Comment 123148

By ASmith (registered) | Posted June 27, 2018 at 16:05:25 in reply to Comment 123146

1.) GDP growth increases tax revenues. 2.) Tax revenues pay for health care/education/etc.

What am I missing? If you want more govt programs, how are you going to pay for them if not by increasing Ontario's productivity?

As for growth being equated to cancer. Cancer is bad because it hogs resources. It starves the host. The same could be said of govt. When the govt taxes the economy too highly, it starves the economy of savings. Without adequate savings, the economy can't replace machinery/equipment needed to produce the necessities of life.

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