At what point does something that was once new, turn into old, and make way for something newer? Twenty years? 30? 40? I ask in light of the CBC's Terry Milewski's question to NDP Leader Tom Mulcair at his first news conference. How do you expect to appeal to voters, he prodded, with a program so "antiquated"?
Neo-liberalism and the ongoing economic assault on ordinary Canadians
Two recent stories out of Ottawa underline the ongoing political and economic assault on ordinary Canadians. More Canadians are now working for low wages than at any time in decades, continuing a trend that began in the early 1990s, and Stephen Harper has announced major changes to retirement benefits -- including delaying Old Age Security(OAS) eligibility to age 67. What kind of society beggars those of its citizens who worked all their lives and now want to retire in dignity while privileging the rich and super-rich by slashing their income taxes and allowing them to transfer their wealth to their children untouched?
Invisible hand has failed Canadian innovation
When it comes to Canada's lousy record in productivity and innovation, the standard prescription of economists is both clear and predictable. They believe unregulated markets are the best way to allocate resources and determine the composition of output. Therefore, to improve efficiency and innovation, simply improve markets: Eliminate "distorting" taxes. Eliminate regulations. Sign more free-trade agreements. Cut "red tape." That will unleash the full potential of the private sector to innovate and optimize, and Canada will become a northern tiger.