Quote:
Originally Posted by afc wimbledon
Responding to disasters is a terrible way to run an economy, diversifying the economy so that the province isn't as dependant on oil makes more sense.
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Actually, it's the extreme highs and lows that lead to inefficiencies. So government spending when things take a turn for the worse is good governance on paper. Problem is, we didn't save anything during the boom times or try to scale anything back.
Edit.. I don't disagree with you though given the context. I was referring to stimulus in general, not o&g bailout