Saturday, November 12, 2011

Canada, Cost Cutting, and Recovery

Despite the national health service in Canada, which boasts providing quality health care for free, the Great White North has undergone extensive cost-cutting.

Drastically reducing debt, pushing the unemployed off of state welfare, Canada reduced the debt, slashing spending six-to-one.

The country has enjoyed ongoing prosperity in spite of the numerous bank failures that have plagues the United States and the global recession at large.

Liberal legislators enacted the necessary reforms because they had no choice.

When they fired government workers, unemployment did not rise with it.

Canadian economist David Henderson argued that waste alone is so great, that cutting government spending does not have to harm a core constituency at all.

The United States government needs to heed this example.

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