Quote:
Originally Posted by CliffFletcher
The NEP? Bad policy. But it was also followed by a global crash in oil prices - something that Alberta demagogues seem to forget. If the downturn of the 80s was caused by the NEP, why did the economy in Texas go into a tailspin at the same time? Remarkable coincidence.
The NEP bogeyman is the best example of the incredible rationalizations people in this province will engage in to avoid facing the reality that our security and livelihoods are tethered to the price of a commodity that we have no control over. It's like primitive man convincing himself droughts and earthquakes are caused by angry gods. It's more comforting than facing the reality that catastrophes often happen for no reason.
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So what was bad about the NEP if it was only a 'bogeyman'? You've contradicted yourself.