The Time for Progress: Dentacare, Pharmacare

Let us assume that we have created an economic climate of growth and employment, where there are more people working than ever before. Deficits have been eliminated, and we have a plan to eliminate the debt (which is also important. All it takes is a few economic downturns before the debt burden becomes too great on the nation. This in turn will discourage business and the country will end up digging a deeper and deeper hole trying to stimulate the economy with little success. We need to make sure we have the room to endure downturns.) Things are looking good, and current expenditures are sustainable. It is time for progress.

I know a lot of Liberals and NDPers would like to progress faster than this, but I believe that progress at too fast of rate is self-defeating. Everything ultimately ties back to GDP and the economy. Progress too fast, and the programs will be unsustainable and the case for cuts will be made. To progress without careful consideration of the economy is like borrowing money to buy a new vehicle without having any job security. The case for certain programs (especially those that better help people provide for themselves, or help those that are unable to) can be made all the time, but the “nice to haves” need to wait until we can afford it.

The first “nice to haves” I would like to see implemented are Dentacare and Pharmacare. These types of programs would benefit almost everyone, and not just a select few. It would be nice to know that getting sick and needing prescriptions, or needing to fix aching teeth, wouldn’t mean less disposable income. This could also give Canada an additional competitive edge to employers.

Progress is good, but we have to make sure that it can be sustained. Otherwise we become our own worst enemy.

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2 Comments

  1. Indeed, it takes time. Unfortunately, the low corporate taxes and corporatism that both the LPC and the CPC have adopted will NEVER lead to the ideal condition about which you are speaking.

    Reply
    • I can agree that lower corporate taxes can’t be the be-all that ends all, as some would have it. That is illogical. Regardless, the goal of taxation is to provide government with money. If corporate tax cuts actually result in the collection of more corporate tax money, then I don’t see how that is a bad thing. Multinational companies have started shifting profits from high tax countries and recording them in Canada. The more multinationals that shift their profits (and pay their tax) in Canada, the more money the government collects. We cannot collect any tax from a multinational that records their profits in Australia. This isn’t always fair, but why would someone pay $50 tax in Canada, if they can pay $10 tax somewhere else?

      If we really think corporations are selfish, then it becomes absolutely impossible to expect that we will be able to increase their costs without it resulting in some unintended consequences. We can raise corporate taxes to 30%, but if it leads to greater unemployment, fewer multinationals reporting in Canada, higher costs for goods and less business start ups in Canada, then it has done more harm than good. The optimum taxation level isn’t always the highest tax rate.

      When Stephen Harper took office in 2006, Liberals did have reduced unemployment, budgets were in surplus and debt was being paid down.

      Reply

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