This is a reply to a letter submitted here recently by James Demetrick
“Liberal Budget Benefits All”. Jim disagrees.
I don’t know whether the statement is completely true or false. Without a line by line analysis, no one can know. But if there were any increases in spending in health care, education, social services, or job creation it could be argued that is a benefit to everyone either directly or indirectly. The size of the spending or benefit does not impact the validity of the statement.
To answer Jim’s question “Will infrastructure investments garner feasible financial returns annually or will they be nothing more than liabilities?”
These types of investments rarely are done on the basis of financial return .The short term and long term social benefits to our society as a whole far outweigh any financial return. Think in terms of something like Oliver without our parks. From the tone of Jims letter I would think this aspect of the investment would be preferred to financial gain. Middle class and wealthy people alike are entitled to a benefit from the taxes they pay as much as the poor.
On the topic of the provincial deficit.
This deficit was created by successive governments as far back as I can remember. There is no political party that can claim to be more financially prudent than any other. Did you write letters to the editor and vote Liberal, Conservative, Green or Social Credit when the N.D.P. had their turn at increasing the deficit?
In regard to Jims criticism of where the Liberal gov’t has spent our taxes. (Education, health care, social services versus infrastructure and subsidized job creation) I would suggest borrowing a book from the library on basic economics. Government can invest taxes in the present (health care, social services, bloated government and a host of other programs) or they can invest in the future ( infrastructure, education, subsidies to new industry etc.). Whatever the choice, in any sized economy, there are not enough resources (money) to do both. Spend too much today and some go hungry in the future, spend too much on the future and some go hungry today. Either way someone goes hungry. (It is a little thing called opportunity cost that creates the shortage). Economics 101.
Jim, you are correct about the upcoming election. “Social justice and human dignity” is one of the election issues. But you must ask from an economic perspective what is affordable now and in the future?
The periods of economic uncertainty you refer to are a worldwide problem, and are neither caused by or will be solved by any government we choose to elect in B.C.
When you talk of trust in politicians, I lost mine a long time ago. I think it happened when the priority of our elected officials changed to the demands of the party rather than the needs of the province and its people. More and more we see our politicians unable to respond unless they check with the party leadership. Heck, sometimes even the leaders have to check before speaking or defining policy.
We probably have the best example right here in our riding. Candidates from both major political parties were ousted by party management. It seemed to me that either one was capable of representing the needs of the people and the province.
I remain doubtfully hopeful that one day our government will evolve to include the best policies and people from both sides of the legislature to give the people the best governance available at the time. Why do we continue to eliminate half of our provinces talent and ideas on the basis of party affiliation?
Dave Mattes
Policy of Oliver Daily News to print letters from citizens of the Oliver, Osoyoos and Okanagan Falls area.