We should be deeply disappointed at the feeble political response to Covid. Little payments here and there (adding up to many billions in aggregate) do little but temporarily prevent people from being turned into the streets and starving.
Most Canadians do banking exactly the way they are told by the bankers. This a mistake. Let’s do better. Here’s why. “No Soup for You!” Years ago, I was working at a bank branch one sunny summer afternoon. A man came in with a couple of wriggly, little kids in tow. He filled out one of those withdrawal slips that oldtimers may remember. The young father waited patiently in line while struggling to maintain order, gradually making his way up to our bank teller. Finally, he arrived and exchanged the usual pleasantries to the smiling teller. He presented his withdrawal slip. The teller began doing some banking magic on the computer terminal. There was a hesitation and then a frown. Then a polite, nervous smile. The manager was called. The manager did a little more magic on the computer terminal. Now the branch manager was frowning. Everyone was frowning, even the two small children who had been busy with other business were frowning. Finally, the verdict was brought in. There was a probl