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Should the federal deficit be more of a concern?
Wednesday, October 9th, 2019
Canada’s deficit-fuelled spending binge has helped to temporarily paper over the consequences of a further slowing of income growth, a chronic problem since the global financial crisis erupted in 2008. – vs – When businesses are hoarding cash instead of investing, there is a need for government financed investments funded from new borrowing.
Tags: budget, economy, ideology, standard of living
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