Nov
20
Written by:
host
11/20/2008 10:43 AM
Some politicians feel secure in their jobs some don't
The news this week is really interesting. In Calgary aldermen are not happy because they might not get to go to the grey cup (but then again maybe they will). Well as the title says, some feel secure in their jobs and I get the impression the gang at city hall feel very secure. The estimated tax increase is to be somewhere between 20 & 30 % over 3 years. My question to the world is, are they also thinking that taxpayers are going to see the same percentage increase in income? With the economy the way it is I would be very surprised if any significant number of Calgarians see that kind of increase on their paycheques.
Now the guys feeling a little less secure are up in Edmonton. I seem to recall that the Stelmach crew yipped about "fair share". So if that really was true then why the about face (which they are blaming on recent economic events)? Surely if it was all done in proper proportion then the royalty share would have gone down as the price of oil goes down and thus the investment scenario shouldn't have changed. I don't disagree with the incentives just pointing out the obvious about face of it all.
I don't know about other people but reading about big bailouts for financial companies, talk of bailing out car companies, new incentives for oil companies, it all kind of leaves me with a bad taste. The spin is that these massive freebies are "good for the economy", but hey my small company doesn't merit any consideration even though it appears that small business may be what will keep the North American economy afloat.
Yes I know this is a pessimistic tone today but if you are in business you might just feel the same way!
1 comment(s) so far...
Re: Political Job Security
Much of the political ramblings are about saving face, not jobs. Bailouts make news and bring attention to the perceived good of the politicians and little else for the average Joe. Perceptions can become truths.. but the reality is they are false and undermine the very nature of business.
By Blue on
11/26/2008 9:20 AM
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