Category Archives: Budget

Been there, done that, got the debt

In my latest contribution to the Economic Education Association of Alberta’s “Been There, Done That – Shouldn’t Have” series I recall what happened last time governments started borrowing as if there was no tomorrow and then it came anyway.

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The ghost of deficits yet to come

In my latest National Post commentary I urge the federal Liberals to recognize that deficits are bad for the economy and for government finances and to reject the Harper legacy of running them to “stimulate” the economy. (NB “While deficit spending may have a beneficial short-term impact” was an editorial insertion and I do not agree that it is a possibility.)

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Let’s get this over with

In my latest National Post column I argue for trying the best imaginable government welfare system, the Negative Income Tax, in order to learn the bitter lesson that government welfare doesn’t fail when money doesn’t reach the intended beneficiaries but when it does reach them.

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Tax freedom day already?

Just kidding. Yes, the Fraser Institute’s annual calculation reveals that June 10 is indeed Tax Freedom Day this year. But we’re nearly halfway through this year and this magnificent event is a day later than last year.

I’m constantly hearing how some heartless administration has slashed this, gutted that, neoliberalism is rampant, Occupy is protesting, we need a national strategy, it’s time to restore our faith in government and so on. Then you turn around and find the blob hasn’t gotten any smaller.

Maybe it’s time some conservative party in power somewhere actually, you know, made government smaller the way we keep hearing that conservatives do.

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