Flaherty's Double-Dog Dare

Now that Iggy and his Stooges are backing away from the coalition, Jim Flaherty is designing a budget that's top-heavy with government tax cuts. Which is a standard Milton Friedman-esque budget that will be top-heavy with tax cuts but will have little to no stimulus package. And Iggy will smile, roll over, and play dead.

Tax cuts aren't the economic answer. If you're scared you're going to lose your job, you're going to stop spending, no matter what tax breaks the government may offer. If you think your job is safe, then you'll buy that house or car. That was the lesson that should have been learned from Flaherty's cut to the GST. But Flaherty is a Conservative. Conservatives never learn.