Depression Economy

Alamy

Solving the World Economic Crisis

As the world economy continues to struggle, people are taking to the streets by the thousands to protest painful cuts in public spending designed to reduce government debt and deficits. This fiscal fury is understandable. People want to regain the confidence they once had about the future when the economy was booming and more of us had jobs.But after a protracted economic crisis, this will take planning, fair burden-sharing, and time itself.

Canada Survived the Downturn By Ignoring Keynes

Sustainable growth cannot be achieved with the Keynesian solution: more government spending, more debt, and more taxes. Our conservative government did pretty well since 2007: It did not lose control of its spending. It did not create unsustainable deficits. And today, Canada is on a clear path to a balanced budget.