Even Socialist Sweden Gets It: "Governing and Running Businesses Don't Mix"
I came across an interesting article in the Financial Post. It is available here.
It seems that even Sweden, renowned for its socialism, is getting out of the business of running government corporations.
It really is a shame that the people of Saskatchewan are such cowards when it comes to change. It is actually incredible that the Saskatchewan Party was defeated in 2003 because the pusillanimous people of this province feared that they would sell off the crowns. This should have been something that the people embraced. Because of that, the Saskatchewan Party has no intention of selling off our crowns, even though it makes the best sense to do so.
As the article states: "A World Bank study found privatized firms increase profit by 45%, output by 27%, efficiency by 11%, capital spending by 44%, and jobs by 6%." How would this not benefit our province?
It also states: "Meanwhile, back in booming, resource-rich Saskatchewan, Finance Minister Andrew Thomson has said he will have to dip into a rainy day fund to the tune of hundreds of millions of dollars to balance the budget. He should instead sell many of the province's businesses, which account for about 12% of GDP, twice the national rate."
I wholeheartedly agree. Why, in the time of an economic boom, is the Calvert government dipping into a slush fund? If the province really needs the money, it should be selling off some of the many crown corporations that it runs.
Sadly, Saskatchewan is plagued by a people who fear change and despise progress. We are so crippled by socialism that we can't even fathom the idea of private companies providing our utilities, despite the fact that competition would improve service and economic output for the province as whole. And, with even the most right-leaning party in the province committing to leave the crowns alone, what is best for the economy of the province may never come to fruition. We can only hope that they do get elected in the next election. For if they don't, we may be sentenced to another generation of NDP rule and the further "publicization" of corporation and services in this socialist republic.
It seems that even Sweden, renowned for its socialism, is getting out of the business of running government corporations.
It really is a shame that the people of Saskatchewan are such cowards when it comes to change. It is actually incredible that the Saskatchewan Party was defeated in 2003 because the pusillanimous people of this province feared that they would sell off the crowns. This should have been something that the people embraced. Because of that, the Saskatchewan Party has no intention of selling off our crowns, even though it makes the best sense to do so.
As the article states: "A World Bank study found privatized firms increase profit by 45%, output by 27%, efficiency by 11%, capital spending by 44%, and jobs by 6%." How would this not benefit our province?
It also states: "Meanwhile, back in booming, resource-rich Saskatchewan, Finance Minister Andrew Thomson has said he will have to dip into a rainy day fund to the tune of hundreds of millions of dollars to balance the budget. He should instead sell many of the province's businesses, which account for about 12% of GDP, twice the national rate."
I wholeheartedly agree. Why, in the time of an economic boom, is the Calvert government dipping into a slush fund? If the province really needs the money, it should be selling off some of the many crown corporations that it runs.
Sadly, Saskatchewan is plagued by a people who fear change and despise progress. We are so crippled by socialism that we can't even fathom the idea of private companies providing our utilities, despite the fact that competition would improve service and economic output for the province as whole. And, with even the most right-leaning party in the province committing to leave the crowns alone, what is best for the economy of the province may never come to fruition. We can only hope that they do get elected in the next election. For if they don't, we may be sentenced to another generation of NDP rule and the further "publicization" of corporation and services in this socialist republic.
posted by Saskatory at
9:33 AM
1 Comments:
the one thing I hate about living hear is the NDP own everyting. thats why I support the saskparty, maybe they they will sell STC, government should not own a bus company.
By
Anonymous, at 1:08 PM
Post a Comment
<< Home