Creating jobs in China means losing jobs in Canada

Editor:

Let me get this straight.

Editor:

Let me get this straight.

Back in 2008 as the world economy was in the throes of collapsing, Stephen Harper was sitting smugly in denial that there was any sort of problem.

As a matter of fact, he was staunchly defending the deregulation of our banking and financial system.

At some point in time the Conservative party finally woke up to the reality and, although we were all being told on a daily basis how healthy our banking system was, the Conservatives handed over $75 billion to Canadian banks “just in case” the situation got even worse.

This money was handed over without debate and with no strings attached.

Now we’re supposed to swallow another gift to the corporate elite of our country by buying into billions in corporate tax cuts because, as the theory goes, these cuts will mean jobs.

Even iconic Canadian right-winger Kevin O’Leary preaches investing where the money goes, which is China.

In other words, corporate tax cuts means freeing up money to invest more in China. To underline the reality, I noticed the other day that Sherwood Hockey Sticks has finally shut down its last plant in Canada and moved to China.

I really don’t think Canadians should be thrilled that jobs can be created in China so that jobs can be destroyed in Canada.

Maybe this is good for the wealthy and elite of the global economy, but it ruins families and local economies here at home.

I wonder at what point in time the Canadian people are going to realize that the cupboards are being raided and it is not in our best interest.

Dave Ligertwood

Williams Lake

Williams Lake Tribune