This Magazine

Progressive politics, ideas & culture

Menu

balanced budget

September-October 2015

Tories in review: balanced budget

Deconstructing the myth of the balanced budget

Nathaniel Basen

THERE IS NO REASON for the federal budget to be balanced at any particular time, argues Jim Stanford, an economist at Unifor and author of Economics for Everyone. The cartwheels necessary to balance Canada’s federal budget, he maintains, actually ensure slower growth and smaller future surpluses. It could, in short, harm the economy—not boost it. […] More »