Friday, May 18, 2012

'Dutch Disease' Confirmed By Harper-Funded Study

Despite the ongoing Harper-led campaign of vilification against Thomas Mulcair for his comments about the Alberta tarsands and Dutch disease, a Harper-funded study confirms the truth of his assertion.

As reported in The Globe, Industry Canada paid $25,000 to three academics to produce the lengthy study, which is about to be published in a prestigious journal, Resource and Energy Economics. The study concludes that between 33 and 39 per cent of the manufacturing employment loss that was due to exchange rate developments between 2002 and 2007 is related to the Dutch Disease phenomenon.

Despite that inconvenient finding, don't expect the character attacks on Mulcair to abate. If past practices are any indication, they will probably be taken to new levels as the party of national division, the Conservatives, seek to drown out rational debate with hysterical name-calling and finger-pointing, the chief weapons in their childish arsenal.

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