Joe Who Said What?: Canadian Stimulus Package to the World

In Clark’s latest pontificating on economic policy, he recommends that Canadian stimulus (read deficit) spending should be a tap opened up to the rest of the world.

While spending our children’s money today on the faulty Keynesian premise of “economic pump-priming” appears to be in vogue, spending it elsewhere for the same purpose seems new to me.

There is certainly merit in helping poor countries integrate into the world market, expanding temporary foreign worker programs and pushing various other initiatives mentioned by Joe in this article, but dumping Canadians’ borrowed money into other governments that will likely waste it just as poorly as us is concept that I think merits special applause.