Friday, February 27, 2009

Stephen Harper: "In the long run, we're all dead."

Stephen Harper, in response to a question about the long-term effects of inflation and deficits caused by his stimulus policies, just said something along the lines of the following:

"I was taught early in economics classes, the famous economist John Maynard Keynes said that, ‘At times like this, we remember that in the long run, we're all dead.'"

Yep. Stephen Harper. Said that.

He then went on to say that people need to stop worrying about the long term effects of these policies and work on getting the money flowing.

I could point out that Harper wrote his dissertation on disproving the theories of stated famous economist, or I could point out all the "sustainability" projects that we probably should stop paying for if "in the end, we're all dead" is the mentality we're going with. There are just so many things wrong with this picture.

I'm trying to find a link or something. I'll post it when I do.

UPDATE: Quote corrected. The Globe and Mail reports "Ottawa sets up $3-billion stimulus stash":

Prime Minister Stephen Harper agreed there are some long-term risks associated with the stimulus package — but he cited a famous economist to argue that the short-term danger is greater.

“Of course there's all kinds of risks of inefficient, expanded government policies that will continue into the future,” Mr. Harper told a news conference in British Columbia. “I'm not suggesting there aren't long-term risks.

“But I was taught early in economics classes, the famous economist John Maynard Keynes said that, ‘At times like this, we remember that in the long run, we're all dead.' So right now, we worry about the short term. We are worried about the short term, and we've got to get things right now.”

Cross-posted to The Shotgun.

4 comments:

wilson said...

A good dose of reality.
We do have to live in the here and now.

sor said...

That 3 billion by law would have had to be used to pay down the debt and would not have been available for use now if the special fund had not been created.

It is the quickest way to free up that money and not a sly way to set up a slush fund. Even Carck admitted that on PP yesterday.

sor said...

I meant Tom Clark

albertan said...

Life is difficult and then you die!