Trickle down economics has never worked. Ever. Yet it was tried again here in BC when the BC Liberals took office in 2001 with results that literally anyone could have predicted.
Now a former Gordon Campbell cabinet minister reflects back on the times that were and thinks it wasn’t good times. We could have told you that Mr Abbott, but you went along with it anyways.
It’s worth noting that former BC Premier Gordon Campbell is advising the Ford gov’t in Ontario, ostensibly with a mandate to uncover areas worth cutting funds to.
New Alberta Premier Jason Kenney has also diverted some of that stinky BC Liberal bathwater to help his new govt settle into power.
This isn’t going to work out well for Alberta or Ontario.
“Tax cuts pay for themselves” is a rebranded “trickle down economics” and it’s never worked, not a single time. Yet we’re drifting towards parties that believe in this mythology.
Don’t fall for it again.
My2bits
The view from Pete 