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Michelle Bachman claims Canada did not do much of a stimulus and our

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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 05:41 PM
Original message
Michelle Bachman claims Canada did not do much of a stimulus and our
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=1336152&mesg_id=1336152

economy is doing better than the US. What bullshit! Obviously they looked around and could only find this phony example that was anti Keynesian.

Canada did do a stimulus. We are doing better than the USA. We do not have a huge recession because our banks were properly regulated and did not do sub-prime mortgages. We did not have a housing bubble. Our recession is mostly because we are dependant on our exports to the USA and your economy has tanked.

If they are dredging up false narrative like this than they truly cannot find a nation in the world that proves their anti-Keynesian rhetoric because no proof exists!
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 05:48 PM
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1. They did not do
as much Reagan and Bush either.
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hifiguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 05:51 PM
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2. The Canadians also never de-regulated their banking system
which is why they have the soundest banks to be found anywhere.
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lifesbeautifulmagic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 05:58 PM
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3. health care system takes much of the pressure
off of small business.
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