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Contents contributed and discussions participated by dani tav

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dani tav

Op-Ed: Canada's deflating economy - 1 views

www.digitaljournal.com/...307371

Government attempts to Bail out Canada Debt Large Defecit

shared by dani tav on 01 Jun 11 - No Cached
  • The reason for the minimal GDP growth that we had was government spending increased over this period and government debt increased by about $139 billion.
  • Government Debt
  • The government is in a dilemma now. Despite the rosy forecasts they like to create showing how well our economy is doing there are reasons for major concerns.
  • ...4 more annotations...
  • The government's attempt to continue economic growth by borrowing has failed. Canada's economy is going nowhere and we are farther behind because of government debt. The future does not look much better for Canada's economy.
  • Canada's net debt had grown to $582 billion, up from $516 billion two years earlier.
  • Government spending cannot continue to increase especially when it is financed by debt. The recession was started by economies overloaded with debt. Rather than deal with the imbalances government decided to increase spending "grow the economy" and create more debt. Now we are in a predicament that there are no tools left for governments to throw at the economic problems.
  • government borrowing huge amounts of money to bolster the economy
dani tav

Government Collaboration Builds Growth - 0 views

business-journal.com/ion-builds-growth-p19266-1.htm

Government Collaboration Building Growth USA

shared by dani tav on 31 May 11 - No Cached
  • effective local government would play in improving northeast Ohio's economic future
  • conomic competitiveness component of the Fund for Our Economic Future
  • government efficiency and collaboration are relevant and timely topics in our region
  • ...5 more annotations...
  • We are beginning to see the positive results collaboration can bring, including significant savings to protect vital services and ensure our communities invest in innovation and education to create jobs and keep the region competitive in the global economy."
  • he rate of local government spending in Northeast Ohio is 70 times the region's population growth, 2.8 times its inflation rate and 2.4 times its economic output
  • government entities spend $20 billion to operate
  • ortheast Ohio residents have made it clear that more efficient local government is a regional priorit
  • collaboration of 100 foundations, organizations and philanthropists from across Northeast Ohio
dani tav

Wonkbook: Debt limit vote, part I - Ezra Klein - The Washington Post - 1 views

www.washingtonpost.com/...AGKSoMFH_blog.html

Government Spending Budget Cuts debt Housing Price

shared by dani tav on 31 May 11 - No Cached
  • a proposal Tuesday that would increase the nation’s ability to borrow money without also making major cuts in federal spending
  • initial request that the nation’s $14.3 trillion debt ceiling be lifted without any accompanying spending reductions
  • politically impossible.
  • ...7 more annotations...
  • o get my vote on the debt ceiling..Medicare will be a part of it
  • argued against using $80 billion in taxpayer dollars to try to save General Motors Co., Chrysler and many of their suppliers."
  • economy
  • he ownership rate is now back to the level of 1998, and some housing experts say it could decline to the level of the 1980s or even earlier
  • Cutting tax breaks for retirement won't raise a lot of money;
  • economists largely predicted the U.S. recovery would ramp back up as short-term disruptions such as higher gas prices, bad weather and supply problems in Japan subsided
  • medical school free
dani tav

Ontario Tories vow to cut government spending $600 million - 0 views

www.vancouversun.com/...story.html

Govenment Tax cuts Conservative

shared by dani tav on 31 May 11 - No Cached
  • Conservative government would cut $600 million in government spending in its first full year in office
  • he party says the cuts — which
  • cuts — which will reach $2.3 billion
  • ...3 more annotations...
  • reducing the size of government, forcing unions to compete for government contracts and reducing red tape on business
  • introduce forced manual labour for prisoners.
  • make it illegal to raise taxes without a clear mandate
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