I know I wrote about the budget yesterday but I feel I should say something about it today now that it’s been implemented. What should I say? How about &$#@? Their big idea to increase revenue was to raise taxes on fuel. What visionaries.
One of the province’s biggest employers is the trucking industry. And how will higher diesel prices affect them? McConnell Transport Ltd in Woodstock announced it would be cutting its staff’s wages. Unless carriers can find an alternative mode of transporting the good, others will follow suit and/or have to raise their rates. This will make everything on the grocery shelves and everything else that’s trucked more expensive.
Experts are predicting the ongoing events overseas will drive fuel prices even higher. We should see $1.50 per liter right away and up to two dollars in the not so distant future. Shouldn’t the government have looked at other ways to shore up some revenue? Could they be any more short sighted? Raising taxes is one of the worst ways to jump start the economy, because it forces people to budget more and spend less. It’s a waste of time.
At the end of the month Enterprise Greater Moncton is hosting a post budget discussion with Premier David Alward. Tickets are fifty dollars apiece. Fifty bucks is a lot of money to see an idiot in person. You can see him for free right here. No, he’s not on the horse. Just go behind it and lift it’s tail. Hellloooo David!