EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Sunday, May 15, 2005

How Much Can He [Promise to] Give Away?

I was not upset when Paul Martin's Liberals won the last election. Martin had been something of a fiscal conservative as the Finance Minister during the previous near-decade, and he had clearly been held back by Jean Chretien.

But what the heck is he doing now? Is he under pressure because he is leading a minority gubmnt and, as happened in the mid-1970s, selling out to the socialists? Or is he just trying to buy votes to stay in power? His latest handout in Saskatchewan is just one of many examples.

I'm disappointed. The crazy thing is, I can't figure out how giving money to Saskatchewan will help Martin win votes anywhere else.
 
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