Finally, the price of our souls is calculated, and the outstanding invoice comes in at $43.1 billion.

That’s how much number crunchers in Ottawa reckon it will cost to initiate a national minimum income program across this vast and wondrous land. It sounds a lot, but honestly, who knew Canadians could be bought so cheaply.

This national income lark has been merrily bubbling away in various parts of the country for a few years now. Ontario tried a pilot scheme a while back, and the B.C. government (golly gee, who could ever have guessed) is now giddy at the prospect of investigating such regulated handouts in the province that reality forgot.

So, not to be outdone, the feds did a back-of-the-envelope calculation to figure out what it would cost for an initial 7,500,000 Canucks to be first in line for such a glorious handout; hence, the aforementioned number.

Of course, at this stage, the minimum national income chatter is just theory, but rest assured it is coming, as surely as that Monday morning will arrive in all its blurred glory after that last night of Stampede partying.

And while it may not be with us tomorrow, please understand that once governments get their assorted meaty paws wrapped around a scheme making ever more people dependent upon them, it’s just a simple matter of time until we’re merrily munching at an even more fulsome, officially sanctioned, trough.

The economics of this really aren’t what’s important — blending payments of EI, Old Age Security, social assistance handouts, GST rebates, and blah, blah to eternity. Nor whether the initial cost will be $40 billion a year or $140 billion (though a betting person would wager quite heavily on the latter).

Money they can print aplenty until, like today’s Venezuelans, you can take it home by the bucketful yet still not …read more

Source:: Calgary Herald

      

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