The Western govts approach to the financial and economical debt problems with bailouts and stimulus is creating a "pick and choose" world. It determines who get what and how much. It is not to who does the best or does well. There are new economic and financial rules that are being created. These new rules and regulations do not require earning of a profit, or pay back of the govt financing, it requires meeting certain "social" policies.
This is not free markets. This is Central Planning, and we all know how well that works!
The fix to this financial / economic problem, is not with govt bail outs or spending. This problem was caused by something else. That issue needs to be resolved.
The solution to this problem is not easy nor pretty.
But that is what is what people want and politicans promise.
The solution that the Central Planners are promoting will only make the problem deeper and longer. Eg ...the 1930's
That all said...I think Canada is better managed than most of the Western World, however, Canada will be hurting during this down turn, since it is resource based economy.
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