Fiscal Policy Holding US Back

Document Type

News Article

Publication Date

11-25-2015

Publication Title

Savannah Morning News

Abstract

This column was published in Savannah Morning News.


On Oct. 19, Canadian voters elected the center-left Liberal party, pushing conservative incumbents out of office. Surprisingly, the victorious party’s campaign platform stands contrary to much of the western world’s viewpoint toward public sector policy in promoting economic growth. The center-left party turned away from the deficit-scolding, austerity-driven mentality running rampant since 2010 and, instead, focused on policy proposals aimed at strengthening longer-run public investment projects that offer more than just a loosely theorized transient bump to growth, like that of popularly proposed tax cuts...

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