Monday, July 27, 2009

Fwd: FW: National Post Story

Canada looks likely to become in the 2010s what the United States has
been since 1980: the English-speaking world's beacon of enterprise and
limited government. Canada now seems poised to collect its due rewar

Subject: National Post Story

Canada emerges as limited government case study..

7/25/2009 12:00:00 AM

Our time to shine

David Frum, National Post
Published: 7/25/2009 12:00:00 AM

Canada and the U. S. are experimenting with two radically different
responses to the great recession of 2008-09. The Obama administration
has opted for a massive increase in government spending and government
debt. It enacted a colossal stimulus package, followed by a topped-up
supplemental budget for the second half of the 2009 fiscal year and an
even more extravagant budget for 2010. U. S. federal budget deficits
are exceeding a trillion dollars a year; over the next 10 years, the
country will accept more debt relative to national income than at any
time since the end of Second World War -- and that's before counting
the cost of the President's ambitious health-care plans. (Obama
insists his plans will save money but nobody believes it --not even
the Democrats' own Congressional Budget Office.)

read more

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