Tory Times Are…

“A major cyclical downturn, but nothing that requires major government intervention”

Well, that’s what “Grit Girl” would have people think, with this new and expanded version of a previous attack video, that comes on the heels of today’s figures reporting that unemployment hit a 7-year high, with the loss of another 61,300 bringing the number cut since October 2008 (back when there was no recession, remember) to 357,000 jobs cut, or 2.1 per cent of the work force.

But oh-oh! Here’s what Harper said in context on Fareed Zakaria’s GPS program at the beginning of March:

I’m not generally a Keynesian, but when you have the kind of drops in economic activity we’re having and interest rates near zero and financial sectors, the banking sector not translating investments into saving or savings into investments, you have no choice but to have the government move in, observe those funds and put them to work. Now, one can criticize is it fast enough? Is it effective? Are the long-run benefits sufficient?

But I think the fiscal stimulus does have to be done and obviously, there’s going to have to be major non-market fixes to the financial sector and to the housing sector. We’re just fortunate in Canada we don’t have to do those kinds of policies because they’re fraught with enormous long-run danger in terms of creating moral hazard, risks to future economic decisions. But we haven’t had to do that. As you said, we don’t have the bank failure in Canada and we don’t have on the housing side, we have also regulation on government housing insurance that’s prevented sub-prime type of situation. We have a cyclical downturn but nothing that requires major government intervention.

So, is it fair to take a remark the PM made about the housing and financial sector and attach it to the mounting tide of unemployment? Especially so when the government is, in fact, taking the plunge into unprecedented deficit spending that could fairly be argued represents a “major government intervention.”

Maybe this sort of thing is pleasing to Liberals and I suppose fair is fair given how the Conservatives lie through their teeth with their malicious attack ads, but I’ve never much subscribed to the notion that two wrongs make a right.

22 Replies to “Tory Times Are…”

  1. Agreed. Prepare to be descended upon by bees though. If you mess with GritGirl the Grits get … well… you know.

  2. but I’ve never much subscribed to the notion that two wrongs make a right.

    Two wrongs make a right, Red 😉

    This is just an attack ad. And arguably more substantive than the puerile, personal ones we’ve been subjected to for three years now, some at the expense of taxpayers, even.

  3. Yeah, yeah… I know. But when the righties blatantly take things out of context we call them douchebags. Just sayin’… 😉

  4. But when the righties blatantly take things out of context

    No matter what, the Righties always will take things out of context and will present anything anyone expresses in the worst possible light.

    The goal here is no longer longer to shame them by highlighting bad policy, or governance or hypocrisy or their endless contradictions, but to shame them, tout cru.

  5. I gotta agree Red. Better to win via the high road, than crawl down with the pigs.

    Besides, with Jim Flaherty dishing out the gems, who needs to take Harpo out of context?

    Mike

  6. So, is Grit Girl really Warren K and/or the kids at Daisy? Is that a well known assumption/fact?

    I think the whole “construction” of GritGirl as some kind of independent, grassroots netwizard is pretty lame, and I’m not buying any of it…but it would be interesting to know who this girl – or, more likely, guy – is.

  7. I’m just numbed by the whole process. I drive around on deteriorating roads and cuss the Pattullo Bridge , all the while muttering “Infrastucture..infrastructure”.
    When all is said than done more is said than done”.

  8. I gotta agree Red. Better to win via the high road, than crawl down with the pigs.

    When…WHEN…has taking the high road been the one to victory in the last 30 years?

    I really don’t like wallowing in cynicism, but I think a certain realism is required now. Life isn’t fair. It just isn’t. It should be, but it isn’t.

    This attack ad isn’t “crawling around with pigs.” The naked picture thing is and the Liberals in question are already apologising for it.

  9. Come on, Ti-Guy. What about Chretien in 1993? Blair in ’97? McGuinty in 2003? And, um, Obama?

    They all ran so-called high road campaigns. Of course, the incumbents they all beat were massively unpopular, but don’t tell me taking the high road can’t bring victory.

  10. I don’t mind attack ads; it’s part of the political game. But there are plenty of facts on which to attack one’s opponents. Fudging the facts or making them up is just not right, no matter which side does it.

    So, yes, I agree with you, RT.

  11. Come on, Ti-Guy. What about Chretien in 1993? Blair in ‘97? McGuinty in 2003? And, um, Obama?

    What about Mulroney in 1984, Major in 1990, Harris in 1995 and Dubya in 2000?

    The high road wins only after the low road ends at a cliff. Why the population chooses the low road so often remains disastrously unexamined.

  12. Hmmm? After watching that Grit Girl video. I guess they won’t be calling him “Stephen Jobs” anytime soon?

    More like Steve Jobs-Lost

  13. “I’ve never much subscribed to the notion that two wrongs make a right.”

    lol – I suspect your avatar would feel quite different about it. 🙂

  14. Hmmm? Part Two: Steve Jobs-Lost:

    No quick end in sight to job losses: Economists

    By John Morrissy,
    Financial Post
    April 9, 2009 7:30 PM

    Economists see no quick end in sight to the dramatic job losses reported Thursday by Statistics Canada, showing the country shed 61,300 positions in March to push the unemployment rate to a seven-year high of eight per cent.

  15. “When…WHEN…has taking the high road been the one to victory in the last 30 years”

    and yet:

    “Why the population chooses the low road so often remains disastrously unexamined.”

    look closer.

    KEvron

  16. Bees. Try not to pees them off. They’re worst than locusts when riled.

    O/T and a query to another commenter, why would you assume Grit Girl is a guy? Is Grit Girl’s accomplishments too manly for you? Not girly enough for you? Does it matter to you what someone is packing? If so, why?

  17. Harper: “We’re just fortunate in Canada we don’t have to do those kinds of policies because they’re fraught with enormous long-run danger in terms of creating moral hazard, risks to future economic decisions.”

    Frankly when Harper starts talking morals I run for my gun.

    Sometimes I just snuggle it. Other times I make sure it is raring to go, all oiled up and purty…

    Pity they are not allowed in church, or openly on the streets; spend most times under the bed amnestied off a registry like the beautiful renegade it is.

    Except when it’s allowed out to defend from trespassers…

    The best way to get trespassers is to sign up in some pious organization or political party. Visitations are more plentiful than if you lived in UFO central Arizona, but with a Canadian flare.

    Dingbats in Canada will be shot with a registered weapon 6 times out of 10. Next year’s stats are projected at 3 times out of 10. So Tory times are not tough times for trigger happy gun-toters.

    Good news!

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