Pages

Monday, January 26, 2009

Canada's 75 Billion Dollar Bailout

The Conservative government has leaked the details of Tuesday's budget. They have announced a $64 billion deficit.

The Harper government, which has consistently committed itself to a "balanced budget", now claims that deficit spending is required to boost the economy at the height of a major economic recession.

Does this constitute a turnaround in federal government economic policy?
Is the government really committed to running a budget deficit with a view to stimulating demand and reversing the tide of economic decline.

Or is there a hidden agenda?

Read more...

No comments:

Post a Comment

Thanks for your comment it is much appreciated.