Quote:
Originally Posted by EldrickOnIce
Keynesian economics suggests that during a recession (in the short run) the best way to kickstart economic growth is spending. If one accepts that, running deficits was necessary after the global economic crisis. The CPC did actually mostly follow their planned recession deficit projections/back to balanced budget plan, more or less.
The CPC now says the economy is back on track and growing - so no more recession deficits, and the economy is good. The LPC says the economy needs more government spending as stimulus to get it going. The NDP has no idea at all.
It mostly depends where you fall on the state of the economy (assuming you buy Keynesian economics), and speaking from an economy standpoint only...
If you think more government infrastructure spending, but running a deficit, is what the economy needs, Trudeau is your man. If you think the recession is over and the economy has rebounded, then Harper is. He also is if you are from Alberta and believe the CPC is friendliest to O&G. Mulcair is no one's choice for the economy.
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Thanks for clarifying, I was younger and stupid when the Conservatives first go into office so I didn't really pay much attention to politics.
Maybe it's just me but I'm not a fan of the "If you're from Alberta and are in O&G then you should be voting Harper" argument. This is a federal election not a provincial election, people should be looking bigger picture than just their own province.
I have some issues with what the Conservatives have done over the past years, and they really come across as that cranky old guy at work who can't/won't adapt to change. Most of what they are saying doesn't sit well with me, and their economic policy isn't strong enough to make those issues irrelevant.