Canada Decides to Save Capitalism from Itself

Canada's Liberal Party, which is lead by Justin Trudeau, won the election by promising increased government borrowing and spending. arindambanerjee/Shutterstock.com
As I pointed out in my post about Bertha, the orthodox response to an economic crash or recession is for the government to cut spending. Though this policy plainly makes no economic sense (even to the woman or man on the street), it is the leading economic doctrine in the world. Go to Greece, go to Ireland, or just stay here in Seatt