In the run-up to the federal election, we continue our examination of the carbon tax.
When I discuss a carbon tax or a resource tax with thoughtful people who are opposed to a carbon tax, there are generally three objections.
Basic economics says that whenever we make anything there are three fundamental inputs. In economics these inputs are called Factors of Production – land, labour, and capital.
Today, because we are in election season and the advisability of a carbon tax is in the air, we continue our examination of how such a tax might affect us.
Governments have always needed money to function, even democratic governments, but until about 150 years ago, they have not needed a great deal of money – unless a war was being financed.
When it comes to energy use, we live extravagantly, or perhaps more accurately, we squander energy.
We are facing two elections, one in Manitoba and one federal. Because we live in a democracy, we get to have some say in who our leaders will be; who will make policy and who will speak for us.
Steinbach has long put itself forward as “The Automobile City”. It seems the early Steinbach automobile dealers recognized that the future of transportation did not lie with horses.
When I was a boy growing up on a farm in the 1950s, a farmer tilling his fields was typically driving at 25 HP tractor. Farmers today typically drive 400 HP tractors.