As the Atlantic Monthly shows, Canada has the freest economy in North America. Canada’s economic freedom trails the world average only in government spending. Elaborate social and welfare state programs swell overall government expenditures. Government spending has also increased slightly due to implementation of a significant stimulus package. However, good fiscal management and federal budget [...]
Posts Tagged ‘economy’
What’s at Stake?
Several people sent me this link about what is at stake with the United States running $1 trillion deficits. The non-partisan Congressional Budget Office has also said the U.S. budget deficit will swell to a record $1.186 trillion in fiscal-year 2009 and come in at $703 billion in the 2010 fiscal year, which begins October [...]
Shipping costs crimping globalization
The New York Times has a good article about how shipping costs are changing production patterns. I think the article misses the point that this could mean that many of the goods that we take for granted as being cheap are going to cost us more and more over time. It isn’t just the shipping [...]
