by Summary:
Ha! President or wtf of Canada: U.S. government borrowing is not sustainable and divisive social policies will ultimately exacerbate tensions that will disrupt American business profitability, Canadian Prime Minister Justin Trudeau said. Asked in an interview how his government will respond to competitiveness concerns spurred by U.S. tax cuts, Trudeau said Canada is focused on generating long-term economic growth and wouldn’t engage in a “race to the bottom.” “I certainly know that I remain focused on the long term,” Trudeau said Tuesday in an interview with Bloomberg’s Stephanie Flanders, before appearing to conflate the U.S. debt and deficit. “I mean what’s the U.S. debt approaching now, is it a trillion dollars? I mean, we’re talking about something that is not sustainable.”
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Ha! President or wtf of Canada: U.S. government borrowing is not sustainable and divisive social policies will ultimately exacerbate tensions that will disrupt American business profitability, Canadian Prime Minister Justin Trudeau said. Asked in an interview how his government will respond to competitiveness concerns spurred by U.S. tax cuts, Trudeau said Canada is focused on generating long-term economic growth and wouldn’t engage in a “race to the bottom.” “I certainly know that I remain focused on the long term,” Trudeau said Tuesday in an interview with Bloomberg’s Stephanie Flanders, before appearing to conflate the U.S. debt and deficit. “I mean what’s the U.S. debt approaching now, is it a trillion dollars? I mean, we’re talking about something that is not sustainable.”
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
Ha! President or wtf of Canada:
U.S. government borrowing is not sustainable and divisive social policies will ultimately exacerbate tensions that will disrupt American business profitability, Canadian Prime Minister Justin Trudeau said.
Asked in an interview how his government will respond to competitiveness concerns spurred by U.S. tax cuts, Trudeau said Canada is focused on generating long-term economic growth and wouldn’t engage in a “race to the bottom.” “I certainly know that I remain focused on the long term,” Trudeau said Tuesday in an interview with Bloomberg’s Stephanie Flanders, before appearing to conflate the U.S. debt and deficit.
“I mean what’s the U.S. debt approaching now, is it a trillion dollars? I mean, we’re talking about something that is not sustainable.”
Yeah this looks like great progress here.... I know, I know... "neoliberal conspiracy lies!!!!"..... And PS looks like he is with EVERYBODY (and I mean EV-ER-EE-BOD-EEE...) else on US deficit going to $1T this year...
Canada's Trudeau says "no Nafta is better than a bad deal," and warns U.S. borrowing is not sustainable https://t.co/6JSTn7YGKQ pic.twitter.com/MXpI1zBtAH
— Bloomberg Markets (@markets) May 30, 2018