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Monday, December 15, 2014

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John Chittick

The socialist education system in Canada has obviously failed to provide basic economic literacy sufficient to equip huge chunks of the electorate to recognize laughable drivel produced by the watermelon theocracy of the IMF. Red Tories have always been interchangeable with the NDP, skipping the mushy "middle" of the liberal-conservative continuum.

Dennis

I read the IMF report highlighted in the article. Turns out, not unexpectedly, that most of the "subsidies" are defined as untaxed, supposedly undesirable externalities like carbon emissions. A subsidy is therefore defined not as an undeserved payment to someone or some entity but as a foregone tax on that entity's activities. Similar to saying that anything less than a 90 percent tax rate is a "subsidy" to the rich. I find it astonishing that this guy was ever a member of the conservative party in the first place.

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