Sunday, October 19, 2008

Ignoring deficits

So the news du jour seems to be that Harper might run a deficit.
And from what I am reading lately, running a deficit would be a good thing -- the economy needs government spending now, not cuts and cutbacks.
There is apparently a new anti-deficit focus among the American right-wing. For the last 8 years, they couldn't have cared less about Bush spending trillions on Iraq, and it was Cheney who said "deficits don't matter" But now of course they don't want Obama to be improving health care and infrastructure, so now deficits are baaaaad -- I expect we'll see lots of punditry over the next few months worrying so much about the deficit and how irresponsible it would be for Obama to spend anything. dday at Hullabaloo calls it creeping neo-Hooverism, and no doubt this attitude will bleed over into Canada, too. I hope Harper just ignores it -- he's pretty good at ignoring things!

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