tag:blogger.com,1999:blog-35117130.post6851119617724809473..comments2024-03-28T19:18:40.387-04:00Comments on Northern Reflections: They Claim He's a Smart ManOwen Grayhttp://www.blogger.com/profile/06464860078574618579noreply@blogger.comBlogger27125tag:blogger.com,1999:blog-35117130.post-29274165463943755292014-11-09T17:37:26.539-05:002014-11-09T17:37:26.539-05:00I'm not suggesting that government should fidd...I'm not suggesting that government should fiddle with the laws of supply and demand on a daily basis, Anon. <br /><br />But when those two elements get out of whack, only government can restore the balance. We have lived with supply side economics for thirty-five years.<br /><br />It's time for a re-balancing act.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-87105137657080049582014-11-09T17:29:07.217-05:002014-11-09T17:29:07.217-05:00Owen - Oh?
http://en.wikipedia.org/wiki/File:Py...Owen - Oh? <br /><br />http://en.wikipedia.org/wiki/File:Pyramideca2010.jpg<br /><br />I don't need two residences, how about you? <br /><br />Pretty sure my children will only need one each as they would fall into the under 10 demographic.<br /><br />Guess it will be up to the government to artificially hold down the prices for all the unemployed and underemployed 20-somethings and 30-somethings. Oh wait! The government can't really do that can it? The government can only subsidize new purchases, either through low-interest rates, or stealing it from the future. <br /><br />But, at some level, I'm not sure that any amount of government manipulation will be able to outweigh the laws of supply and demand. And when demand goes down, which it will, supply goes up, and the price falls. <br /><br />To think that government can, or should prop up this teetering system is... well. I'll let Mr. Whittle take that one.<br /><br />https://www.youtube.com/watch?v=FvfHLr5aEqU<br /><br />https://www.youtube.com/watch?v=FvfHLr5aEqUAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-65775320231176188572014-11-07T16:58:48.264-05:002014-11-07T16:58:48.264-05:00And that's precisely the problem, Anon. It'...And that's precisely the problem, Anon. It's better to have money circulating among the many than coagulating among the few.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-30920569681216725742014-11-07T15:03:31.891-05:002014-11-07T15:03:31.891-05:00Owen - Yes, they might at that! And what do you s...Owen - Yes, they might at that! And what do you suppose will happen to the owners who tried to sell them because they were planning to retire on the money that selling their home may have generated?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-38168847191091308092014-11-07T10:30:05.860-05:002014-11-07T10:30:05.860-05:00They might remain empty, Anon, and serve no purpos...They might remain empty, Anon, and serve no purpose -- like the pile of dead money that is sitting atop our economy.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-70917562450505569072014-11-07T09:31:52.171-05:002014-11-07T09:31:52.171-05:00Owen - You never did answer the question. Who'...Owen - You never did answer the question. Who's going to buy Toronto's concrete boxes in the sky?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-68023992322066175852014-11-07T08:58:41.428-05:002014-11-07T08:58:41.428-05:00They've believed their own stuff for a long ti...They've believed their own stuff for a long time, Anon.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-51073201486881987072014-11-07T00:54:27.532-05:002014-11-07T00:54:27.532-05:00The final phase of the Reformacon's reign of e...The final phase of the Reformacon's reign of error...<br /><br />They're actually starting to believe<br />their own bullshit.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-28885009093088185282014-11-06T17:02:11.371-05:002014-11-06T17:02:11.371-05:00By building the kind of infrastructure that makes ...By building the kind of infrastructure that makes an economy competitive, Anon.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-3266393471798450872014-11-06T16:54:37.724-05:002014-11-06T16:54:37.724-05:00Owen - What?
Please explain how a government can ...Owen - What?<br /><br />Please explain how a government can continue stimulating demand?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-13229108578967684802014-11-06T16:50:10.912-05:002014-11-06T16:50:10.912-05:00Oh noes! Not a difference of $1,000! My entire ar...Oh noes! Not a difference of $1,000! My entire argument, debunked by being off by a $1,000!<br /><br />The best part of this is that you don't actually listen to yourselves. It's so sadly predictable. <br /><br />You've now argued that you are not in favor, that you are against creating an economic incentive for two parent families, or more precisely, for two parent families to try to avoid divorce. <br /><br />I wish I could make this stuff up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-82414716102722133052014-11-06T15:22:32.876-05:002014-11-06T15:22:32.876-05:00Let's see if Anon responds, Anon.Let's see if Anon responds, Anon.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-52422314740652082542014-11-06T15:20:00.439-05:002014-11-06T15:20:00.439-05:00I agree that the world needs more love and mercy, ...I agree that the world needs more love and mercy, Anon. But am I missing something?<br /><br />What's the connection between the song and the prime minister? That love and mercy are not part of his DNA?Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-81822117433491838032014-11-06T15:14:26.796-05:002014-11-06T15:14:26.796-05:00That's precisely why governments need to occas...That's precisely why governments need to occasionally stimulate demand, Anon. Otherwise, an economy collapses from the bottom.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-80912871309851019152014-11-06T14:48:03.504-05:002014-11-06T14:48:03.504-05:00Yes Owen, mostly owned by financial institutions t...Yes Owen, mostly owned by financial institutions through long mortgages.<br /><br />What happens when the owners begin to dwindle whilst competing for a shrinking pool of buyers?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-34732039303680939852014-11-06T13:33:01.127-05:002014-11-06T13:33:01.127-05:00Congratulations Owen. You are now a topic of conv...Congratulations Owen. You are now a topic of conversation on the Harperite radar of hate!<br /><br />https://www.youtube.com/watch?v=PISkFEzC5XE<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-55938444872311376672014-11-06T13:29:38.976-05:002014-11-06T13:29:38.976-05:00@Anonymous 10.12 a.m.
Harper likely thrives becau...@Anonymous 10.12 a.m.<br /><br />Harper likely thrives because of people like you who apparently need to educate themselves on many things, including how our tax system works. Lol.<br /><br />For a start, for a taxable income of 50K (i.e. 2nd case), not all of it is taxed at 22%. The first $44K (approximately) is taxed at 15% and only the remaining $6K is taxed at 22%. Leaving prov. tax aside, the total family tax is only about $16K, not $22K. BTW, this may explain why many Cons supporters seem to think that they are paying more taxes than they actually are, perhaps because they do not understand how to calculate their taxes. Lol. <br /><br />Similarly, for a taxable income of $100K (i.e. 1st and 3rd cases), the first $44K (approximately) is taxed at 15%, the next $44K (approximately) at 22% and only the last $12K at 26%. Thus the tax payable is only $19K (approximately), not $26K as you claim. Big difference between $19K and $26K, no?<br /><br />It is true that case 2 pays lower taxes by approx. $3K but the point had already been made that this two breadwinner household likely needs to spend more on daycare/childcare, commuting expenses, meals, etc. than a household with one spouse at home.<br /><br />Second, you have ignored the point already made that the single parent household (i.e. case 1) pays the same amount of taxes, $19K in the example above, without getting the benefit of the income splitting for a household with only one spouse working (i.e. case 3). Add to this the fact that the single parent household would likely incur the same additional expenses (child/daycare, commuting, meals, etc.) that a stay home spousal household would not incur and the unfairness becomes clear.<br /><br />No, Harper may not be smart, but he seems cunning enough to know that his base consists of people like this poor fellow here who seems to need help to calculate his/her taxes, eh?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-17284682246329025642014-11-06T12:56:03.172-05:002014-11-06T12:56:03.172-05:00But the supply doesn't remain constant, Anon. ...But the supply doesn't remain constant, Anon. The supply of what used to be called "affordable housing" has shrunk. But the supply of high end condos has surged.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-41308202131646672052014-11-06T12:53:52.680-05:002014-11-06T12:53:52.680-05:00It's clear that the policy is meant to encoura...It's clear that the policy is meant to encourage the traditional one earner family, Norm.<br /><br />The problem is that the economy the Conservatives have worked so hard to build does not encourage one earner families.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-70379749905947367292014-11-06T12:49:02.088-05:002014-11-06T12:49:02.088-05:00And they claim they know how to control costs, thw...And they claim they know how to control costs, thwap.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-21591107594142124102014-11-06T12:42:54.330-05:002014-11-06T12:42:54.330-05:00The example of 2 family earners may be correct but...The example of 2 family earners may be correct but a single parent can claim a dependent allowance as can the single family earner with a non working spouse and that's with or without kids. It just makes the 2 earner family with or without kids that much worse off.<br />Or am I missing something?<br />NormNormnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-38832836587926059382014-11-06T12:39:15.552-05:002014-11-06T12:39:15.552-05:00The effect of costs on families is an interesting ...The effect of costs on families <i>is</i> an interesting argument, but one which actually works completely against what McQuaig is asserting. She doesn't state that costs are comparitively higher because of a dramatically increased demand for work relative to a constant supply of work. The renumeration for labour remains steady, while, everything else from houses, to cars to food experiences a surge of demand, yet the supply remains constant. This pushes the price upwards, which is causing those increased costs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35117130.post-77404346599572364872014-11-06T12:08:35.692-05:002014-11-06T12:08:35.692-05:00This will cost $27 billion.
What a travesty.This will cost $27 billion.<br /><br />What a travesty.thwaphttps://www.blogger.com/profile/15399550285738440669noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-87347991748625406452014-11-06T11:06:22.547-05:002014-11-06T11:06:22.547-05:00They say that Ontario could well decide the next e...They say that Ontario could well decide the next election, Steve. Apparently Mr. Harper feels that, if he won a majority without Quebec, he can also win a majority without Ontario.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.comtag:blogger.com,1999:blog-35117130.post-84991460840550656412014-11-06T11:02:29.672-05:002014-11-06T11:02:29.672-05:00You're forgetting McQuaig's argument about...You're forgetting McQuaig's argument about costs, Anon. Not every family faces the same costs -- and costs, not just incomes -- should be considered when developing tax policy.Owen Grayhttps://www.blogger.com/profile/06464860078574618579noreply@blogger.com