Today's poll question; should stimulus spending be extended beyond the spring of 2011? The concern is that there are several thousand jobs dependent on stimulus money that will disappear when it is shut down. The Finance Minister's position is that funding will be examined on a case by case basis, where the Liberals contended that all monies should be paid out. The Liberals also contend that our deficit is a crisis, just so you know. But the catch is that no party expected the stimulus dependent jobs to be permanently funded by the government. These were always intended to be short term employment positions for one time infrastructure projects.
The Liberals are taking both sides of this issue; that we are in crisis yet might possibly maybe need to continue funding initiatives that they initially demanded. Should stimulus funding continue beyond the deadline? March might be a bad deadline because many Canadian provinces can't work on infrastructure projects from November to March. Bump the deadline back from March to maybe June or July, but this is not a long-term solution.
No,
ReplyDeleteit is up to the private sector to take over.
'Recovery spurring business creation, says survey'
OTTAWA — Canada's economic recovery, though showing signs of cooling, appears to have triggered an "entrepreneurial revival," according to a national survey released Tuesday.''
http://www.canada.com/business/Recovery+spurring+business+creation+says+survey/3590041/story.html
ps
The feds have fed-prov agreements for infrastructure projects outside the emergency stimulus funding,
so the 'regular' spending will continue.
EAP was a reaction to a collapse of private money and a depression scenario that had G20 step up to print money and stimulate demand.
ReplyDeleteNow it is time to withdraw the public hand for the private hand.
If you are in favour of more state intervention on a large scale to "fix it" you believe the state is better equipped to manage our lives.
I believe in a smaller state.
Wilson is correct, cooperation and spending will continue on a project per project basis. No one has suggested spending will be reduced to zero.
Balance the budget.
ReplyDeleteStimulus is code for deficit that our children will have to pay. Leaving a huge debt to out kids weakens Canada in th elong run. Harper knows this but the stimulus supports his short term electoral goals. It makes me sad that he abandoned his principles.