Tuesday, February 17, 2009

There Is Only One Sure Way To Weather The Storm of This Recession: Shrink The Size of Government

So some conservatives are still demanding that dissenters on the question of Harper's budget draw them a road map to a healthier economic policy?

Been there. Done that.

But if they need a little more help, I'll make this as simple as possible.

Despite a relatively strong showing overall in international rankings of economic freedom, Canada is still unacceptably weak in the areas of government size and freedom to trade internationally. We need to decrease the personal and corporate tax burdens and eliminate all barriers to trade immediately, shrinking the size of government in the process. I can't make it any clearer than that.

In the words of Thucydides, author of the blog Uncommon Sense, writing in the comments section of a previous post of mine, "The ultimate goal should be to make Canada a North American tax haven and attract American investors and skilled workers who will be looking for a safe haven from the high tax, high regulatory and eventually high inflation of 'progressive' America."

The following are some clear ideas put simply, courtesy of the Center for Freedom and Prosperity.

Please take notes, Mr. Prime Minister.

Four Lessons For Growth:

(1) Protect sound money, rule of law, and property rights

(2) Don't make multiple mistakes

(3) There is no single policy for prosperity

(4) Small government is good for the economy

For more information on Canada's relative standing in the world on the issue of economic freedom, please download Chapter 3 of the Fraser Institute's Economic Freedom of the World report at the following link and skip to page 25.

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