By Fraser Institute —— Bio and Archives--February 13, 2024
VANCOUVER—The federal government could balance its budget in one or two years with only modest spending restraint, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“There are a few different options the federal government could take to balance the budget over the short-term depending on the degree to which they’re willing to show restraint in the growth in spending,” said Jake Fuss, director of Fiscal Studies at the Fraser Institute and co-author of A Case for Spending Restraint: How the Federal Government Can Balance the Budget.
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By Jesse W Brogan on 2024 02 13
The challenge is change management, and I do see one direction. It is recognition of taxation as a government taking of private property for a future public purpose. Taxed dollars then are citizen property until spent upon something that the taxpayer values. It otherwise only supports the general operation of government, not expenditures on charity, foreign wars that prevent future losses, support of foreign needs or the like. Enforcement might be through recognizing our representatives as our agents, where misspent tax dollars can be recovered from elected officials earnings instead of from regular taxpayers.
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