the evidence *is* fairly
clear that stimulus works, and tax cuts don't. i mean, this shouldn't be
an ideological debate. and, it is trump that is living in the world of
economic unicorns, holding to ideas that don't just lack empirical
support, but have been demonstrably proven as ineffective - while
trudeau is really holding to the textbook on economics, here: growth is
driven by increases in aggregate demand. wage increases are far more
effective than tax cuts in increasing this.
trudeau is right, here. trump isn't.
but, there was a poll that said that the conservative party propaganda - and
that is what it is - about harper being a strong economic leader has
had some kind of brainwashing effect, so here comes good old lorne
hunter to enforce the lies. this isn't actually news, though. harper was
outpolling trudeau on the economy right up to the election, remember,
and still lost. you started seeing the numbers diverge when the ndp was
leading: harper consistently did the best on the economy, but was still
losing in every poll. how do you explain that? my analysis of this at
the time is that people didn't really understand what they were telling
pollsters, they were just repeating the marketing. the tv says harper is
better on the economy, so he must be, right? but, if you try and ask
them to explain *why*, you're not even going to get a coherent answer at
all, let alone a confused one. they've never really thought about it,
they're just taking the commercials on tv as an authority. because the
tv doesn't lie, right?
i actually think that the
oversaturation to economic messaging from the conservatives has probably
led to a kind of ultra-paradoxical phase: they may accept that the
conservatives are better on the economy without knowing what that means,
they might obediently repeat the propaganda, but that doesn't appear to
be affecting voting decisions, at this point, because they don't
actually understand what the conservative party means when they say
they're best on the economy. so, they take it as a given, but they don't
understand what it actually means. i mean, this isn't an accident: the
party obscures bad policies with vague messaging that obscures what
they're actually doing. so, voters seem to be having difficulty tying
the propaganda to actual policies, and then realize they don't support
the policies that are apparently so good for the economy when presented
with them. but, they repeat it, when polled on it, anyways.
i
would suggest that the effects of this are going to be that the younger
generation is not going to put the economy at the top of their voting
priorities, and that's a deep social change. but, it's a reaction to the
conservative propaganda. and, the country could very well end up
economically better off as a consequence of it.
i
kept asking steve if his economic action plan was a four-year plan or a
five-year plan, and i never got an answer. but, i guess he had a
majority for four years, right?
http://torontosun.com/opinion/columnists/gunter-trudeau-stakes-our-future-on-hipster-economics
jagmeet singh must cut his beard.