A "message" from Message - Income and Outgo
Income and Outgo
Our old friend, Mr. Macawber, in the Dickens' classic David Copperfield, said: "Annual income twenty pounds... annual expenditures, nineteen and six; result... Happiness! Annual income twenty pounds, annual expenditure twenty pounds, ought and six; result... Misery!"
In the modern world, though we seem to live on credit and time payments, Mr. Macawber's financial theory is still valid. If individuals, provincial governments and federal governments spend more each year than they take in, the result is "misery".
Those people who criticize governments for wanting to create a pay-as-you-go policy should seriously consider the implications of provincial outgo exceeding income... results; MISERY!
Hugh Message
Coldwell Banker 1st Pioneer Realty
22424 Fraser Highway, Langley, BC V3A 8N3
604-551-6584
.