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By bigguy1231 (registered) | Posted May 24, 2010 at 04:16:07
BobInnes
And where did you get your business or economics degree from dipshit. I got my business degree from Mac. My first degree was in Political Science from the same institution.
What does China have to do with Canada. Most Canadian debt is held internally not by China. There was a report out last fall, look it up. We are not the US. You must be watching too much American TV news.
As for Hamilton needing productive tax paying improvement I agree, but we are not going to attract taxpaying businesses to locate here if we have nothing to offer. I guess you haven't heard of the old adage " you have to spend money to make money". That applies to cities as well. Besides roads and sewers cities also build and maintain recreational facilities, that would include stadiums and arena's, for the use and entertainment of it's citizens. It's about quality of life. Companies take that into account when deciding where to locate.
It's small minded thinking like yours that has cost this city dearly over the last 40 years. Every time a proposal comes forward to improve this city, whatever it may be, people like you come out of the woodwork with the same old we can't afford it arguement. The reality is if we couldn't afford it we wouldn't be able to get the credit needed to do it. Bankers and investors aren't stupid, they are not going to lend money if they don't think it will be paid back. The city is a business and businesses borrow money to expand and make improvements. Increased revenues as a result of those improvements pay for the improvements. It's a pretty simple concept.
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