The Pursuit Of Leisure

100% correct, 50% of the time. A tongue in cheek look at culture both high and low.

Wednesday, May 03, 2006

Wednesday Chatter.

Ralph Goodale presented the Liberal's new budget yesterday to great fanfare. What's that you say? It was Jim Flaherty announcing the Tories first federal budget in over 10 years? Damned if I could tell the difference. While it may be politically astute (questionable), it is completely gutless. Where is the capital gains tax deferral that would have spurred so much investment into Canadian companies? They give more money to farmers? Bus passes are deductible but no cut to gas taxes? They cut the GST by 1% but that doesn't mean much. It will cost $10 billion over two years in lost revenue. As Andrew Coyne points out today, they could have cut the top two tax brackets 3% each, and the lowest 1% and it would have cost the exact same thing. What would have spurred more economic activity? As for making clear the distinction between federal and provincial responsibility, well, forget that. Spending on health, education, and public transit? But hey, at least they all but said global warming is nonsense. Full points for that.

It look like the Leafs are going ahead with anming Paul Maurice as their next head coach. I think he is a great choice. He works well with the young players, has enough experience to work with the veterans and will be great dealing with the Toronto media.

How did the Flyers play so badly in a must win game last night? Horrible.

I am sticking with Devils-Sharks in the finals. I can't see how either one of them doesn't get out of their conference.

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