Mr. Speaker, the habits of economics professors do not die easily. Recently I found myself giving the finance minister a passing grade; now I must give the Prime Minister a failing grade.
He obviously does not yet understand that smaller deficits lead to lower interest rates, more investment, higher productivity and therefore more permanent jobs in the private sector. Direct government job creation is obsolete.
Would the finance minister please share his good judgment on these matters with the Prime Minister and get him to tell Canadians about the win win benefits of spending cuts?