Quote:
Originally Posted by Vixx
That's not true. Harper pumped a lot of $ into infrastructure.
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He was coerced into it because the economy was so threatened. But as soon as the immediate threat passed, it was all about cutting. He was also spending the surplus that he had inherited from the previous government.
So much of that infrastructure investment was shortsighted while the best projects require several years of planning. I still drive by a traffic signal that was funded by the Conservative infrastructure program that is never used. Small bananas but still a waste of my tax money.
When the Conservatives talk about tax cuts, we are permanently cutting our ability to fund infrastructure renewal.
Now listen to Doug Ford. Isn't he talking about tax cuts? How does this allow for ongoing infrastructure funding? He may allow current projects to continue but future projects will come to a grinding halt.
It is a whole political debate whether tax cuts or government spending is more effective at stimulating the economy. Has there ever been a study on this? Regardless, at some point, government has to spend money on public infrastructure. At that point, the political debate is irrelevant. The money needs to be found and that is tax money. If the government has given it all back to the public to make purchases at the dollar store or Walmart, were those tax cuts money well spent? Walmart is not going to fix our potholes or invest in a subway line. Instead, they would rather spend money in Bangladesh to increase their profits, while demanding lower corporate tax rates.
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