Apparently Stephen Gordon is having a hard time figuring out where Andrew Jackson, the chief economist for the CLC, got the bizarre idea that: The argument for corporate income tax cuts has been that increased after-tax corporate profits would be … Continue reading →
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Accidental Deliberations: Thursday Evening Links
This and that for your Thursday reading. – Andrew Jackson notes that the IMF is telling countries in Canada’s position to hold off on gratuitous austerity. And Trish Hennessy wonders why so many Canadians seem to have forgotten what happened last time budget-slashing was in vogue. – Meanwhile, Erin documents
Continue readingAccidental Deliberations: Parliament in Review: November 21, 2011
Monday, November 21 featured the final day of debate on the Harper Cons’ omnibus budget bill. The Big Issue Not surprisingly, the final day of debate on budget legislation gave rise to plenty of clash, with Peter Julian offering up the best summary of the contrasting positions: What the Conservatives
Continue readingThe Disaffected Lib: Looney Lefties Call for End to Austerity
Lefties – as in the International Monetary Fund, the World Bank and the World Trade Organization – have joined in a warning to western governments of the economic and social risks they’re inviting through austerity budgeting. “Expressing concern about the weakness of economic activity and rising unemployment, the IMF‘s Christine
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading. – Alex Himelfarb nicely summarizes the price of austerity: Let me be clear that I share in the broad consensus that we must be fiscally prudent. But let’s pause on what fiscal prudence really means: It means spending wisely, reducing waste, collecting sufficient
Continue readingAlex's Blog: The Price Of Austerity
Austerity, we have been told repeatedly by pundits and political leaders, is the defining issue in these uncertain times, the solution to our economic challenges. We have been given fair warning that the next federal budget will be first about cuts – cuts to government even as we continue to
Continue readingAccidental Deliberations: Sunday Morning Links
Miscellaneous material to end your weekend. – Chris Selley rightly points out that for all the damage the Cons can do in a term of majority government, we shouldn’t overstate how much of it is irreversible. And more importantly, while it’s well worth putting time and effort into defending the
Continue readingAccidental Deliberations: Saturday Morning Links
Assorted content to end your year. – Paul Krugman once again laments the determination of anti-government fundamentalists to avoid learning the lessons that should have become glaringly obvious over 70 years ago: In declaring Keynesian economics vindicated I am, of course, at odds with conventional wisdom. In Washington, in particular,
Continue readingAccidental Deliberations: Saturday Afternoon Links
Assorted content for your weekend reading. – No, there’s no doubt that the Harper Cons’ position on greenhouse gas emissions has been both amoral in its disregard for climate change, and ill-founded in its pretence that Alberta’s failing “intensity” targets will do anything positive. Which makes it all the more
Continue readingAccidental Deliberations: Sunday Morning Links
Assorted content for your Sunday reading. – It’s bad enough that what’s passing for climate change discussion is an agreement to keep meeting for years on end that doesn’t really advance matters any from the early ’90s. – But lest there be any doubt, the Cons aren’t quite happy enough
Continue readingProgressive Proselytizing: The Authoritative Conservative-to-English Dictionary
Conservative-speak can be confusing for the less practice ear. I know, I know, it sounds like English, but perhaps it is just a different dialect? And it just all sounds so good; surely fixing the deficit, creating jobs, and promoting freedom and democracy is a good thing? To aid in
Continue readingShame on us: 600,000 Canadian kids live in poverty
I wonder what happened to the pledge to eliminate child poverty by the year 2000? While the goal of eliminating child poverty was likely never achievable, it isn’t unfair to expect that at least we could have made some significant gains to that end. Instead while the percentage of children
Continue readingAccidental Deliberations: On political efficiencies
Susan Delacourt rightly points out a trend toward limiting or even reducing the number of elected representatives as a means of cutting costs. But it’s hard to escape pointing out the obvious opportunity for what should be more obvious savings on the federal level: wouldn’t it make more sense to
Continue readingThe Disaffected Lib: When They Preach Austerity, They’re Just Screwin’ With You
Western leaders weren’t listening in 2006 and 2007 when genuine “thinking” economists like Krugman and Stiglitz were warning that their house of cards was about to collapse. Even self-proclaimed economists like Harper ignored them and later said no one could see the collapse of 2008 coming. No one who
Continue readingStimulative austerity bearing fruit in Britain? Not. Nor globally
George Osborne was quick out of the gates with the austerity as stimulus gambit. Which as everybody from myself to Paul Krugman predicted was going to be a flop. Osborne has been trying to save face by arguing that his … Continue reading →
Continue readingOf Bankster Coups d’etat
First it was Papandreou of Greece and now Berlusconi of Italy has resigned in the wake of a bailout agreement. These resignations are being played in the corporate media as contrite politicians admitting failure and falling on their swords. In fact they are nothing of a sort, rather they are Bankster led Coups d’etat forced upon them by the troika of European Union, the International Monetary
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading.- J. David Hulchanski identifies the most important common theme within the Occupy movement:One thing the “Occupy” movement does not lack is a clear message: the system is broken and the folks who broke it ar…
Continue readingExcited Delirium: Follow the Money Behind Europe’s Debt Crisis
Fake fiscal emergencies are breeding the need for ‘austerity measures’ which must be resisted.
Continue readingRedBedHead: Occupy Toronto: The Beginning Of A Much Needed Revolt
When the New York City cops went in hammer and tongs – or rather, truncheons and pepper spray – to try and drive out the Occupy Wall Street protesters a few weeks back, they probably weren’t thinking that they were about to help spark a glob…
Continue readingAccidental Deliberations: Weapons of mass economic destruction
Shorter Stephen Harper:Unless the beatings intensify, morale will never improve.
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