Friday, December 14, 2007

Is the political addiction to EI policy in New Brunswick bad economics?

It would seem that economist Yvan Guillemette believes it is. Not to mention, he sees it as a very inequitable situation:
"It isn't fair that somebody earning $10 an hour here in Toronto has to pay EI premiums to support somebody living off it for an extended time in New Brunswick."
His musings bring up an important point/question: What would NBers possibly do if the government reformed the EI system making eligibility more difficult for those reliant on it?

Well, for starters, I guess many living outside the three major urban centres would have to get used to the notion of commuting for work instead of just picking up that roll of toilet paper (1000 Sheets) on sale for $3.99. Inside joke.

On a more serious note, the government probably should attempt to get payroll taxes under control as the surplus in the EI reserve account is ballooning out of control. Let's just say, cutting premiums and ending the gouging once and for all would be a good start for all Canadians.

2 Comments:

At Dec 14, 2007, 4:35:00 PM , Anonymous Anonymous said...

I see one of your Mps, NDP Yvon Godin, introduced a bill which targeted more than 12 elements of the Employment Insurance Act, including the complete removal of the waiting period, increasing the benefit rate to 66%, as well as extending the length of the benefit period. How's that for ensuring addiction???

 
At Dec 14, 2007, 6:25:00 PM , Anonymous Anonymous said...

Not a surprise considering these individuals have also been on record for similar comments (and voting patterns) over the years:

Dominic Leblanc, Andy Savoie, Claudette Bradshaw and Angela Vautour.

 

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