I came across this earlier today. Interesting theory in support of capitalism: Socialism : You have two cows. The government takes one and gives it to your neighbour. Communism: You have two cows. The government takes them both and provides…
Continue ReadingA great and noble scheme
I just finished a new book on the Acadian deportation entitled A Great and Noble Scheme written by a Yale University professor. It is a wonderful book and I think it should be required reading for all English kids in…
Continue ReadingAnother sign of prosperity?
I just came across a very interesting statistic. Did you know that only Newfoundlanders generate more ‘investment’ income than New Brunswickers? Investment income is the amount you earn on your investments such as RRSPs. In 2003, New Brunswickers generated an…
Continue ReadingMultiplier Effect
I know I mentioned this before, but it is worth mentioning again – specifically, the multiplier effect of economic development. If you can attract a major new industrial project, the benefits will be multiplied throughout the community. An example of…
Continue ReadingDo unions matter anymore?
The New Brunswick Federation of Labour is meeting in Moncton to plan its strategies for the next year. On Friday, new figures published show that union membership in New Brunswick is way down. I am not sure that beyond negotiating…
Continue ReadingDo you think?
Does anybody think that Environment and Local Government Minister Brenda Fowlie will actually step down for allegedly violating a Liberal MLA’s right to privacy? No matter how many times the Times & Transcript will run this story, I can guarantee…
Continue ReadingDeath by a thousand cuts
I keep hearing about tax cuts and ‘reducing the burden’ on New Brunswick taxpayers. Yet, my electricity bills keep going up, my vehicle registration costs went up and now I hear we will all pay a buck or two per…
Continue ReadingLook to the ‘Cookers’
I’ve often said that most things in life can be boiled down to Seinfeld moments. There are many occassions when I stop and think that I am in one such moment. Recently, I was in a situation where the phrase…
Continue ReadingResentment creeping in
I have discussed in previous blogs the growing resentment – mainly in Ontario – of the Equalization formula that takes money from rich provinces and gives it to poor ones. The largest straw on this camel’s back was the lump…
Continue ReadingAdvocacy journalism
Now I finally understand. For years I have wondered why the Times & Transcript almost never writes a negative ‘economic’ story and when the topic is remotely negative, they always put a good spin on it. You can reread my…
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