Friday, March 27, 2009

Harmonized Tax

Wow, who would have thought that this would be the time that a tax increase would be announced.  I am not an economist, by any means, I think, like most people I get what economics is and have a basic understanding of how economics works.  

It seems to me that if the economy is hurting, the mean thing that would help it is for people to spend money.  How would you go about motivating people to spend money??  Well, you could give them more money or make their money worth more.  Now, everyone knows that you can't just print money (everyone except Ben Bernanke it seems), so in order to stimulate the economy what should be done is making people's money stretch further.

Ontario's solution: Raise taxes!!!! Brilliant, man no wonder our economy is falling apart.

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