Tuesday, June 03, 2008

On market adjustments

Having already declared that they wouldn't be bothered to do anything about high fuel prices caused by "market forces", the Cons are now using the same excuse to deflect responsibility for yet another round of manufacturing job losses.

Now, it's not hard to see how the message might seem like a relatively easy way to escape a dangerous issue, particularly for a party which likely assumes that nobody will think to question the answer. But it's worth wondering whether the Cons may only encourage a stronger progressive counterbalance in the long run: if Canadians hear often enough that "market forces" are eroding their standard of living, won't there be all the more reason for them to conclude that they're best off challenging the all-too-common conventional wisdom that the market should trump all else?

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