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Old 12-01-2008, 09:33 AM   #224
Iowa_Flames_Fan
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Originally Posted by CaptainCrunch View Post

They also present an assinine spend/tax heavy program thats going to do nothing but hurt the economy instead of help it.

I could see what you were saying if Canada had billions of dollars in unfunded obligations and mountains of debt creating pressure on interest rates and currency values, much as the U.S. does. But really--how does government spending hurt the economy by itself?

I could see the argument that government stimulus would be temporary in its effects--or that in the long term deficit spending might be harmful. But the notion that spending money in the short term is going to harm the economy isn't really consistent with current economic theory.
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