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Canadian Government Spending Now 80% of GDP Growth
(betterdwelling.com)
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this post was submitted on 31 Aug 2024
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Public spending playing a large role in the economy is not a bad thing. That is unless you haven't got off the neoliberal mental train. The real results are what's important. When the private sector clutches its pearls instead of investing, the government has to fill the gap. If they don't we end up in a bad crisis. It's good to see that the two of the three major parties know this.
Yeah if we spend half as much but get only 1/4 as much done that's not a success.
Spending 50% more to initiatives that inflate the value of real estate as our GDP is not good either.
Then fucking force companies to reinvest then. Tax the shit out of profits unless it is reinvested back into the economy through their employees and any other mean.
Corpos are quick to suckle at the government tit for subventions that they don't need, but when comes the time to give back to their community, crickets.