The triumphalism of the federal government throughout the global crisis has become increasingly far-fetched, but the Harper government shows no shame in continuing to milk it for all it's worth.
Inside Toronto city council chambers yesterday, the anti-Ford cuts voting bloc was able to draft a last-minute omnibus motion to save $15 million worth of city services and programming from being cut.
Further to Toby's post, the OECD report on inequality is worth a careful read. It bolsters, through careful analysis, two key arguments long advanced by the labour movement and progressive economists.
The best one can say about yesterday's Economic and Fiscal Update is that it signals some very slight flexibility amid changing circumstances.
Prime Minister Stephen Harper, who prides himself on being an economist, has characterized his government's fiscal policy as "expansionary."
The genius of the Ford position is that we are losing sight of the fact that there is anything to debate in politics except how to save money.
Andrew Watt has written an especially cogent piece on why the balanced budget rule proposed for the Euro area by Merkel and Sarkozy is a very, very bad idea.
Rob Ford has been too busy figuring out how to cut city services to have noticed that last week in the U.K., thousands of angry kids took their power in the way they know how -- a destructive rage.
A short addendum to my previous post, after I checked the most recent IMF projections in the June 2011 Update to the Fiscal Monitor.
Maybe they should have postponed Barack Obama's 50th birthday party until he shows signs of growing up a bit. He first looked callow, like a kid not quite up to it, in his BP oil spill speech.