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View Full Version : Canadians: NDP Resolution on Getting Rid of the Tax and Spend Label



drjjg
02-06-2007, 09:45 PM
The following is a resolution put forward by the Ontario NDP.


"Whereas there is a perception that the NDP just wants to tax and spend, and cannot be trusted to keep spending under control; and

Whereas the national debt increased by more than 3000% from $18 billion in 1974 to $588 billion in 1997 while Liberal and Conservative governments were in office; and

Whereas Canadians fear that NDP programs will cause taxes to go up; and

Whereas many Canadians will be reluctant to give the NDP their vote if the perceptions and myths are not shown to be wrong;

Therefore, be it resolved:

1. That the Ontario NDP explain clearly and simply that:

(a) The Liberals and Conservatives are the incompetent money managers, not the NDP;

(b) The NDP would not have to increase taxes to pay for its programs because it would use the Bank of Canada to carry a significant portion of the public debt and apply the interest charge savings to programs, infrastructure and assistance to small- and medium-size businesses;

2. That the Ontario NDP press NDP Canada to do likewise.

BACKGROUND. Jack Layton, in his new book, Speaking Out Louder, talks about the "question that is frustrating," " the perception that people have that…they see [the NDP] as wanting to just tax and spend. They say they can’t trust [the NDP] to keep spending under control."

There is a myth that Paul Martin was a great finance minister because he got rid of the deficit, but he did this by firing thousands of civil servants and downloading responsibilities to provinces without adequate financing, whereas he could have reduced the deficit and avoided the downloading, harsh treatment of civil servants and destruction of social programs by transferring debt to the Bank of Canada.

It is in the interests of the provincial association as well as the national to debunk the perceptions and myths.

Transferring debt to the Bank of Canada is not a new idea! A resolution on monetary policy was proposed to the 1995 federal NDP convention which said, among other thinks, that deregulation and privatization of money creation is at the very root of Canada’s national debt crisis. To reduce the interest burden on public debt there must be a readjustment of the proportions of the money supply created by the Bank of Canada and the chartered banks.

But, the NDP did not talk about this, and Paul Martin reduced the deficit by slashing programs, downloading responsibilities to provinces without adequate funding and firing thousands of civil servants.

From 1995 to 1999, Canadian taxpayers paid $378 billion in interest on the debt of all levels of government — most of it unnecessary.

In 1999, Lorne Nystrom, NDP Finance Critic, produced a book of essays by several authors called Just Making Change in which it was stated, among other things, "We simply must have access to government-created, zero-cost money. There is no other way to find the resources necessary for health care, education, environmental protection and housing."

But, the NDP did not talk about this, and the government continued to use the cost of interest and the debt to justify the downloading and underfunding of social and health programs, infrastructure, education and housing.

From 2000 to 2005, interest payments added another $409 billion to our collective tax bills — again, most of it unnecessary — and still the NDP does not talk about using the Bank of Canada to carry the public debt, and the government continues to use the cost of interest and the debt to justify the downloading and the underfunding of social and health programs, infrastructure, education, housing and assistance to small- and medium-size businesses.

We believe it’s time the NDP started talking about this."