Held hostage till election

letters

The HST Referendum is almost upon us and I just received my HST Referendum Voters Guide.

Notable in the Voters Guide is that the “No” side, the “Yes” side and the “Independent” panel all play the fool’s game of predicting the future, with or without the HST, in absolute terms. ie: with the HST there will be 24,400 more better paying jobs, with the HST the economy will be $2.5 billion larger and the economy will produce $1.2 billion more in exports. Since we know no one can predict the future absolutely, what choice should we make?

A wise man (probably Dr. Phil) said the best predictor of future performance is past performance. Fortunately for us we have a past event in our history to use as a reference point. When the federal Conservatives introduced the GST in the 1980s they made the same claims about the benefits to come as the HST proponents do now. However, since the GST was introduced manufacturing has moved off-shore, (try buying something manufactured in Canada) real inflation since then is over 900 per cent, (try to buy an average home for under $100,000 today) job growth has been mainly in the McJobs sector, and homelessness and poverty havegrown exponentially. That’s the good news.

The bad news is a world in recession is unlikely to come flocking to our door because of our enlightened tax structure. Like the GST the people most likely to flock to our door are those with money who, because of our friendly investment climate, intend to make more money and stash it off-shore.

I predict that voters will gamble that Ms. Clark will lower the HST to 10 per cent by 2014 and vote to keep it because at 10 per cent it will be the least painful to most of us. That being said, why doesn’t she lower it to 10 per cent now instead of holding us hostage until the next election?

Chris deRosenroll

Sooke

Just Posted

Emergency crews at scene of accident at Sooke’s Camp Bernard

First responders are on the scene of an accident at Camp Bernard,… Continue reading

UPDATE: Firefighters bring Sooke wildfire under control

Firefighters have a wildfire that burned an area about 100x150 feet at… Continue reading

Sooke club gets kicks out of karate

Sooke Martial Arts Association provides unique sports outlet

Langford has ‘no plans’ to make changes to Western Speedway after noise complaints

Flyer passed out to residents voices concerns over racetrack noise

Victoria police hand out Civic Service Awards

June 24 awards include recognition for help on days-long fire, cannabis robbery, volunteer service

VIDEO: Acknowledging skeptics, finance minister vows to build Trans Mountain project

Bill Morneau said he recognizes ‘huge amount of anxiety’ in Calgary over future of oil and gas sector

B.C. man faces deportation over father’s honour-killing conviction

Father lied to immigration, was later acquitted of charges in Jassi Sidhu’s murder

RCMP allows officers to grow beards

Members can now wear beards and goatees, as long as they’re neatly groomed

Sooke’s new library construction a sad tale

Reader says if the public library project was in the private sector, heads would roll

Girl, 10, poisoned by carbon monoxide at B.C. campsite could soon return home

Lucille Beaurain died and daughter Micaela Walton, 10, was rushed to B.C. Children’s Hospital on May 18

30 years later: B.C. woman uses sidewalk chalk to reclaim site of her sexual assault

Vancouver woman didn’t think her powerful story, written in chalk, would ignite such support

Slain friend motivates rookie football player to make it with hometown B.C. Lions

Jaylen Sandhu, stabbed to death in 2014, a source of inspiration for promising RB Jamel Lyles

Driver of stolen vehicle caught after fleeing accident scene in Island community

Section of Chemainus Road closed until suspect located and eventually taken into custody

Home care for B.C.’s elderly is too expensive and falls short: watchdog

Report says seniors must pay $8,800 a year for daily visits under provincial home support program

Most Read