Monday, October 13, 2008

Stephen Harper; Why wasn't he told about this economy thing?

Harper- trained economist- I guess he was home sick on the day they covered that recession stuff.

WITNESS: Oh no! A global crisis just ate Canada's election
by David Ljunggren

OTTAWA (Reuters) - It's not every day you get slapped down on live television by the leader of a major industrialized nation, but these are unusual times.

A month ago, at a news conference to mark the start of Canada's election campaign, I asked Prime Minister Stephen Harper why he was so sure he could keep the budget in surplus.

The ailing U.S. economy was headed for much bigger trouble, I said. And given that the United States swallows 75 percent of all Canadian exports, this was surely bad news for Ottawa.

Harper, an economist by trade, looked at me sternly.

"First of all I would just call on everybody to engage in analysis more sober than that," he said to snickers from the audience.

It was unlikely there would be a U.S. crash or recession so everyone should remain calm, he added.(more)

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"If I had to choose between betraying my country and betraying my friend, I hope I should have the guts to betray my country."
-E.M. Forster