John Ivison: Liberal spending priorities focus on consuming today and shortchanging the future
Governments ignore warnings about impending catastrophe until it is too late because there is an electoral disincentive to prepare for the future
Author of the article: John Ivison
Publishing date: Mar 11, 2021 • March 11, 2021 • 4 minute read •
With Finance Minister Chrystia Freeland’s imminent budget expected to detail how the government intends to spend the $70-$100 billion in new fiscal stimulus, it is a useful yardstick by which to judge this government. Photo by Blair Gable/Reuters/File
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One day this spring, we will have a budget. On another day this fall, the federal government will wind down the labour market supports that will, upon completion, have distributed cheques worth $165 billion to workers.