Comment 75841

By iamjoe (anonymous) | Posted April 11, 2012 at 01:58:37

Didn't the austerity budgets at the federal and provincial level do wonders for Ontario's employment situation in the 90's? The point of austerity is that it gets the government out of the way of the economy so that it can start operating again. I've never, ever heard of a country that faced economic calamity as a result of austerity. It just doesn't hold.

I think the article is loaded with the same assumption that the soviets had; the economy is run by the party, and it's the party's job to provide jobs to people. That growth comes from the government's management of people, and not from the people and their own efforts.

This is a fundamentally flawed philosophy. This has never worked and it can't work.

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