Active Social Spending and Well Being
versus Taxes and GDP

Nipawin - Wednesday, June 20, 2001 - by: Mario deSantis
   

heart of
things

"Good leaders make people feel that they're at the very heart of things, not at the periphery. Everyone feels that he or she makes a difference to the success of the organization. When that happens people feel centered and that gives their work meaning"--Warren G. Bennis(1)

 

 

trend

"The trend will continue until it ends(2)"
--
James Dines, stock market analyst

 

 

people
rather
than
money

The above quotes reflect our deep understanding that people are the most important
resource rather than money, and that we cannot rely on our social growth by focusing
our attention to the conventional financial markets. We need a new economic language
in order to work together towards the social goal to have more meaningful lives and feel
happier.

 

 

State of
the Nation

This week, I received the special investigation into the condition of Canada's economy
"State of the Nation(3)" I became very disenchanted about the sincerity of our
conventional economists and business gurus. All at once the federal government has
admitted the increasing productivity gap between the US and Canada, and now the
same economists and business leaders who supported the downsizing of our economy
for the purpose to reduce the deficit and fight inflation are telling us that they have the
answers to bridge this economic gap with the US within the next fifteen years.

 

 

reduce
taxes

The only message I get in reading this special investigation is that we can't trust our
conventional economists, our business leaders, and our politicians. We have a federal
government which has been doling out one billion dollars to its friends, and at the same
time we have business gurus preaching the dogma that we have to reduce taxes to increase
productivity.

 

 

active
social
spending

I say no, we don't need to reduce taxes to increase productivity, we need governments
who cares about their citizens. What is important is not the reduction of taxes per se,
but making sure that social spending provides an active contribution to our overall well
being. Therefore, rather than speaking about taxes and growth of gross domestic
product (GDP), let us speak of active social spending and of a better social well being.
   
------------References/endnotes:
   
  List of relevant political and economics articles http://ensign.ftlcomm.com
   

1

Thought Leaders Forum: Warren Bennis, http://www.pfdf.org/leaderbooks/bennis/

 

 

2.
-

Business Dynamics, by John D. Sterman, 2000, Forecasts and Fudge Factors, page 631 http://www.mhhe.com/sterman

 

 

3.
-
-
-

State of the Nation "The National Post's unrivaled team of writers cast a searching light on the widening gap between the U.S. and Canadian economies. After years of telling Canadians there was nothing to worry about, the federal government has finally recognized it has a major problem" http://quarterlyreport.nationalpost.com/