He's Baaaack!

SameAsHeEver
WasVille


It would appear that Stephen Harper's latest wall of (fiscal) fire, published last week in the paywall-protected portion of the WSJ goes all in on 'Austerity Baby!'.

Brian Platt, doing a little follow-up stenography in the National Post delivers the good Mr. Harper's kicker:

...In the column he takes aim at “leftists” who see the pandemic measures as a sign that bigger government spending should be the new normal, and that taking on high levels of public debt will be easily manageable down the road...

{snip}

...“‘Modern monetary theorists’ will prattle on about how with low interest rates and monetary expansion this does not matter,” Harper writes. “Their core belief — that governments can never really run out of money — is nonsensical.”...

{snip}

...“Governments that resist restoring free enterprise and fiscal responsibility will experience recession and stagnation,” Harper says. “Those that do the right things will lead their countries to a far more prosperous future.”


Sheesh.


.