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By A Smith (anonymous) | Posted November 08, 2010 at 21:27:19
From 2005-09, government grants to the city of Hamilton have jumped by 50.7%. In that same period of time, property taxes paid by people and business located in Hamilton, have only gone up by 17.4%. One might say, wow, that's great, more free money for Hamilton. But look at the result... Plant closures, layoffs, and more poverty. Hamilton's economy is worse than it was in 2005 even though we get more free money from other levels of government.
In the late nineties, when the the province and the Feds cut back on free money, Hamilton's economy was great. Lots of jobs, lots of steel production, etc. Since that time, both Hamilton and Ontario have been the recipient of more freebies and all this money has done is to kill good paying jobs. Without the NECESSITY to have to pay our own way, there is no need to create high paying jobs.
Jobs are like callouses, they only grow when there is a stress to create them.
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