Thursday, September 09, 2010

Simple answers

POGGE reminds us that when the Harper Conservatives were elected in 2006, the Employment Insurance fund was estimated to have a huge surplus, something like $57 billion. Now they're talking about raising EI premiums because when the Harper Conservatives set up the Canada Employment Insurance Financing Board two years ago they only gave them $2 billion to start with.
So POGGE asks a very logical question which doesn't seem to have occurred to anyone else: What happened to the other $55 billion?
Easy. They spent it.
This has been another edition of simple answers to not-stupid questions.

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