Author Topic: Government Day-to-Day  (Read 33586 times)

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Offline JMT

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Re: Government Day-to-Day
« Reply #345 on: May 13, 2020, 12:31:19 am »

It isn't a $2-2.5T economy anymore, GDP dropped 9% in March alone.

Yes we need government to intervene but JT is just shovelling money out the door as fast as he can and it isn't sustainable. Today it was 2.5 billion for seniors. If you are receiving old age security, you will get a check. It takes a combined income of over $120K before they start clawing back OAS, give it to seniors who really need it.

Canada’s recovery package is so far relatively small compared to other countries. Shovelling money out the door is a matter of perspective.