T-7: “It’s the Economy, Stupid.” #elxn42 #canpoli

via Broadbent Institute

Originally coined by Bill Clinton advisor, James Carville, the phrase “It’s the economy, stupid” has become a useful shorthand for what many elections are really about no matter how much politicians try to focus voters on other meaningless distractions.

This holds true in the current Canadian election where surveys have shown that 60% of people feel that the economy is the single most important issue.  And if you figure in that “jobs” comes in at 20%, that means up to 80% of Canadians feel that some aspect of our economy is the most important issue in this election.

So let’s take a look at some of the…

Facts About The Canadian Economy Under Steven Harper

Conservatives tend to be perceived as best party for the economy but, as much as it pains me to say, the Liberals actually have a *way* better track record than the Conservatives in managing the economy in good times and bad.

Beyond that, the fact is that the NDP actually have the most fiscally responsible record of any governing party in Canadian history – a huge surprise to most people who buy into the idea of “tax and spend socialists”.  But the reality is, going back to Tommy Douglas, the NDP realised the banks and corporate sector were not allies for their ambitious plans to improve the lives of everyday workers.  So by keeping the books balanced, they stood the best chance of getting things done (not to mention the benefit of not paying a bunch of money in interest.)

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