How the NDP will drive up prices.
April 5, 2011
Jack Layton wants to double CCP payouts and he says that businesses can “absorb” the cost.
ORLY?
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Yeah, the absurdity is that the Conservatives had negative comments because they increased EI by 7 cents per $100 and granted a job creation credit to offset. Jack is promising a permanent increase of CPP of 2.85% (That’s 2.85 per 100) and nobody says anything. Not only that, the CPP as it is currently set up is a crappy investment where only 20% of current contributions are invested for future payouts. What do you figure Jack wants to do with the other 80%?