One of the jewels in the crown of Labour's time in office was the rescue of the National Health Service. As the Commonwealth Fund the London School of Economics and the Nuffield Foundation have all shown health reforms as well as additional investment were essential to improved outcomes especially for poorer patients.
One state retiree 49 years old paid over the course of his entire career a total of $124 000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500 000 for health care benefits - a total of $3.8m on a $120 000 investment.
Medicine to produce health must examine disease and music to create harmony must investigate discord.
A great deal of intelligence can be invested in ignorance when the need for illusion is deep.
Urban America has been redlined. Government has not offered tax incentives for investment as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out they've redlined it. Clearly to break up the redlining process there must be incentives to green-line with hedges against risk.
The government's desire to expand global trade may be understandable but we mustn't give away too much. We must tell our elected representatives to at least delay the Canada-China FIPA until it has been examined more thoroughly and to reconsider the inclusion of investor-state arbitration mechanisms in all trade deals.
Look I think the worst case scenario is obvious. I think first of all it doesn't work for very long. It's an unstable government that raises taxes and destroys the image we're building for Canada as a strong place to invest.
The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don't invest their holding too much money. We haven't heard that kind of talk except from pure socialists. Everybody's afraid of the government and there's no need soft peddling it it's the truth. It is the truth.
We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt half of that to foreigners most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save invest innovate and work.