There is a curious disjunction between the rhetoric and reality of Prime Minister Stephen Harper’s economic policy. Call it the contradiction of Harpernomics.
On the one hand, the language is moderate and soothing: Keep a firm hand on the tiller; avoid sudden movements; given that the world is a scary and unsettled place, prudence is best.
When Finance Minister Jim Flaherty tabled his budget this week, he used precisely these kinds of calming words.
Sure, we’ll be doing a bit of cutting here and there, he said. But don’t sweat it. We’re only talking about trimming up to $4 billion a year from $80 billion worth of direct program spending. That’s just 5 per cent. Chill out.
http://www.thestar.com/news/canada/politics/article/1004225--walkom-the-curious-contradiction-of-harpernomics?bn=1