Can Governments make economies grow?

[LEP]

If governments created growth that would be like the perpetual motion machine.

But they havent figured that out yet.

[biglentil]

Its taking larger and larger doses to keep the patient alive. Pucker up the next treatment may sting some the 'bail in'.

[burnt]

A relevant article from the Financial Post shortly after PM Kardashian was elected.

Their view? Running deficits stimulates economic decline. Surprise!

[URL="http://http://business.financialpost.com/fp-comment/justin-trudeaus-ill-advised-deficit-promises"]http://http://business.financialpost.com/fp-comment/justin-trudeaus-ill-advised-deficit-promises[/URL]

[cottonpicken]

If it worked we would all be speaking Russian.

[Hamloc]

For the first time in history the collective provincial debt has surpassed the debt of the federal government. All political leaders in Canada with exception of Brad Wall are talking higher taxes, greater deficit financing and more restrictive legislation all recipes for slow economic growth. Look at Europe with the exception of Germany, many countries with high taxes and slow growth. Funny how Canadian governments and Canadians themselves think the same policies will yield different results.

[burnt]

Potheads need pot to feel good. Crackheads need crack to feel good. Alcoholics need booze to feel good.
Governments feel good when running deficits.

Difference is that it is our money that pays not only for their habit but for their entire lifestyle.

[Hamloc]

Mustard, the majority of this subsidy is made up of uncollected taxes such as carbon taxes and is really a theoretical number not an actual monetary subsidy to the production of oil. It is a number that enviro's love to throw around to justify the real money governments will have to come up with to make other forms of energy cost competitive. I am not against low carbon energy production, I simply believe the technology isn't as affordable, again this has been proven in Ontario as an example.

[Hamloc]

Whoops to funny posted that on the wrong thread lol.

[LEP]

If governments created growth that would be like the perpetual motion machine.

But they havent figured that out yet.