Dad McGuinty wants you to spit out that PEI potato, Argentine beef and Florida orange juice and gorge on Timmins turnips instead. The preem told farmers at an International Plowing Match in Roseville he plans a Local Food Act to stuff Ontario produce down our throats. How many things are wrong with this idea?
NDP Leader Thomas Mulcair doesn’t think Mark Carney was talking to him when the Bank of Canada governor publicly denied that a booming oil industry hurts Canada by driving up the dollar, depressing manufacturing exports and hollowing out our economy. Mulcair should listen anyway because, unlike most political chatter, Carney’s critique of the “Dutch disease” theory is thoughtful and well-informed.
At the Democratic National Convention, U.S. President Obama claimed America’s in “one of the worst economic crises in history” then called for “the kind of bold, persistent experimentation that Franklin Roosevelt pursued during the only crisis worse than this one.” But his self-serving invocation of FDR is as unconvincing as his self-serving portrayal of the current crisis.