Comment 81245

By A Smith (anonymous) | Posted September 25, 2012 at 21:45:03 in reply to Comment 81221

Canadian business investment as a percent of GDP, by decade...

60's: 12.34%, free health care, old age pensions
70's: 12.70%, expanding social programs
80's: 12.93%, high unemployment, higher welfare/EI
90's: 11.38%, big deficits leading to spending cuts
00's: 11.99%, corporate tax cuts

Canadian business actually invested more when we had larger social programs.

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