Blogs & Comment

Let the backlash begin

It didn’t take long for the opposition to jump on the optimisticeconomic outlook Harper presented to the Brampton Board of Trade yesterday. Here’s a small serving of some of the comments.
Michael Ignatieff as reported in the Toronto Star: “Canadians are losing jobs at twice the rate of the Americans right now, and it’s not good enough to go to Canadians and sing them happy songs.”
Jack Layton in the Globe and Mail: “Don’t worry, be happy.”
TD chief economist Don Drummond in the Globe: “That’s certainly not what we forecast. We see a fairly similar pace of recovery as the United States. In fact, under the great economic principle of what falls the most usually rebounds the fastest, the U.S. would actually have the advantage.”
Even Maclean’s funny man Scott Feschuckweighed in: “Is it safe to say that Harper failed utterly in his ham-fisted attempt to ‘inspire’ the Canadian people? I think it is. In oratorical terms, Canadas ‘relative debt-to-GDP’ ratio is not exactly the ‘better angels of our nature.'”
Whether or not his speech was Obama-like or not isn’t the issue. Neither is the fact that he’s taking a positive view of Canada’s financial future. It’s what happens if he’s wrong.
Says Brian Laghi, the Globe’s Ottawa bureau cheif: “The risk of this new and cheerier attitude is that Mr. Harper may end up being wrong about the Canadian economy outperforming those of other countries. If that were to happen, the Prime Minister will have reduced his credentials as an economist and as the leader who can keep a steady hand on the tiller.”