Re: Tom Fletcher’s column about the HST (The News, Aug. 30).“
I sympathize with Tom Fletcher. Being a spokesperson for the wealthy is such a responsibility. His deliberate misinterpretations of history and economics must cause him no end of effort and frustration.
Having Ayn Rand as his pin-up girl must bring him a few brief moments of happiness, but the inconsistencies in his muddled world view keep returning. They will disappear only when all the public wealth created by generations of invention, industry and effort is accumulated by private oligarchies.
He just needs to be more patient. The ‘people’s victory’ is a hollow one. The consumer tax is not going away, interest rates remain artificially low to discourage saving and encourage debt, high-income investment exemptions and tax-cuts continue to proliferate, the superstitious belief in gold has returned, and government-sanctioned gambling is expanding to fleece the poor.