Carney signs order to prioritize middle-class tax cut, after first meeting with new cabinet
Carney signs order to prioritize middle-class tax cut, after first meeting with new cabinet
Prime Minister Mark Carney signed a symbolic order signalling his government will prioritize passing his promised middle-class tax cut, following the first in-person meeting of his cabinet on Parliament Hill Wednesday.
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Instead of tax cuts to help the middle class, what they should really do is:
Reduce privatization.
So much of our country is owned privately for the sake of profit.
This is why everything is so expensive, it’s because we let rent seekers own our infrastructure.
I want my government to start making money without further relying on middle class income.
Yeah, private ownership concentration is a huge problem leading to monopolies, lack of innovation, and worsening treatment of both customers and employees in general. As I understand it, all funds have increasingly gone to parasitic shareholders more than ever since CEO pay has shifted more and more to pay in company stock.
I’d love more publicly-run utility and transportation networks as you said, but in other less critical areas we could probably benefit from a more competitive system of small-to-medium-sized cooperatives that could (ideally, in a perfect world) replace corporations entirely. I would love to see support for worker groups with solid business plans to receive government grants (or at least forgiving loans) to help them buy their private sector workplaces for conversion to a democratic business model where employee-owners don’t get treated like serfs and businesses have to win over customers to survive, rather than trapping them and getting complacent.
*edited to add that last bit in italics
Yea but that's the Liberal party you're talking about. If you want that, you should vote NDP.
Do you think that's something they could easily do? It's a nice idea, but it's much more complicated to do anything about that
deleting because I replied to the wrong comment!
What if the government just started running crown corporations again? They could price things a lot lower and take business away from the private entities. It'll take some initial investment, but that's money well spent I think.
Maybe start with insurance and undercut that entire industry. Then use the profit to fund the establishment of other crown corps. Since they don't have to appease shareholders, all of the profit can go towards this.
I am very happy with the crown Corp car insurance we have in Manitoba.
Well we have been feeding them every growing amounts of money, billions going to consultants, and it seems like everything has gotten significantly worse. Housing is dramatically more expensive, far wait times for doctors with shortages in family doctors, food is way more expensive, and our Canadian monopolies are actively abusing their power. Its enough to lose faith in their ability to manage anything.
I assume by "them" you mean the government?
The government doesn't manage housing or food. That's all the work of the free market baby! If there was a government run food store, for example, it would be able to operate at cost since it doesn't necessarily need to turn a profit. Heck, it could even run at a loss if we as a society agreed it has value beyond dollars. In other words, we could offset the loss with tax dollars if we agreed it was of benefit to society.
I agree that monopolies are a problem though and that the government needs to actually start enforcing some anti trust. But taking an active role with crown corporations will also help reduce monopoly power, so its a tool to use along with enforcement.
As for health care, that's a provincial concern but I also agree. Where I come from, the people around me keep voting in the very party who for over 40 years has proven to be incapable of managing health care. And yet there are functional public health care systems out there. So it's not a matter of a government being incapable of managing health care. Rather, we have strong evidence that a conservative government is incapable of managing health care.
Of course there are lots of examples of governments managing things poorly, but there are also countless examples of private companies managing things poorly. The difference I think is that with the government you at least have some say. I don't think the government should run everything, but certain key industries (mostly infrastructure type things) I think would be better off in public hands.
The government doesn't manage housing
Well you cant grow the population 1.4 million in one year and expect the already failing infrastructure to sustain them.
I'd also say per capita GDP has been falling in Canada since 2015, and thus food prices are higher. Caroline Rogers said we have a productivity emergency, hence lower salaries. We even do things like buying mortgage bonds to inflate real estate, the Feds are buying half of all mortgage bonds issued.
Here's a good video on the mismanagement with a lot more statistics:
So? We can do hard things.
I don't think we can, actually.
I could be convinced, but you'd need to give me details, and I suspect you'd convince yourself first if you looked into it.