Wednesday, August 26, 2015

again: it's just all a giant exercise in absurdity. first, we had the conservatives claiming they were best at managing the economy. now, we've got everybody arguing over who is going to best manage the economy.

governments don't manage the economy.

tax cuts for businesses don't create jobs. tax increases for businesses don't destroy jobs. targeted tax cuts for consumers can increase purchases, but it's no longer clear that this creates jobs, either. direct investment can create jobs, but there are now rules in place that restrict our ability to do this. the only thing government can do to create middle class jobs is directly hire people - it can expand itself.

a low dollar makes us more competitive for jobs with high capital mobility (like call centers), and more competitive with exports (like cheese). in the context of expanding free trade, this is a good thing and should be maintained.

budget deficits do not affect the economy.

just, please, do me a favour: when you finally get rid of this government, do everything you can to change the ballot question and the narrative. we've reduced elections to a process of deciding which party is better at doing something that government doesn't do, and erected an entire vocabulary of nonsense in the process. the whole narrative is completely in the realm of fantasy. and, we wonder why nobody votes...

www.cbc.ca/news/politics/canada-election-2015-justin-trudeau-accuses-tom-mulcair-of-austerity-over-balanced-budget-pledge-1.3202773