Harper budget signals need for a new kind of public servant
By PAT WATSON
Dear group of people who will become the next federal government of Canada, we the struggling class would like you to do something for the votes we are trustingly about to give you in our desperate attempt to sweep aside the current group.
We want you to know that we are in need of your absolute commitment to our wellbeing. We are having a hard enough time meeting all the financial demands to keep maintaining the basics of life placed on us daily.
We want you to know that the reason we can’t take advantage of the current government’s tax-free savings plan, now being increased from the generous $5,500 annually, is that we can’t even save $500 annually. That’s why we don’t go to the movies; that’s why we don’t buy magazines; that’s why we don’t even dare to buy a bunch of flowers to brighten up our homes.
We want you to know…
Finance Is to Blame for Rise in Inequality
Economists, policy wonks, and politicians of both persuasions agree that middle class income stagnation, and the inequality that it causes, is the principal economic challenge for the nation. U.S. inequality has been on the rise for more than 30 years, and the Organization for Economic Cooperation and Development estimates that it has reduced U.S. economic growth more than even the financial crash. This cost is still accruing.
There are vast differences in views of inequality’s causes. At one end of the spectrum, conservatives believe that the “makers” create a “rising tide” that lifts all boats. Mainstream progressives take a middle view, believing that individuals fail to take advantage of capitalism’s opportunities because they are insufficiently educated or suffer from debilitating disadvantages.
There is one major problem with these beliefs: They are both inconsistent with the facts.