|Hudak's bad math has been under a|
microscope since day one of this campaign.
Hudak is, of course, proposing the slashing of 100,000 public sector jobs - one out of every six public employee in the Province. This would include teachers, educational assistants, paramedics, welfare workers, child protection workers, occupational therapists, behaviour therapists, group home staff, probation officers, jail guards, personal support workers, speech and language pathologists, communication disorder specialists, nursing home staff, water safety inspectors (think Walkerton here) and the list goes on and on. These are highly trained, dedicated people who make a difference in our communities.
|Hudak wants to eliminate these |
dedicated people who make
a difference in our communities
in favour of a 30% corporate
This "public sector genocide" would, of course, supposedly offset the gigantic loss of revenue that would occur as a result of reducing corporate taxes in Ontario by 30%. Hudak's conservative ideology would have us believe, that this tax break to big business, would "trickle down", thereby creating a million jobs and reinvestment in the Province.
It's a quaint fairy tale that, but Mr. Hudak either doesn't understand or doesn't care about the devastating impact of his destructive platform, either on the middle class of this Province (a great number of those public service jobs are middle class), or the vulnerable and needy people whose lives depend on the hardworking public servants he wishes to fire.
The truly sad part is, that there are so many citizens who take the Conservative leader's numbers at face value and also don't understand the devastating course Hudak is plotting. They simply don't grasp that what he is proposing, is nothing less than a crime of colossal proportion against our Province, our communities and the citizenry as a whole.
But Hudak's corporate tax cut theory has already been disproved by circumstances at the federal level.
In 2005, the year before Stephen Harper came to power, unemployment in Canada stood at 6.8%
After drastically slashing corporate taxes across the country to record low levels and imposing similar crippling cuts on the federal public service that has devastated the lives of multitudinous Canadians (such as our veterans), unemployment currently sits at 6.9%. And this does not include the 39% of unemployed Canadians who have simply "given up" looking for work. Since Harper's tax breaks then, Canada has seen a net increase in unemployment of +.1% nation wide over eight years. So there are actually slightly more people unemployed now (discounting the 39% who have given up) than there were before the massive tax cuts. What happened to all the jobs?
Well aside from the fact that there was a recession midway through those eight years which saw unemployment peak at 8.3% in 2009, jobs have been slow to rematerialize in the five years since then. There has been no evidence of "trickle down" and in fact, corporations are sitting on any savings they may have gained from their tax breaks. All of which prompted former Bank of Canada Governor, Mark Carney to call on corporate Canada in 2012, to reinvest the vast amounts of "dead money" they were sitting on. In essence, big business has been hoarding it's savings from lower taxes rather than using them to benefit the economy and the country.
And recently, The Conference Board of Canada has found that cuts to corporate taxes alone will not create new jobs without Government stimulus. In fact, they discovered that government spending on it's own, will create more jobs than reducing corporate taxes. But Harper, clinging to his Calgary School dogma, has already implemented what Hudak is proposing - austerity measures that are just the opposite of The Conference Board's findings and that have proven to be detrimental to our economy and to our society as a whole.
But what Harper has succeeded in achieving, is the creation of a large number of part-time "McJobs" with no benefits, no retirement savings and low wages. Hardly the kind of employment that is suitable for Canadian families. And Mr. Hudak is proposing the exact same thing for Ontario. The PC's plan would guide Ontario down a dark and foreboding path that would lead to large scale, long term suffering. Our economy would experience immeasurable if not irreparable damage.
And in the meantime, those 100,000 out of work public servants would end up selling their homes and slinging burgers at McDonald's in a desperate attempt to make ends meet. And only God knows what would happen to the people who used to depend on them. But it's a safe bet that their diminished and discontinued services would likely result in thousands of them ending up on the streets, in hospitals and in our jails, thereby negating any savings Hudak ever hoped to gain from terminating their supports.
|Ontario's most vulnerable would be hurt the worst.|