First they deny the international economic crisis and predict a surplus in their budget update last November. Fine. But to then tout tax cuts as economic stimulous after watching six years of tax cuts disable the US government’s ability to handle economic is pure idiocy.
The tone of Flaherty’s statements today seem to indicate that this is a trial baloon before the budget statement on the 27th, but even as a test, I do not have any confidence that this government has managed to shed its ideological blinders against the important role government plays in economic affairs.
And someone who, at their core, does not believe the government has an important role in the marketplace should not be left in charge of the government.
Please Mr. Ignatieff, bring these guys down as per the coalition plan. These are Keynesian times; we can’t afford Friedman thinking.