canada elect 2015
Out of context: Reply #14
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It annoys me that the Conservatives have the reputation of being fiscally responsible, or that they somehow are better at handling the economy.
Every party wants the economy to be strong. They all want Canadians to have lots of jobs and good foreign trade, and a dollar that trades well internationally, etc.
How does each party go about it? Mostly in the same way. They hire advisors, economists, bankers, etc. They watch foreign markets and the global economy and react as best they can. The Bank of Canada takes the best forecasting they can find, from multiple sources, and carefully sets interest rates.
What drives me nuts is how Harper takes credit for all the good things going on with the economy, and dismisses anything bad about it. He speaks as though HIS PARTY is somehow responsible. But no party can do this. If anyone in any country could predict everything about the economy, they'd be trillionaires. They'd make their country have zero unemployment, and be the strongest economy in the world. Canada is obviously not that.
So why does Harper get to have the reputation of being better with money? The truth is that all the parties would do essentially exactly the same things when it comes to the economy. Sure, they'll be minor differences in how taxes are distributed and so on. But, ultimately, if a program is going to sink the economy, they're not going to implement it. NO ONE EVER wants the economy to do poorly. Why do we believe this myth that conservatives are somehow better at managing the economy? Where is the overwhelming evidence that shows this? You can find evidence that all parties are good, and bad, at the economy.
- amen brotha'Julesvm
- We've had a good run of fiscally saavy governments from Mulroney, to Chretien/Martin and Harper. There are policies that affect trade and real problems thatzarkonite
- need addressing. A large debt does cripple your maneuvering margin in case of problems. Too few social programs will wreck your economy when the private sectorzarkonite
- is down. It's all about balance and focusing on the essentials.zarkonite
- Trudeau Sr was an a fiscal moron but a fantastic international politician. He gave us a great rep but added tonnes to the debt and didn't pull us out of thezarkonite
- recession as fast as the states did... that's on him.zarkonite