The Ontario 2018 election thread

[hazard]

Strangely enough, my appreciation of Keynesian economics comes from the New Deal (a very Keynesian response to the Great Depression of the 1930's), because it worked. Even worse, my philosophy to business economics comes from Ford, the arch-capitalist himself, who said "There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible." Because it works. And it's surprisingly socialist; Ford didn't say 'paying the workers as little as possible' he said the opposite.

And for good reason. Spending money on the poor is a far more efficient investment in resources than spending it on the rich.


Something which the current cabinet should, perhaps, remember. Not least of which because the current Prime Minister (used to) teach economics. And quite possibly still does.