🚀 go-pugleaf

"Punk" <punk@spamme.ca> wrote in message 
news:4d55ca9e.21507421@news.eternal-september.org...
> On Sat, 5 Feb 2011 00:02:20 -0400, "Best" <1234@5678.com> wrote:
>
>>
>>"Punk" <punk@spamme.ca> wrote in message
>>news:4d52b52f.16020421@news.eternal-september.org...
>>> On Fri, 4 Feb 2011 23:21:00 -0400, "Best" <1234@5678.com> wrote:
>>>
>>>>
>>>>"Fatty Arbuckle" <Fatty.Arbuckley@yahoo.com> wrote in message
>>>>news:4d4cb273$0$6773$c3e8da3$a8a65a91@news.astraweb.com...
>>>>> On 2/4/2011 3:53 PM, Best wrote:
>>>>>>
>>>>>> *You can't possibly mean the Trudeau that dug us into so many holes,
>>>>>> not
>>>>>> the least of which was debt, that we will never recover? The flash 
>>>>>> and
>>>>>> dash guy?
>>>>>
>>>>>     Yes him.  You just stated that we are in a debt from which we will
>>>>> never recover.  I'm not interested in how we got there.  I'm more
>>>>> interested in how you feel about Canada, given that you say we are in 
>>>>> a
>>>>> debt from which we will never recover.  What should we all do?  When a
>>>>> person is in such a state, they declare bankruptcy, default on their
>>>>> payments, give up everything they have to their debtors and start 
>>>>> over.
>>>>> Stephen Harper claims to be an economist.  What do you propose he do 
>>>>> to
>>>>> get us out of this mess?  Declare Canada bankrupt?  Can that be done
>>>>> with
>>>>> a country?
>>>>>
>>>>>     I'm not joking or pulling your leg.  You just declared we can 
>>>>> never
>>>>> recover.  Is it really that bad?  What of your children and grand
>>>>> children?  Yeesh.  What a great, positive influence you must be.  No
>>>>> hope.
>>>>> Never recover.  Or do you exaggerate?
>>>>
>>>>*I am being realistic. From what I see, we will never recover. Canadians
>>>>do
>>>>not have the intestinal fortitude to make it happen. Everyone has the
>>>>attitude of take, take -- there is no give, give, when it  comes to 
>>>>money
>>>>issues. . I can not imagine a situation where we could ever recover. And
>>>>the
>>>>debt is only one part of it.
>>>>So, what do you think?
>>>
>>>
>>> Canada as a whole doesn't worry me as much as what's happening
>>> provincially.
>>> Our small population and even smaller taxpaying base is carrying too 
>>> much
>>> debt.
>>> The Canadian government has sources of revenue galore which to tap 
>>> whereas
>>> Nova Scotians are limited and close to being drained.
>>
>>*And if it wasn't legislated that the City had to run a balanced budget, 
>>you
>>can bet HRM would have a big debt as well. The looming problem for NS is 
>>the
>>Teacher's and Civil Service pension plan. Imagine............ allowing a
>>defined benefit pension plan, with built in inflationary increases. Just 
>>the
>>same as going down to the Casino every so often, opening the doors, and
>>throwing in several boxes of $100 bills!!
>
> The solution there isn't to break a deal with current and future retirees 
> but to
>
> downsize where appropriate but more importantly grow the economy.
> Grow the economy  grow revenues and run a smart government and
> all becomes manageable with a few bucks in the bank for the inevitable
> harder times.

*I don't advocate growing the economy in order to fund a Cadillac pension 
plan, that should never have been signed in the first place. Tell me, how 
many defined benefit plans are being signed these days? None, I would hope, 
but we continue to enroll and pay people in the two plans. Sheer madness!!!