« Stretch Pants + Art = Bad Ass Leggings | Main | From the Highs of Dressing Like a Dude, to the Lows of Dressing for the Office: My Year in Fashion Rehab »
Monday
Mar042013

Alberta: Ghetto Rich, Oddly Enough

 

 

A few weeks ago the Alberta Finance Minister revealed that Alberta, Canada's wealthiest province, is facing a $4 billion deficit.

To summarize, I now live in a province where nineteen year old, high school drop outs score $100,000 + a year jobs, yet our basic, social services are being threatened due to government impoverishment. As of friend of mine once eloquently stated, "I've never seen a place with so many poor - rich people," and now that statement reflects the condition of our government, as well.

Via Calgary Herald:

It's a strange government that's broke in the midst of plenty

Personal income is up. New Albertans pour in by the thousands. Calgary’s housing market is suddenly red hot. Overall household spending is buoyant. Real economic growth next year is expected to retreat slightly — to 2.9 per cent. Most other provinces would weep with envy. The provincial treasury benefits from all this growth, collecting more from corporate and personal income taxes, as well as cash from sales of licenses, fees, booze and much more. And yet, Premier Alison Redford’s PCs are about to book a deficit of $3.5 to $4 billion for this year alone.

Personal income is up. New Albertans pour in by the thousands. Calgary’s housing market is suddenly red hot. Overall household spending is buoyant.

Real economic growth next year is expected to retreat slightly — to 2.9 per cent. Most other provinces would weep with envy.

The provincial treasury benefits from all this growth, collecting more from corporate and personal income taxes, as well as cash from sales of licenses, fees, booze and much more.

And yet, Premier Alison Redford’s PCs are about to book a deficit of $3.5 to $4 billion for this year alone.

- See more at: http://www.calgaryherald.com/business/Braid+strange+government+that+broke+midst+plenty/7987791/story.html#sthash.xf3JURzG.dpuf

Personal income is up. New Albertans pour in by the thousands. Calgary’s housing market is suddenly red hot. Overall household spending is buoyant.

Real economic growth next year is expected to retreat slightly — to 2.9 per cent. Most other provinces would weep with envy.

The provincial treasury benefits from all this growth, collecting more from corporate and personal income taxes, as well as cash from sales of licences, fees, booze and much more.

And yet, Premier Alison Redford’s PCs are about to book a deficit of $3.5 to $4 billion for this year alone.

- See more at: http://www.calgaryherald.com/business/Braid+strange+government+that+broke+midst+plenty/7987791/story.html#sthash.xf3JURzG.dpuf

Personal income is up. New Albertans pour in by the thousands. Calgary’s housing market is suddenly red hot. Overall household spending is buoyant.

Real economic growth next year is expected to retreat slightly — to 2.9 per cent. Most other provinces would weep with envy.

The provincial treasury benefits from all this growth, collecting more from corporate and personal income taxes, as well as cash from sales of licences, fees, booze and much more.

And yet, Premier Alison Redford’s PCs are about to book a deficit of $3.5 to $4 billion for this year alone.

- See more at: http://www.calgaryherald.com/business/Braid+strange+government+that+broke+midst+plenty/7987791/story.html#sthash.xf3JURzG.dpufPersonal income is up. New Albertans pour in by the thousands. Calgary’s housing market is suddenly red hot. Overall household spending is buoyant. Real economic growth next year is expected to retreat slightly — to 2.9 per cent. Most other provinces would weep with envy. The provincial treasury benefits from all this growth, collecting more from corporate and personal income taxes, as well as cash from sales of licences, fees, booze and much more. And yet, Premier Alison Redford’s PCs are about to book a deficit of $3.5 to $4 billion for this year alone.

As expected, talk of implementing a provincial sales tax is in the works. While I don't have enough education to comment on that from a critical perspective, the thought of paying more taxes gets my panties in a knot when 80% of my earnings already go to bills and the government.

Via Bonnyville Nouvelle:

Alberta's problem is too much spending

Introducing a sales tax or health premium will generate revenue, but will penalize the most vulnerable Albertans for the government’s poor fiscal management.

It’s baffling that the government can consider charging low-income families $1,056 per year for a health premium when it spent roughly $114,000 on unused hotel rooms for the London Olympics.

Via Beacon News:

Alberta oil money: Where did it all go again?

According to the linked article above, Alberta is like a popular, discount hooker:

"The transfer of public wealth to private shareholders is blistering, and our own government, rather than fighting like an owner, or even thinking like an owner, is just happy to find investors who want to cash in.” (Those investors, Dr. Taft noted as an aside – well before this became a national scandal – are frequently state-owned companies from such places as China, Abu Dhabi and Korea.)

With that in mind, Occupy Edmonton is encouraging people to write Premier Redford a love letter.

And while on the topic of capitalist exploitation (via Rabble):

Keystone XL pipeline: Bad for the environment and Canadian workers

"The problem is not [personal] consumption, it is our economy and production. Our system is broken on a systemic level. The destruction of our environment is a natural and inevitable result. Without radical change we will be faced with extinction. Resistance in these times is not an option. It is a duty."

In more inspiring news, the Edmonton Public Library recently presented kick-ass, Pulitzer Prize winning journalist, Chris Hedges as part of their Freedom to Read Week, where he spoke about corporatism and corruption, the assault on civil liberties and the environment, and the vitalness of resistance.

His full presentation can be watched here:

"It seems in America we make every mistake humanly possible, and then ten years later, Canada decides to copy it." - Chris Hedges

 

References (2)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Lojo Manifesto - Home - Alberta: Ghetto Rich, Oddly Enough
  • Response
    Lojo Manifesto - Home - Alberta: Ghetto Rich, Oddly Enough

Reader Comments (2)

I can flash $33 and a way better gun that that guy.

Mar 8, 2013 at 6:13 PM | Unregistered CommenterPatZ

I can't say the same for myself, but I can DEFINITELY make a better duck-face.

Mar 9, 2013 at 9:59 PM | Unregistered CommenterLojo

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>