purpleoscar
Rock n' Roll Doggie ALL ACCESS
Just because you're in the bastion of Conservatism doesn't mean that much of the rest of the country isn't left. I'm not sure how old you are or how long you've lived here (you've mentioned your father is an immigrant, I'm not sure if you are too?) but this country has been mainly left for a long time, and will continue to be. Further, the economics you preach, and the sources you trot out on a regular basis are not the definitive answer to the entire profession, no matter how much you may like to pretend they are. People should save? Yeah, that's common sense. But beyond that, you're guessing, like a lot of other people. It's laughable that you think you have all the answers to the economic problems currently facing most nations in the world. You're offering opinions, and nothing more.
I look at the history of Keynesian economics and then I infer from that. Stimulus packages are short-term. Keynesian economics is popular because economists need jobs beyond just teaching, and politicians usually look to Keynesians to increase government intervention. Keynes believed that once the debt was incurred then during the next boom the government should then pay it back. This can happen but it usually is unpopular and requires spending cuts. Harper only wanted to do a little stimulus because what's happening in the U.S. is not working.
The reason for stimulus is to encourage people to spend with low interest rates and forcing tax dollars (or debt/future tax dollars) to go to infrastructure expenses to create make work jobs. If you have good finances it doesn't really matter, but if you have tons of debt I don't see how listening to economists and spending more from borrowing would help you.
At least you get the savings idea. The savings rate is historically low so at least some people like you get it.
Yes I am aware that the east is more left-wing but I think I'm as human as anyone in the east so I feel that what works for healthy individuals here works in other countries let alone other regions.
Ireland used to be a third world country but not anymore.