"Wise" is not a word frequently used to describe Stephen Harper or his policies. Partisan, ideological, narrow, secretive, devious, or controlling come up more often.
The opposite of wise is foolish or ignorant. Both are brought to mind when assessing the performance of the Canadian prime minister at the G20 leaders summit in Russia last week.
The G20 economies account for about 85 per cent of world economic activity. The economic prescription Harper offered to the assembled leaders was for countries to reduce their national debt-to-GDP ratio. In essence, the PM wants governments to get smaller. His assumption is this creates more room for private wealth creation.
The G20 governments did not pick up his suggestion. A worldwide reduction in government spending was tried in the 1930s. It resulted in a worldwide Depression.
http://rabble.ca/columnists/2013/09/given-world-stage-harper-argues-depression-economics-and-cold-war-politics#.Ui9NBl3b4H4.facebook
The opposite of wise is foolish or ignorant. Both are brought to mind when assessing the performance of the Canadian prime minister at the G20 leaders summit in Russia last week.
The G20 economies account for about 85 per cent of world economic activity. The economic prescription Harper offered to the assembled leaders was for countries to reduce their national debt-to-GDP ratio. In essence, the PM wants governments to get smaller. His assumption is this creates more room for private wealth creation.
The G20 governments did not pick up his suggestion. A worldwide reduction in government spending was tried in the 1930s. It resulted in a worldwide Depression.
http://rabble.ca/columnists/2013/09/given-world-stage-harper-argues-depression-economics-and-cold-war-politics#.Ui9NBl3b4H4.facebook
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