Watching Michael Ignatieff waffle on his commitment last week to deliver an “up or down” decision on the Conservative Government’s economic report card, I’m puzzled by his remark that:
“Increasing spending on the Employment Insurance program will be the best way to stimulate the economy.”
Now, I can see how more spending on EI will help soften the blow for those out of work, but I really can’t see how this measure would stimulate the economy. From where I sit, this measure will cost billions of dollars which would further burden Canadian taxpayers and business of all sizes. How would this measure help encourage employment? It would in fact make unemployment a more attractive option than it is currently.
A strange economic theory, to say the least.
