(no subject)

Date: 2009-01-31 01:42 am (UTC)
My understanding, and that of most economists I believe, is that Keynsian stimulus doesn't actually work. Harper knows this. This is why he didn't want to "do" anything to stop the recession - stimulus is always too late and recessions happen, you don't want to make them worse, but you can't do a heck of a lot to make them better.

But unfortunately, the untrusting electorate, spurred on by opposition politicians, decried this choice of "nothing" as having "no ideas" and so Harper is forced to act against his nature. The conservatives are braying that Harper has abandoned them, you're upset that his "stimulus" is actually tax cuts in disguise - I believe if everyone thinks you're biased, you're probably doing a pretty good job...

Another theory you'll enjoy - Harper is shrinking the size of government in as permanent fashion as possible so that even when the Conservatives lose power, the ability to increase spending will be greatly restricted. You have to admire that kind of long-term strategizing and ideology. And as someone who doesn't want to spend another 20 years paying off Liberal debts (thank you Trudeau!) I have to admit, I'm a fan!
(will be screened)
(will be screened if not on Access List)
(will be screened if not on Access List)
If you don't have an account you can create one now.
HTML doesn't work in the subject.
More info about formatting

If you are unable to use this captcha for any reason, please contact us by email at support@dreamwidth.org

January 2022

S M T W T F S
      1
2345 678
9101112131415
16171819202122
23242526272829
3031     

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags