There's a lot for econobloggers in the US and Europe to get exercised about. They are facing serious problems, and their policy makers have demonstrated an alarming inability to deal with them. It's harder for Canadian econobloggers - okay, for this particular econoblogger - to put together arguments documenting how Canadian policy makers got things terribly wrong and what should be done to get us back on track.
So instead, I'm going to consider two "what ifs?" where Canadian policy-makers could have - but happily did not - get things terribly wrong.
Continue reading "Two 'what ifs' about Canadian macroeconomic policy during the recession" »
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