News Analysis: Canadian Government’s successful Budget Concept was actualized by a Steadfast Discipline. This occurred through increasing Private Business Momentum [thereby increasing tax receipts] as well as containing Irrelevant Spending. Now, the country’s Deficit has been greatly reduced. It now offers Survivability if another Global Turndown were to occur.
All too often, Economic Downturns are ‘attacked’ by Governments through Profligate Spending. What is not understood by the Country Leaders is the fact: The amount spent may be less important than to which that money is allocated.
A Country sometimes panders to its leader’s desire to attain “Celestial Standing” in the nation’s history. If it has Weak Legislators, they act as his Minions and create an ill-conceived law. So, a Program is Ordered TO HIS Citizens; ‘Named’ in his honor, it feeds his ego but does nothing but Delay Economic Recovery. It is a definite Economic Impediment if it is poorly designed and executed. The timing cannot be worse: Continued unemployment and low earnings of the citizenry are compounded by additional Personal Expenditures Mandated by the Program.
Fortunately, for Canadians, their Government is far more Prescient than that of some Nearby Nations.
Reference: http://tinyurl.com/k5nzzzu
