Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca

. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Monday, September 26, 2005

Will Subsidized Universal Daycare Solve Canada's Economic Problems?

Brian Ferguson, who writes A Canadian Econoview, is back, and his first posting upon his return is brilliant, witty, biting sarcasm about Paul Martin's recent pronouncement, (quoting from the New Brunswick Telegraph),
Canada's competitive edge in the looming economic showdown with China and India must be honed soon after its toddlers leave the crib, Prime Minister Paul Mr. Martin said Tuesday.

The prime minister said his proposed national child-care plan will help Canadian tots get a head start in a global economy where only the smartest countries will thrive.
Brian Ferguson's reaction?
Well, that makes sense. Everyone knows that the reason the Indian economy is finally taking off is because they decided to put all their kids into daycare. State regulated, unionized daycare, of course. Certainly it had nothing to do with India's undoing decades of socialist regulation and letting entrepreneurs make profits in open markets.
He is relentless in is attack. Read the whole thing for sarcastic comments on how subsidized universal daycare will solve all of Canada's economic and educational problems.
Who Links Here