It's that time again: federal fiscal update time.
The Harper government is announcing a surplus for the first time in seven years. Notably though, it was projected to be upwards of $7 billion, and will actually only be $2 billion. Other than that, not much else was announced.
So, what do you think of the Harper government's fiscal update?
Related rabble.ca story:
In the 1980s governments began selling off public assets to private corporations. Government debt and deficits were the excuse. Citizen-owned wealth, held in trust by governments was transferred to profit-seeking companies. Public inheritance was turned into a one-time payment applied to the provincial or federal debt.
This practice was called privatization. It should have been called theft, since it amounted to stealing from the public what belonged to it.
The only way the practice of "selling the house to pay the mortgage" made any sense was if you were the one buying the house.