The absolutely stupid harpercon decision to blow $9,000,000,000.00 on new prisons (ostensibly to jail those convicted of the unreported crimes our useless and intrusive national statistics agency said rose by three percentage points in 2004), joined with the $1,200,000,000.00 wasted on the G8 & G20 summits, and the $16,000,000,000.00 that harper wants to spend on […]
Earlier, I brought up some differences between 1929 (the year the Great Depression began) and today. Among those differences there is the more timely use of counter-cyclical fiscal policy, the continued easing of monetary policy, a larger public sector and, even if I didn’t mention it last time I’ll mention it now, greater income […]
Remember that people. And grasp the significance of it:
They created gigantic debts and caused enormous suffering with their monetarist, anti-inflation recessions. And inflation was under control (on their terms). We signed free trade deal after free trade deal, making it easier for manufacturing to relocate to where labour was cheaper (due to democracy being […]
I used to read a lot more economics and political-economy. Hell, I used to read a lot more about everything. Now, … well, here’s hoping that my new prescription for “Zoloft” will improve my motivation.
Anyhow, I used to read more about economics and back in the day I wouldn’t have been so forehead-slappingly […]
Pull yerself’s together peepull! Contrary to popular wisdom, we had sustainable finances all the way up to the 1980s, through the fattest years of the welfare state.
Linda McQuaig’s Shooting the Hippo is all you have to read to understand that it was monetarist anti-inflation insanity that produced massive deficits in the early-1980s and early-1990s.
But guess […]
One of the more amusing shrieks from the pro-stupid side of the political spectrum during this political crisis is for Canadians to think about the damage that the “socialist” NDP could do to the economy if it gets power in this coalition.
Let that sink in for a moment.
It’s amazing. Being a “conservative” means […]