Canada's Incredible Shrinking Deficit
David Frum
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Posted 12.16.2011
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Canada Politics
Read More:
Taxes,
Deficit Reduction Canada,
Deficit,
Stephen Harper,
Economy,
Canadian Economy,
Budget Deficit,
Great Recession,
Canada,
Recession,
Rick Perry,
Canada Politics News
Good news! Canada's budget deficit is shrinking even before the federal government introduces its budget cuts. There's an important lesson for the whole world from the Canadian experience: the actions a government might take to reduce its deficit -- cutting spending, raising taxes -- can prolong the recession.
