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.
- Wednesday, January 21, 2009