Jim Stanford on Budget

It's the Debt, Stupid

from JoeUser Forums

Well, I beat Jim on this by a few days:

"At best, then, the government's debt-reduction timetable is an economically meaningless gimmick, a promise easily broken whenever it becomes difficult to achieve. At worst, it would consign Ottawa to amplifying future economic downturns, instead of helping to alleviate them. Either way, the government shouldn't have done it."
politics
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