March 20, 2007 @ 09:12
Yesterday's budget certainly was an interesting piece of work. A Conservative budget that was very un-Conservative with an avalanche of spending in some well intentioned places, but spending that probably won't have a lot of impact.
Even though the Conservatives claim this was a budget for hard working Canadians I'm not so sure it really helps that big lump of people known as the middle class.
Roughly 50 percent of the tax breaks assist those Canadians making less than 37 thousand dollars a year, but event then; it doesn't amount to more than a few hundred dollars a year.
The middle class won't really see much of a difference either. A family with two kids might realize a tax break of 620 dollars a year, but that's only 51 dollars a month. Middle class Canadians deserve more than that.
Hell, 51 dollars a month is being gobbled up by the wretched oil companies right now, and there was nothing in the budget to address those thieves.
Some might argue the lifting of limits on RESP's will help the middle class, but an RESP is no good unless you can contribute to it and a lot of middle class Canadians have trouble doing that.
There's no doubt the Conservatives were caught in a tough situation with this budget, but that doesn't make it any less disappointing. They were forced to buy votes in Quebec with a huge equalization consideration, and they got sucked into the environmental trap by proposing several standards that could severely affect the North American car industry.
Over-all it was a budget that sounds better than it actually is, and represents just another step in the Harper government's quest to position themselves for a majority government down the road.