Canada’s Prime Minister Mark Carney said on Wednesday that the upcoming federal budget would focus on both austerity and investments, adding that current government spending was unsustainable.
Canada has been dealing with economic uncertainty since the start of the year, so the primary focus of the budget will be to cut operational spending and trigger investments into major projects, Carney told reporters in Toronto.
“It’s a budget of austerity and investment at the same time and that’s possible if you have discipline,” he said
Think longer term. How did the stage get set for this outcome? How could someone like Trump get elected in a healthy and properly functioning democracy? This is a consequence that was decades in the making, at least. Maybe being “realistic” about what we think we can achieve is what got us into this mess. Maybe we need to start questioning this “reality”, because it doesn’t seem to be working out very well for us. Maybe wishing for something better is our only hope. Or maybe it’s the first step to something actually better.