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Wednesday, April 05, 2006

How about a nice little recession this spring? 

In Comments, Scott notes that what many of us have had so far from the Conservatives is actually a tax increase. No GST cut yet -- apparently its not happening until the April or May budget or even later, into July.
Personally, of course, I'm going to try like hell to avoid buying anything major until the GST is reduced -- no new car, no new flooring if we can possibly delay.
I'm no economist, but it occurs to me that if everyone else in the country does likewise -- and apparently I'm not alone -- then in no time at all Canada will have a nice little recession underway plus maybe a few business bankruptcies.
Great stuff, Stevie.

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