Comment 102298

By notlloyd (registered) - website | Posted June 10, 2014 at 20:38:50 in reply to Comment 102282

http://opinion.financialpost.com/2013/02...

There are myriad of examples of economic warnings that Ontario is reaching a threshold of debt that will reduce us to third world status. We already spend $11 billion a year on interest. Imagine what that number will be if interest rates rise to 1980's levels. We will be bankrupt.

Given that income redistribution is the largest single Ontario expense after wages, I cannot see how we are wasting money on wealthy people.

Comment edited by notlloyd on 2014-06-10 20:39:16

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