In response to:

Why Did Canada’s Economy Boom When the Burden of Spending Was Sharply Reduced?

t252 Wrote: Mar 06, 2013 11:55 AM
"Actually we suffered 8 years ok Keynesian spending under Bush making the economy weaker and less able to weather the housing collapse." nonsense.

In this appearance on Canadian TV, I  debunk anti-sequester hysteria, pointing out that “automatic budget cuts” merely restrain government so that it grows $2.4 trillion over the next 10 years rather than $2.5 trillion.

I also point out that we shouldn’t worry about government employees getting a slight haircut since federal bureaucrats are overcompensated. Moreover, I warn that some agencies may deliberately try to inconvenience people in an attempt to extort more tax revenue.

But...

Related Tags: economy