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by toomuchredbull
1851 days ago
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As a Canadian, even I am surprised by how shallow the rhetoric of our PM is in terms of "building back better" and green future. He basically helicoptered an insane amount of money on the population for rampant consumerism and bailed out companies indiscriminately whereas built basically no transit, no green infrastructure whatsoever. |
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I take no issue with this. Keynes is right you need to prop back up aggregate demand, and keep people fed.
> bailed out companies indiscriminately whereas built basically no transit, no green infrastructure whatsoever.
That's the bad part. The demand-side stimulus should be indiscriminate because the supply-side policy should be extremely targeted. People buy whatever the good deal is, like an electric field pulls hardest on the stuff with the most charge. Its essential to to puppeteer the supply side so the environmentally good things are the good deals.