Quote:
Originally Posted by Makarov
With so many graduates of "Economics 101" posting in this thread, I'm surprised that more posters aren't familiar with the classic economic case for government spending to stimulate a sluggish economy. Agree with it or not, it's not some crazy, novel idea.
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So when
do we cut spending? Do you honestly think if oil returns to $70 a barrel and the energy revenues start flowing into provincial coffers again that the NDP will make substantial cuts to government spending?
Also, what happens if the economy in Canada (and the rest of the mature economies of the West) follows the course of Japan and we see 20 years of a sluggish economy? Just keep spending and spending?