A bit of a follow up on Baird's announcement in the
Globe and Mail:
"There would be just one way to make this happen: The government would need to manufacture a recession," Mr. Baird told the Senate environment committee.
But the report he presented also states that its calculations do not take into account the benefits of green technology infrastructure, or the jobs created by new investments in that technology. Neither does it consider the impact of monetary policies the government could implement to diminish losses.
And, when pressed by senators, Mr. Baird was unable to present the figures the government used to forecast its bleak predictions.