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By A Smith (anonymous) | Posted April 02, 2009 at 19:16:57
Ryan >> we need to ask why it blew up when it did. Why not five years earlier, or a year later?
Click the second link "1991 to current"...
www.nahb.org/page.aspx/category/sectionID=135
>> Prior to the 1990s, financial institutions weren't allowed to loan money to people who couldn't afford to pay it back.
Why would lenders want to loan money to those unable to pay it back?
>> From a public policy perspective, we have the choice of 1) creating a framework that encourages and incentivizes desirable behaviour,
So if we want to encourage investment, we should cut the capital gains rate and corporate tax rate, if we want to increase employment, we should cut payroll taxes, if we want to increase consumer and business spending, we should abolish the HST.
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