payments". That ridiculous.
Moon: According to Statistics Canada Alberta spent 28 billion on 3 million people while the Nova Scotia government spent 8 billion on 1 million. Tell me what wasteful programs Nova Scotia needs to cut to get more in line with Alberta's example. (Btw - figures are from
http://www40.statcan.ca/l01/cst01/govt08a.htm and
http://www40.statcan.ca/l01/cst01/govt08c.htm)