Archive for the ‘Debates’ Category

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Lisa Britton turns anger into poverty advocacy

Tuesday, September 1st, 2015

“Individual failings aren’t the cause of poverty,” she says. “It’s systemic. “We have a system of government benefits that don’t provide enough money for people to actually survive, let alone have enough dignity.” Indeed, it’s been said that poverty isn’t only about money, but it’s always about money… I’m stuck working meaningless, low paying, precarious, part-time jobs… Jobs without any guarantees… just keep me oppressed, desperate and uncertain.

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Trudeau is talking sense amid deficit hysteria

Saturday, August 29th, 2015

Like much of the rest of the world, Canada has an economy that is operating below capacity; people who need work; stores that need customers; infrastructure that needs rebuilding… Those who argue dogmatically that we need to release the economy from the “shackles” of excessive government deficit spending, irrespective of effects or context, are actually the people who are truly advocating “mindless” and irresponsible economic policy. It’s the triumph of ideology over common sense.

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Trudeau is talking sense amid deficit hysteria

Thursday, August 27th, 2015

If the private sector is reluctant to spend because of uncertain growth prospects, then clearly some other sector needs to pick up that slack. At a time of contracting global growth, exports clearly can’t pick up the baton of growth. That leaves the government and, yes, a budget deficit or two, if that’s what it takes to restore economic growth… Like much of the rest of the world, Canada has an economy that is operating below capacity; people who need work; stores that need customers; infrastructure that needs rebuilding.

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A Moveable Glut

Wednesday, August 26th, 2015

… excess savings and persistent global weakness is the new normal… Wall Street doesn’t want to hear that an unstable world requires strong financial regulation, and politicians who want to kill the welfare state don’t want to hear that government spending and debt aren’t problems in the current environment… They don’t like being told that we’re in a world where seemingly tough-minded policies will actually make things worse. But we are, and they will.

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Debt Is Good

Sunday, August 23rd, 2015

… the great debt panic… was even more wrongheaded than those of us in the anti-austerity camp realized. Not only were governments that listened to the fiscal scolds kicking the economy when it was down, prolonging the slump; not only were they slashing public investment at the very moment bond investors were practically pleading with them to spend more; they may have been setting us up for future crises.
And the ironic thing is that these foolish policies, and all the human suffering they created, were sold with appeals to prudence and fiscal responsibility.

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Conservative Party’s taste for indebted households strains economic future

Friday, August 21st, 2015

Canada is in the group of countries with the largest increases in the debt-GDP ratios since 2006 in the 30-to-40 per cent range and a Canadian increase 50 per cent higher than that of the U.S… we [demonstrate]… a reluctance to sensibly use fiscal policy for economic stabilization and instead let private savings flow to already stretched and highly indebted households that puts the health of the Canadian economy, and thus our economic future, at risk.

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Canada needs to re-evaluate its approach to economic stimulus

Saturday, August 1st, 2015

Low rates in recent years have done little to stimulate private investment, and the steep slide in the dollar since mid-last year has done little to stimulate manufactured exports… there are few signs that businesses are set to open the floodgates on the $500-billion in extra cash reserves they’ve built up since the recession… Targeted provincial fiscal action could firm up growth, without adding undue stimulus in other parts of the national economy.

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Tories’ economic projections all smoke and mirrors

Wednesday, July 29th, 2015

The Conservative government’s sole economic policy objective has always been the elimination of the deficit. This is the only criterion it uses to judge its economic record; nothing else has mattered — not stronger economic growth, not increased job creation, not improved productivity, not saving the environment, not greater tax efficiency and tax fairness, and not strengthening federal-provincial and Aboriginal relations. The primary objective of the Harper government has always been to diminish the role of the federal government in economic policy.

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TPP talks offer Canada an opportunity to punch above its weight in Asia

Tuesday, July 21st, 2015

After 19 rounds and numerous meetings of officials, TPP negotiations are nearing completion. What Canadians need to realize is that by addressing our supply management system within the context of the TPP, we have an opportunity to develop dairy and poultry export industries that will allow Canada to punch above its weight. A massive market in Asia awaits.

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More of same from Harper won’t end economic woes

Tuesday, July 21st, 2015

… he always blames the 2008 recession (which ended six years ago), and then he blames the Americans and the Chinese and even the Greeks — any scapegoat he can find. But more serious than his denial of responsibility is Harper’s claim that Canadians are helpless victims of circumstances beyond all control. There is nothing different or better to do, he says. We just have to hunker down, and keep following his “plan” — a plan that has clearly failed.

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