Public spending can’t grow an economy

A couple of weeks ago, I asserted that although Liberal Leader Justin Trudeau sounds ridiculous on the economy (he wants to grow it “from the heart outwards”) and NDP Leader Tom Mulcair sounds more Earth-based, both men are in fact working from the same unrealistic myth.

Both men believe politics is merely a matter of choosing how to grow the economy – public spending versus private initiatives.

  • Maurixio Garciasanchez

    Public spending can update the whole country whit new roads,bridges, science and technology, that can make Canada very bright and attractive for business .

    • Justin St.Denis

      Go back to blowing your boyfriend, Maurixio. That makes little to no sense. Stick with what you know how to do.

    • jayme

      Smart spending can but both the Ndp and Libs don’t have smart spending its lets buy as many votes as possible.

  • Clink9

    Yes, let’s raid the public treasury. It worked so well for Bob Rae and Pink Floyd in Ontario.

  • sterling bell

    Public spending always produces just enough statistical bump to create headlines in friendly media….”jobs created!”. Meanwhile, simple math always shows that each job costs an obscene amount after it gets set up through the bureaucracy and distributed to friendly ridings. It’s a sugar rush at best and then the government is left with debt.

    It *might* not be so bad if the government had surplus cash around saved up during good times, but that concept is laughable nowadays, and it’s the part that so-called Keynesian thinkers have long forgotten. It’s just borrowing more and spending more.
    And who could forget idiot obozo giggling about how the ‘shovel ready jobs” didn’t turn out to be as shovel ready as they thought…

  • Public control versus private control – what works better?

    It has been tested.

    North Korea versus South Korea – what works better?

    I know liberals will find some asinine justification for the failure of North Korea.

    • Clink9

      A proof is a proof.

  • Brian Gardiner

    Growing the economy through public spending in a nutshell.

  • tom_billesley

    “Changer ensemble” does not translate to “Real change”.
    Isn’t the campaign a bit two-faced?