TOM BRODBECK of the Winnipeg Sun wrote a great piece this morning bringing up another Liberal Party scam. (Hat tip: Ross. M)
The federal government has quietly increased its massive employment insurance surplus again this year, according to Auditor General Sheila Fraser.
Ottawa continues to over-charge workers and employers for EI premiums, something they’ve been doing every year for the past decade.
This year, the surplus has grown by another $2 billion—despite Liberal government promises they were going to stop overcharging us—according to the auditor general’s November report.
“The accumulated surplus in the account increased by an additional $2 billion in 2004-05 to reach $48 billion by the end of March 2005,” the report says.
Ottawa has been charging us billions more per year than they’re paying out in EI benefits, providing them with a tidy profit to spend on whatever hare-brained, flavour-of-the-month boondoggle they dream up.
They keep track of the accumulated surpluses for accounting purposes. But the money’s not sitting in an account somewhere. It’s spent.
They use it to help pay for the PM’s new jets, the gun registry and the sponsorship program, among other important expenditures.
And they have no plans to pay the money back.
The surplus keeps growing, and they just keep gouging us.
PTBC was founded by Mr. Johannesen in 2000.
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