Tuesday 1 September 2009

Read this:

"Liberal finance critic John McCallum said Tuesday that his party should bring down the Conservative government over its management of the economic crisis, saying the Tories were too slow at getting fiscal stimulus money out the door this summer.
McCallum also pointed to Monday's news that Canada's economy grew by 0.1 per cent in June, about half the growth the private sector had expected.

"Well I certainly think a strong case can be made for a change in government on grounds of economic mismanagement because yesterday's growth numbers showed that, far from leading the G7 out of recession, Canada was dead last in its economic performance in the second quarter," McCallum told Smith during an interview on News Channel."

Forget about letting the Tories frame the lack of action on EI as the issue: this lack of action is simply one part of general Tory mismanagement of an economy in crisis, and should be addressed as such, but only as one of the many examples of mismanagement.

A far more important example of the mismanagement of an economy in crisis is the lack of actual stimulus spending, and the lack of oversight of the stimulus effort. When the Liberals pushed the Tory government to prime the pumps of our faltering economy, we did not for one moment say that the Tories should do that without oversight, nor did we expect the stimulus spending (which caused huge deficits) to be spent on items of no long lasting or strategic positioning value to our country.

The Tory team is not the right team for the sound economic stewardship our country needs right now. They should be held accountable for their lack of urgency, their frittering away of a chance to make public infrastructure investments which would provide benefits to the country's future workers for years to come, for their lack of adequate monitoring of the taxpayers monies spent, for their insufficient information flow to the taxpayers on exactly what was being done to prime the economy, and for their unwillingness to reach out in a meaningful, respectful and effective way to the other parties in Parliament so as to gain their support for an economy in crisis.

Now it is time to table the lack of confidence of the Liberal Party in the mismanagement of our economy in crisis by the minority Tory government.

Good framing, John.

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