February 13, 2016

3 fiscally conservative ideas Tory leadership hopefuls should consider (if they don't want to lose)

Joshua LiebleinRebel Blogger

During a radio interview this week, Kevin O'Leary completely destroyed all other challengers for the CPC leadership with two words: "Trudeau Peso."

With that single extremely politically incorrect phrase, O'Leary said everything that needed to be said about the dollar's plunge since Trudeau took over.

None of the warmed-over, passive-aggressive, toeing-the-line-of-civility talking points from the other camps are going to come close to that.

Now I went into this Big Unifying Conservative Idea project of mine with extremely low expectations.. But never did I dream that the rest of the candidates would just allow O'Leary to dominate them on this "corest" of core issues.

But then again, most of these people probably looked at Trump's second place finish in Iowa and concluded that the threat had been neutralized and nothing further was required.

They figure they'll just do a rock-paper-scissors in some back room somewhere to determine which combination of drop-outs and endorsements will neutralize O'Leary so they can go back to talking about Keeping Taxes Low, Deficits Are Bad, Support For Israel, and such.

Just in case that doesn't work out, here are a few bold ideas on the economy that someone might, if they're feeling adventurous, try on for size:

Support for a guaranteed minimum income
Remember when the Liberals decided to "mirror Harper's timeline on refugees" and the CPC acted like it had happened because they had said so?

Well, time for lightning to strike twice, because the Liberals are floating the idea of a guaranteed minimum income as they cobble together their first budget.

Is a guaranteed minimum income actually a conservative idea, you may ask? Milton Friedman thought so, which should remove all doubt in your mind.

It's exactly the sort of policy that would cause the Andrew Coynes of the world to shout "All is forgiven!" and throw themselves back into the Liberals' arms.

Commit to no increases in the federal HST
Since the Liberals now completely dominate Atlantic Canada and will do so for the foreseeable future, it's nice to see Rona Ambrose mouthing some words of support for people angry about New Brunswick's HST increase even though she can't really do anything.

The people telling her to do this no doubt remember the embarrassing months-long debacle that took place when the HST as a concept was introduced by the Harper government and every provincial conservative party decided they were going to oppose it.

You had Tories going to federal events on Monday saying the HST was wonderful and to PCPO events on Tuesday where the HST was a Dalton McGuinty tax grab.

So, in the spirit of keeping things safe, let's have a leadership contender say that if they are elected leader, a CPC government sometime down the road won't raise the federal HST.

Independently audit the government's figures
Every time the Liberals ride back into power, they loudly announce that the allegedly fiscally conservative previous government ran a deficit.

It comes in handy later when they jack up the deficit even higher and the conservatives complain. They say, "Oh yeah? Well you also ran a deficit, so your facts are MEANINGLESS!"

It's worked wonders for the Ontario Liberals, who have been doing this to the Ontario PC's for a decade.

To their credit, the CPC is actually denying the charge rather than shamefacedly wearing it, but of course the Liberals aren't going to be deterred, which has given the spectacle of the government and the opposition shouting, "Yes you did!" "No we didn't!" at each other for weeks.

Here's a wake-up call:

Government fiscal projections and estimates aren't worth the paper they're printed on. The people putting these together will tell you with a straight face that there's not a big difference between $1 billion over or $3 billion under in a $25 billion budget. It's all peanuts to them.

So since the whole thing is basically theatrics, let's call a photo op -- it can be right in front of a Bay Street tower so people don't have to travel very far -- and have a bunch of annoyed-looking suits stand behind a leadership candidate and promise to go over the government books and not stop until they get the straight goods.

You don't actually have to go through with it because Lord knows what kind of skullduggery you'll uncover, but at least show you can use the assets that are provided to you.


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commented 2016-02-15 18:22:15 -0500
But alas, that is her job. the more poor people, the more need for socialism. But sooner or later socialism comes to a crashing halt because there is no more capitalism to support socialist ideals….
commented 2016-02-14 20:31:25 -0500
In my book O’Leary is already dead in the water. This boy is too pacifist – particularily on Islam/Muslims – to be a leader. He doesn’t have the balls to be on the international stage. I like a lot of what he has to say but unless he’s able to man up he is not worth the Conservative leadership.
commented 2016-02-14 14:01:23 -0500
Sean P…….LMFAO!!! I would bet everything i have that if the CPC were in government, you would be singing a different tune. You leftist progressive fucktards are soooo predictable.
commented 2016-02-14 10:55:34 -0500
Shannon, you are correct. We should not respond to him or others like him here to cause disruption.

He is correct, however, that there are other mitigating circumstances that affect the dollar. What irks me is that Sean Penson and those like him swore up and down (both with curses and as an absolute declaration) that when the dollar dropped during Harper’s government that it was all Harper’s fault only, but now that a spend-a-lot “the books will balance themselves” Liberal government in office, the hypocrites change their song. And this particular hypocrite even claims that “just because a governing party is slightly centre left should not affect it.” This, of course, is willful blindness and stupidity.
commented 2016-02-14 09:12:29 -0500
How about none of us respond to any of “Sean Penson’s” comments. Ever! Nothing drives one of these trolls more nuts than being ignored. Thanks…………..
commented 2016-02-14 04:55:04 -0500
Canada enjoys considerable fiscal independence, because it has its own sovereign currency. Though, I suspect that provincial and federal debts will skyrocket, leaving the Bank of Canada to absorb all those toxic bonds, by printing more money. Yes, that’s right. JT is going to put more money in your pocket by printing more money. And he will also keep those interest rates at zero (or negative) so the money will flow freely. Soon enough, Canadians will be flush with cash. Need more? JT will just issue more. This is an old trick that Greece did for many decades: print more Drachmas, then let inflation devalue the currency and the bond debt. Of course, Greece was extremely poor, until they joined the Euro-zone. Then, they had a currency of real value. But old habits die hard, and Greece kept up the borrowing. Now, Greece is even poorer and a train wreck of a country.

Destitute and an Islamic super-state, Canada has such a bright future ahead of itself.
commented 2016-02-14 02:11:34 -0500
However the Canadian dollar fluctuates in the market can or cannot be directly the fault of the government of the day. There are various mitigating factors that affect the value of the Canadian dollar, and just because a governing party is slightly centre left should not affect it. As long as we can get our resources out there, and remain in good terms with the United States, the European Union, the Peoples’ Republic of China, and the United Nations should work in our benefit. Whether or not the new government decides to raise taxes, and further redistribute wealth shouldn’t be a factor. I am not advocating a taxation rate that European social democrats of the 1970s believed in (which was as high as 97.5% of income above a certain tax free level), but more should be done to redistribute the wealth of the 1% to the remaining 99%
commented 2016-02-14 00:13:00 -0500
A minimum guaranteed income was most definitely a Conservative idea. I don’t think this question should be asked, as it plays into the hands of those that want to believe otherwise. It’s already been acknowledged as such by most of the Left. All that aside, it’s also been shown as not a good idea in the end. It causes as many problems as it solves.
commented 2016-02-13 20:27:21 -0500
Milton Friedman did not consider his negative income tax idea to be a conservative idea. He said it was better than what existed at the time with relations to welfare. In any case, this idea of a guaranteed minimum income was already tested for a decade under the Carter, Ford and Nixon Presidencies. It failed, it led to huge increases in the number of people on welfare and the amount they received under it. The program was set to continue for another set of years (it was a test program) but it was dropped because it had proven to be such a failure.
commented 2016-02-13 17:58:21 -0500
Kevin O’Leary is the perfect person to sound off about the disaster that is Trudeau, Wynne and Notley. He is respected to the point that people listen to him and that is all that matters. Some right wing group or perhaps the CPC should get him on the payroll and let him loose. Doug Ford could probably handle most of Toronto.