In the 90’s

Here on a CBC news article, someone posted the following:

“Last time I checked, we’d all be in very rough shape without “big business”. Remember the ’90’s?”

Well I do remember the 90’s.

In the 90’s we weren’t bombarded with product placement or brand advertising at every turn. In the 90’s Canada was still a nation of peace keepers. In the 90’s we didn’t live in the shadow of terror. In the 90’s the cold war ended. In the 90’s the BC public still owned the utilities and the rail lines. In the 90’s we didn’t have the lowest corporate taxes in the g8. In the 90’s we worked to heal the hole in the Ozone. In the 90’s our hospitals had enough beds for their patients. In the 90’s our children had reasonable class sizes and special needs students received the assistance they needed with properly funded programs. In the 90’s our arts and culture were adequately funded. In the 90’s tuition rates were still frozen. In the 90’s 13 year old children couldn’t be exploited for $6 an hour, the youngest of any developed nation. In the 90’s reality television hadn’t yet replaced educational programming.

The 90’s were great!

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~ by TerminalSix on 20/08/2010.

One Response to “In the 90’s”

  1. One of my posts on the CBC article:

    LTDEdition wrote:Posted 2010/08/20
    at 12:20 PM ETHassel99 Wrote:

    “To all the people who are against business..where do you work?
    (honest question)”
    ————————-

    This is a clear attempt at making people look like hypocrites. The problem is, it doesn’t work. The HST was a good idea. We can all agree harmonization of taxes does help business. The problem with it is that we are being taxed on items that were previously exempt (an exemption clause could have easily been added to the HST). This is part of an ongoing trend whereby businesses are taxed less (we have the lowest corporate taxes in the g8). And the poor are taxed more.

    That said, if you tax the poor (the ones without additional desposable income) then they can’t spend that money.

    If you however, raise minimum wages, ease the tax burden of the poor, tax business and improve job training and education and social assistance for the poor then those who can’t afford to save (ie, have to spend all their money to get by) will put an even greater ammount of money into the economy and back into business.

    The economy, and business in general, doesn’t work if you have someone making a lot of money and holding onto it. What you need is money to constantly flow. Money comes in and should go out just as quickly. This is why money is a liquid asset. It facilitates commerce as long as it continues to flow. If it stops, then the economy stops. Right now, I can hardly afford to spend aside from food and rent (thus I don’t really add much to the economy). If I was taxed less or earned more then I could spend more and thus add extra money into the economy and into local businesses, allowing them to make more and thus spend more on services and wages thus perpetuating the cycle and increasing the flow of money.

    This isn’t anti-business.

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