Tuesday, March 22, 2011

Budget Sneak-Peak

The Conservatives are releasing their budget today at 4pm. This piece of legislation will determine if Canadians are heading to the polls this Spring.

Here's a great Mises Daily about why voting is useless.

And here's a sneak peak of the budget courtesy of the Toronto Star. Clearly the Tories are trying to appeal to the NDP.

Forgiving up to $40,000 in student loans for new doctors and $20,000 for nurses who provide health care in rural and remote communities.

It sounds great, but I don't want to pay for it. A better option would have been the decriminalization of purchasing health-care privately.

Earmarking $400 million this year to extend the ecoENERGY Retrofit program. The plan provides homeowners with grants of up to $5,000 toward the cost of energy-efficient improvements such as increasing insulation and upgrading a furnace. It was due to expire March 31.

More resource destruction.

Introducing a tax credit for parents whose children enrol in arts programs.

Another gigantic waste of money. This reminds me of the words of Ludwig von Mises from Omnipotent Government:

“There can be no freedom in art and literature where the government determines who shall create them.”

Establishing a program to help Canadian Forces members move back into civilian life by providing training for construction jobs.

Entrepreneurs don't need to be trained; look at the returning soldiers from World War 2. Keynesians predicted a return to depression era unemployment – the complete opposite happened. In addition, Canadian Forces are some of the most skilled people in the country thanks to programs where all training and education are not only paid for by the State, but in some cases the State actually pays the individual to go to school.

Providing $50 million for the Perimeter Institute for Theoretical Physics in Waterloo.

Pay for it yourself... I would. I love theoretical physics.

Earmarking $4 million for the Thunder Bay Regional Research Institute.

Anything for the Frasier Institute?

It'll be interesting to see what else there is and how the Opposition responds. Be sure to check this blog during the next few days if you want more anarchist/libertarian biased non-corporate coverage of the budget/election.

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