Our neoclassical statistical economist Dr. Dale Orr of the global
consulting firm DRI-WEFA takes the United States' economic system as
the absolute benchmark to be replicated by the Canadian business and
political leaders and says that the reasons Canada has lagged behind
the United States is traced to higher taxes and higher governmental
debts.
We understand by now that the United States is not really the
economic model other countries have to follow as the gospel of the
Free Market, that is the gospel of making money with money, is
inherently flawed and as the economic growth of any country cannot
be disassociated from the fundamental societal and democratic
aspirations of their people.
We have shown in our writing how the higher economic growth of
the US has been characterized by an increasing violence and an
increasing inequality among people. Also, we have shown that Canada
has lagged behind the United States in terms of growth of Gross
Domestic Product (GDP) mostly for copycatting the economic policies
of the United States while at the same time using the philosophy of
the Free Market, that is the gospel of making money with money,
within their circles of friends of friends in politics, in
governmental bureaucracy, and in business.
Our economic and financial system is in disarray as highlighted
by the recent collapse of the Enron Corporation, and I find
interesting that our business gurus continue their useless
statistical correlation studies within a decrepit social and
economic system.
I am asking at this time why there are no widely publicized
studies reporting the statistical correlation between wealth
inequality and violence at home and abroad. Instead, we have to hear
yet another biased speculated linear correlation as Dr. Dale Orr
says "If Canada and the United States had the same debt burden,
we could increase health care spending in Canada -- now about
$70-billion annually -- by about 50% without raising taxes."
Our elitist business gurus live in their ivory towers while they
tell us to live in the world of "if" and it is about time that we
all live in the world of the living.
References:
Pertinent articles in Ensign
Tax burden unchanged in 7 years. Larger tax load than in
U.S. and bigger national debt cited in new report for sliding
dollar, fall-off in foreign investment Alan Toulin,
February 27, 2002, Financial Post
http://www.nationalpost.com/home/story.html?f=/stories/20020225/157234.html
Saskatchewan Party Caucus News Release, June 19, 2001 Independent
Analysis Says 2001 NDP Budget is Based on Assumption of Economic
Failure refers to study by Dr. Orr.
DRI-WEFA home page
National Post, Tax Report, February 2000, by Jill Vardy, Flow of
money into Ottawa could finance a host of treats, relies on a series
of quotes from Dr. Orr. |