Tuesday, 3 April 2012
Another note on Harper spending
The link below shows federal program expenditures as a percentage of GDP.
While program expenditures under the government are a higher percentage of GDP than they were right after the Chretein-Martin austerity measures, they're still not as a high as they were in the mid-1990s or during earlier decades. The rise in government spending as a percentage of GDP is likely the product of slower private sector growth due to the global downturn and and the (small) stimulus response via Canada's Economic Action Plan.
The "big spending" Harper meme that Andrew Coyne and Calgary Grit perpetuate is unfounded. Not that conservatism every was about "small government" - it's more about "big plutocracy".