Avoiding A Chicken Little Budget
A sober look at some of Canada’s economic fundamentals reveals panic and over-reaction
By Kevin Gaudet —— Bio and Archives--January 21, 2009
Canadian News, Opinion | Comments | Back To Full Article
Any Canadian who has been listening to politicians and spin doctors lately would likely believe Canada’s entire economy was teetering on edge. In truth, calm should be the order of the day, not panic. The sky is not falling. In fact, it is not even close to falling. Granted, an economic acorn or two have fallen in Canada. These acorns have driven some to scurry around like Chicken Little stirring up a frenzy of calls for massive government intervention. Yet, we must remember a moral of Chicken Little: when one blindly buys into hysteria, the consequences can be dire.
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