Robin Hood Economics

Canada’s economic context at the time of Election 2011 is one of “precarious recovery”, and overall demand conditions are weakened by a few major factors. Unemployment is still just under 8%, which is good compared to the double-digit unemployment of the early 1990s, but not great compared to the expansions…
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The NDP On Business Taxes and Jobs

The media coverage of Jack Layton’s announcement yesterday was disappointingly thin, and the details (including on the NDP web site) are pretty hard to find. The NDP would go one better than the Liberals in raising the federal Corporate Income Tax rate from 16.5% today (and 15% next year) to…
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Election Stimulus

One of the common complaints about elections is that they cost money (and therefore we should have fewer of them).  The last two federal elections cost around $270 million (incidentally a little less than the additional amount it would have taken for the government to meet the NDP’s GIS demands…
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Coalitions and the Economy

Harper’s key framing argument is that a stable majority is needed to maintain an economic recovery which would be derailed by a coalition. I find this more than a little ironic. Canada has indeed had a milder recession and stronger (though increasingly tepid) recovery than other advanced industrial countries. Real…
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