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Harper and Merkel: Partners in austerity

Prime Minister Stephen Harper and Chancellor Angela Merkel.
German Chancellor Angela Merkel visits Canada this week as champion of an austerity policy stance that is failing Europe.

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France and Greece celebrate electoral push back against austerity

Socialist Party supporters in Bastille Square cheered the end of the Sarkozy era in France. (Photo: democraticunderground.com)
France celebrated the defeat of Sarkozy over the weekend. Similar scenes took place in Greece, as the left rode a wave of anti-austerity sentiment.

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Ottawa protest serves notice: Austerity will meet resistance

In Ottawa yesterday, thousands protested Harper's austerity agenda. (Photo: Ariel Troster)
It's been a year since Harper got his majority. In Ottawa yesterday, thousands protested his austerity agenda.

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Preparing for the 2012 federal budget

Photo: Kitty Canuck
Finance Minister Jim Flaherty prepares to deliver one of the most draconian budgets in recent years.

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Images from anti-austerity rally in Toronto

Photo: Krystalline Kraus
Friday's rally in Toronto was organized as a pre-budget showdown in response to the Drummond report.

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International Women's Day march in Toronto

Photo: Jesse McLaren
On March 3, women from across Toronto took to the streets for International Women's Day.

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The commodification of children's play

Photo: Fiona L Cooper/Flickr
What are the implications for children and their caregivers when access to play spaces is limited?

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Trickle-down economics proves to be economic growth killer

Image: ipolitics.ca
A surprisingly strong report just released by the prestigious OECD may cause the public to regard neoliberal snakeoil salesmen peddling a trickle-down scam more skeptically in the future.

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Columnists

Trickle-down economics? It's a scam, confirms OECD

Image: ipolitics.ca

No doubt the rich and powerful have been cracking up with laughter for decades over their ability to peddle "trickle-down economics" to a trusting public.

But a surprisingly strong report just released by the prestigious Organization for Economic Co-operation and Development (OECD) may cause the public to regard these wealthy snakeoil salesmen more skeptically in the future.

Essentially, the OECD report reveals the immensity of the trickle-down scam, which the report shows has not only failed to foster economic growth as promised, but has proved to be an overall killer of economic growth.

Columnists

What happens when oil prices go down instead of up

Photo: Sten Dueland/flickr

Luck plays a part in any political career. Napoleon famously asked of a general recommended to him for his military prowess: "so he is good -- but is he lucky?"

A barrel of oil that was selling in the US$110 range last summer, now sells for less than US$70. That was not the future Stephen Harper and his ruling Conservatives expected when the party leader touted Canada as an energy superpower, based on massive petroleum reserves -- the world's third largest after Saudi Arabia and Venezuela -- locked away in the bitumen sands of Alberta.

But there is good news for the Conservatives in the bad news.

Lower gasoline and heating oil prices will put money into the pockets of strapped Canadian workers, helping to drive up consumption and employment.

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