When a government believes it's own hyperbole they fail their citizens. It has become apparent that the Harper geniuses believe their own propaganda ad campaign telling Canadians how successful their "Economic Action Plan" is. The problem .... they are the only ones to believe it and the right wing media has helped fuel the lie.
What both Flaherty and Harper fail to understand is the difference between "starve the economy" and "stimulate the economy".
The spike in unemployment in December shows that the slash and gut policies of the Harper government is starting to catch up with their economic incompetence. Their economic policy has "starved the economy".
Forgivable grants to the oil and pipeline industry do not reap economic benefits but rather affect the governments bottom line. I could understand the grants if they were in the form of an investment in exchange for shares similar to what occurred in the auto industry collapse. But the way they have done it there is no return on investment, no benefit to Canadians other than tax dollars.... someday ..... tax dollars that Canadians would have received regardless.
When one invests, one must get a return on that investment.
Maintaining the status quo allowing the economy to stabilize would have been better than investing in the banking and resource sectors while slashing EI, transfer payments, the armed forces budget and the civil service. But no, Flaherty and Harper want to produce a surplus.... to what end???
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