It's budget season everywhere, and it's all about debt and deficits and the elusive quest to balance the beast, which can only be done, it is said, by cutting services or raising taxes.
The burden of interest charges -- on the same scale as health or education in most provincial budgets -- doesn't get questioned because interest is fixed by the gods according to divine law, retribution from which we can only escape through harsher and harsher penance.
Or is it? Let's chew on a couple of startling points.
As expected, the federal Conservative government's budget for 2014-15, released Thursday, provided little in the way of new spending to improve employment in Canada. There is a few million here, a few million there for job training programs, but overall it is an austerity budget with very little direct job creation.
The 2013 Federal Budget was tabled in Parliament today by Finance Minister Jim Flaherty. The Harper government likes to call it an "Economic Action Plan," but many groups across Canada today are hitting out, saying this is another federal budget that does little or nothing to lessen the economic impact of austerity.
“This is a welcome critique of conventional economic wisdom. If you thought tax cuts would solve all of your problems, read The Great Revenue Robbery and think again.”
-Thomas Walkom, political columnist, Toronto Star
Join authors and organizers for the launch of
The Great Revenue Robbery: How to Stop the Tax Cut Scam and Save Canada
Edited by Richard Swift for the Canadians for Tax Fairness