Austerity

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Trudeau's Pro-Economic Growth Platform Is All About Jobs

With a strong plan to invest in jobs and economic growth, Liberal leader Justin Trudeau has boldly distinguished himself from both Stephen Harper and Thomas Mulcair. Mr. Harper's growth record is the worst of any prime minister in eight decades. There are 160,000 more jobless Canadians today than before he took office. And Mr. Mulcair has strangely sided with the Harper austerity agenda, meaning billions of dollars in program cuts and/or broken promises to concoct the appearance of a balanced budget next year. The Mulcair plan and the Harper plan are formulae for going nowhere. Justin Trudeau is offering the only agenda for real change.

In Canada, Austerity Rules

The exceedingly aggressive austerity cuts carried out by Prime Minister Stephen Harper and Finance Minister Jim Flaherty over the past seven years have come home to roost as millions of Canadians, depressed and without hope, are succumbing to its worst consequences.
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Canada Should Be Smartening Up Instead of Dumbing Down

The Prime Minister's personal poll numbers are receding (dropping almost by half since 2010), as are those of his government. Sensing the decline, the Conservatives have taken to their historic method of going negative, as with their recent attack ads on Justin Trudeau. Yet it's not working as effectively because Canadians themselves have faced too many negative indicators in the last five years.
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Why Austerity Matters to Canada

Prime Minister Harper is proving a political populist by practice and fiscal hawk by necessity; his finance minister, Jim Flaherty, is actually more the reverse. That tandem is holding, for now. A new Bank of Canada governor means renewed focus on the country's economic direction.
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Our Job Deficiency: A Challenge to the IMF-World Bank

At the IMF-World Bank meetings this past week, there were plenty of assessments of the state of the global economy that described the post-2008 recovery as anemic. Only a few went so far as to claim that the global economy is comatose. Yet, despite general agreement on the diagnosis, there was little consensus on how to solve the problem.

Why Canada's Definition of Austerity Is All Wrong

Government program spending is still growing from sea to sea. Virtually every government in Canada is spending more in current dollars from one year to the next. Many are spending more in inflation-adjusted dollars, too. If they aren't, they're generally coming pretty close.