TAPC

Jan 24, 2009 04:30 AM
David Olive
Toronto Star Business Columnist

As with all fads, we should be wary of the deficit chic that has turned the heads of even the most resolute deficit hawks. It will prompt the federal finance minister, Jim Flaherty, in his “stimulus” budget Tuesday to put Canada on the road to a $64 billion deficit over the next two years – surpassing the record $43 billion deficit of the early 1990s that Canadians sacrificed for years to eradicate.

And it’s unlikely to accomplish much. The main reason for this, I suspect, is that Canada is not in an economic crisis at all. Continue Reading »

Linda R. Monk, J. D., is a constitutional scholar, journalist, and nationally award-winning author. A graduate of Harvard Law School , she twice received the American Bar Association’s Silver Gavel Award, its highest honor for law-related media. Her books include The Words We Live By: Your Annotated Guide to the Constitution, Ordinary Americans: U. S. History Through the Eyes of Everyday People, and The Bill of Rights: A User’s Guide. For more than 20 years, Ms. Monk has written commentary for newspapers nationwide, including the New York Times, Washington Post, Los Angeles Times, and Chicago Tribune Continue Reading »