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Your contributions to this discussion forum will provide the basis for further discussion in class. You may refer to other sources as needed. Read the
Your contributions to this discussion forum will provide the basis for further discussion in class. You may refer to other sources as needed. Read the article below to answer the question, focusing on analyzing two opposing political positions in Canada. Article: "Liberals and Conservatives wrestle over the legacy of pandemic spending", Aaron Wherry CBC, Dec 11, 2022 (https://www.cbc.ca/news/politics/auditor-general-pandemic-spending-analysis-wherry-1.6680410 Links to an external site.) Question: In the article, Wherry highlights the dramatic increase in Canadian government spending during the pandemic, with clear implications for Canadian debt which is at the highest levels in recent history. Different political parties have different opinions on whather the increase in debt was justified (at the time) given the circumstances. Considering the arguments given (and any other sources, if needed), do you think the level of Canadian Government spending during the pandemic was appropriate? Did the Canadian Government spend excessively or sensibly? Use economic arguments in your responses. Try to avoid "hindsight bias", and examine the issue from the perspective of the optimal policy in 2020, given the information available at that time. Try and keep your posts as short and succinct as possible. Search entries or author
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