Comments on: When Will The Vancouver Real Estate Market Hit Bottom? Price Momentum in Real Estate http://www.mikestewart.ca/when-will-the-vancouver-real-estate-market-hit-bottom-price-momentum-in-real-estate Sat, 04 Feb 2012 02:48:59 +0000 hourly 1 By: Mike Stewart http://www.mikestewart.ca/when-will-the-vancouver-real-estate-market-hit-bottom-price-momentum-in-real-estate#comment-43 Mike Stewart Fri, 30 Jan 2009 23:34:14 +0000 http://www.mikestewart.ca/blog/?p=127#comment-43 LOL! Hi Rod, I had to shave, the wife wasn't feeling it. You know how it is. Happy Wife, Happy Life! I agree with you and the article that tax cuts are not the correct course of action. In another post on this blog I made the argument that <a HREF="http://www.mikestewart.ca/blog/2009/01/21/why-do-real-estate-markets-go-up-and-down-niall-fergusons-explains-this-and-much-more/#comments" rel="nofollow">government spending on infrastructure is the best way to stimulate the economy</A>. The Keynesians are back with a vengence and I love it! Direct spending by Gov'ts is also more progressive. If you have no money and a job from a publicly funded program, you're a ot better off than being broke with a big tax cut. Government spending will get us out of this mess. Look at the Depression. Vast government spending for the Second World War was what North America back on its feet. It will work... LOL!

Hi Rod,

I had to shave, the wife wasn’t feeling it.

You know how it is. Happy Wife, Happy Life!

I agree with you and the article that tax cuts are not the correct course of action. In another post on this blog I made the argument that government spending on infrastructure is the best way to stimulate the economy.

The Keynesians are back with a vengence and I love it! Direct spending by Gov’ts is also more progressive. If you have no money and a job from a publicly funded program, you’re a ot better off than being broke with a big tax cut.

Government spending will get us out of this mess. Look at the Depression. Vast government spending for the Second World War was what North America back on its feet. It will work…

]]> By: Rod http://www.mikestewart.ca/when-will-the-vancouver-real-estate-market-hit-bottom-price-momentum-in-real-estate#comment-42 Rod Fri, 30 Jan 2009 23:13:13 +0000 http://www.mikestewart.ca/blog/?p=127#comment-42 Just a quick note about the budget impact on the economy. You mentioned in your last post that you thought the economy would see a boost from the influx in cash. Apparently some experts think NOT. <a href='http://finance.sympatico.msn.ca/budget/article.aspx?cp-documentid=17238686' rel="nofollow">Budget's tax cuts pack little punch</a> Where did your beard go!? Just a quick note about the budget impact on the economy.

You mentioned in your last post that you thought the economy would see a boost from the influx in cash. Apparently some experts think NOT.

Budget’s tax cuts pack little punch

Where did your beard go!?

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