No ‘free lunch’ with debt-financed government spending

Warning about running deficits

Proponents focus on the average fiscal cost of program spending when the interest rate on government debt is less than the economy‚Äôs growth rate. They ignore the potentially large marginal fiscal cost of deficit-financed increases in spending that arise when a higher public debt increases interest rates on government debt and lowers growth rates. Read this articleNo ‘free lunch’ with debt-financed government spending

Canada is a big spender on health care but we lag behind countries in results

In the end, it is not only how much or how little you spend but what you spend it on and what you get for it. Canadian health care is not bad, but it could be better, given the amount of money being spent. Read this articleCanada is a big spender on health care but we lag behind countries in results