And does so with great glee. Bob Rae penned this note-perfect letter to Harper, published yesterday in the National Post. Highlights: You have learned that deficits are not the product of the devil incarnate, but happen when there are recessions. You will regret that your every prior thought is in print. Your old copies ofcontinue reading
Dalton48 Archives
Steady hand on the tiller
From CBC News’ fun new quiz on the economic wisdom of Stephen Harper: 4. On Sept. 26, 2008, Harper said, ‘The only way there is going to be a recession is if they (the Liberals) are elected and that’s why they’re not going to be elected.’ o Myth o Fact Consistency is your friend whencontinue reading
Um, is it too late to ask for the fruit plate?
On the left we have a piece of broccoli and some peppers in a brown glue-like oil and on the right the chef had prepared some mashed potato. The potato masher had obviously broken and so it was decided the next best thing would be to pass the potatoes through the digestive tract of acontinue reading
Whatever happened to adulthood?
Somehow, the Canadian Association of Retired People — CARP — has moved from being, well, an association of retired people, to “50-plus”, to — wait for it — 45 and over. 45 and over? At a time when Freedom 55 is stretching to Freedom 65 and there is debate about moving out the qualifying agecontinue reading
Let’s hope they’re more selfless down south, or this will be a one-term presidency
Actual Facebook status: Bob Rae is listening to President Obama “the selflessness of workers who would rather cut their hours than see a friend lose a job” and shouting “Rae Days”!8 hours ago (H/t Beyond The Commons)
Divide and conquer
For the sake of the tens of thousands of students who are the hostages in the York strike, let’s hope that the government-mandated vote on the university’s offer doesn’t go the way the executive of CUPE 3903 believe it will. It’s possible that there are enough strikers at this point who simply can’t afford tocontinue reading
Meanwhile, in a galaxy far, far away
Home sick last week, I spent some time listening to the radio, where coverage alternated between Obama inauguration previews and the recession. Two days in a row, I tuned in midway to interviews with economists opposed to fiscal stimulus. Both interviewees were upbeat about the prospects of Canada, touting its stronger, more stable fiscal outlookcontinue reading
Easy come, easy go
Or why letting your developed country slide into being a one-trick, resource-exporting copy of a developing one is a poor idea: The November surplus of $1.3-billion is the smallest since October 1997, and analysts warn that Canada is quickly heading to the land of dual deficits – both for the current account and the fiscalcontinue reading
Spinning for the city he disdains
Goodbye, so long, and enjoy your visit to the dark side. Yes, putting us all out of the misery of his whiny, self-referential, tiresomely negative screeds in Toronto Life and elsewhere is Philip Preville as (according to newsletter Inside Queen’s Park, not online) he takes on the role of Director of Public Affairs at thecontinue reading
The new normal
After the barrage of happy-happy new year stories on the turnaround that’s no doubt just around the corner, some bracing blasts of common sense from some of the best financial bloggers around. From the Cassandra Does Tokyo blog, an excellent rant about the “when things get back to normal” school of thought. When massive shiftscontinue reading