|
I think it a bit ironic that Koch uses Canada as an example. We have not experinced drastic cuts in the last 8 years like we did in the mid 90s so not sure of his numbers of decrease in relationship to GDP. But 8 years ago we did have budget surpluses and lower unemployment.
The Kochs have publicly been opposed to stimulus spending, unions and regulations. Guess what, our federal workers are mostly unionized and our Prime Minister although opposed to stimulus spending on an ideological view has stated that "desperate times call for desperate measures" and not only has fully endorsed stimulus spending but now 90% of employed Canadians are employed making and erecting signage promoting the projects (slight exaggeration)
Canada has a stronger economy (lower unemployment and higher growth) then the US and never had the financial crisis or housing bubble and our recession has been shallower and shorter because of REGULATIONS. Our banking industry is highly regulated (Thanks Paul Martin) and the entire world banking industry has so stated that Canada has the strongest system in the world. I do not think a single Canadian bank failed to earn a profit each and every quarter for years and years. Yes there was some cost to our economy in terms of slight slower growth in the 90s but at the benefit of much less decline in the last three years.
This was not meant to be bragging that Canada is better than the US or any similiar vain. What I am trying to get at is the Koch brothers want the US to be a certain type of world, low taxes, little or no government intervention, no unions and a minimal government spending and letting the market place be the decider and use one aspect of the Canadian experience ignoring the facts that we have an exact opposite from his world view operating here.
| 
Quote: 
Similar Threads 
