In cutting federal deficit, Harper covers his ears
John Ibbitson / Globe and Mail
Was it wrong for the Harper government to balance the budget this year? That depends on whether we have become as conservative as the Prime Minister thinks we are.
The government promised to eliminate the federal deficit by 2015 and it has, although it took a bit of fiscal legerdemain. But in the opinion of many respected economists, a balanced budget is a mistake.
Growth is sluggish. Interest rates are at historic...