The current economic crisis has led to unprecedented government spending. This spending is funded by borrowing or by 'printing money' (which has an effect similar to borrowing) to support furloughed and unemployed workers to the tune of roughly $80 billion and to subsidize corporate revenue. This has been necessary to prop up basic economic activity in an attempt to delay the impact of the economic consequences of the recession. Unfortunately, neoliberal policy makers are already trying to convince us that giving public services away to private interests is the only way to pay for this debt.
La crise économique actuel a mené à un niveau inédit de dépenses gouvernementales. Ces dépenses supplémentaires, financées par des emprunts publics ou, parfois, en imprimant de l’argent (dont l’effet est semblable à celui des emprunts), secourent les travailleurs en chômage temporaire ou permanent au montant d'environ 80 milliards de dollars et subventionne les revenus des entreprises. Ces actions sont nécessaires pour soutenir l’activité économique essentielle et pour reporter à plus tard l’impact des conséquences économiques de la récession.
The NB Media Co-op interviews philosopher and critic Alain Deneault. '… the Irvings have developed their structures in a productive corner of the country, forgotten by the public authorities and big capital, in a bid to marginalize competition. Multinationals like Shell, Total and Exxon are led to act in a concerted manner, notwithstanding the competitive relationship they maintain among themselves, when they need to curry favour with one of the many states in which they operate. This opens up the game a little, while in the Maritimes, the family holds outrageous power. They managed to obtain from legislators both tax benefits and a readiness to oblige such as are rarely seen.'
Imagine my surprise when, a few weeks ago, in a theater of a mall, I encountered two characters I had written about in my own book: King Leopold's Ghost | by Adam Hochschild | Warning: contains spoilers