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To: <letters@nationalpost.com>
Cc: <joe.hueglin@bellnet.ca>,
Subject: Simple way to reform electoral system
The Editor
National Post
Simple way to reform electoral system
Re �Liberals� electoral quagmire,� by Colby Cosh, Dec.28.
There is a simple way to reform the electoral system -- to hold a runoff election in constituencies where candidates have failed to win 50+ votes, after eliminating candidates who have failed to win 25 per cent of votes. This will allow candidates with 50+ votes to emerge. This will allow a party with double majorities � majority of seats and majority of votes � to form a majority government. This will not need any referendum. Only wide public consultation will do.
MAHMOOD ELAHI
===================================
From: Larry Kazdan
Subject: Comment Re: Release your economic 'animal spirits' in 2016: Don Pittis, Dec 29, 2015
- Keynes's 'spontaneous urge to action' could create a comeback for Canadian exports
- http://www.cbc.ca/news/business/canada-manufacturing-recovery-animal-spirits-1.3378218
- Comment:
- The problem with advocating an export-led recovery is that not all countries can be net exporters at the same time. Furthermore, while many countries patiently wait for others to buy their goods, their own domestic policies of austerity actually reduce the amount of imports and so render the efforts of others futile.
- Keynes did not recommend that a country depend on the whims of foreign purchasers, but that national governments take action when necessary. Though he counseled wise spending, he even suggested that better than nothing would be for government to bury money in bottles and let the private sector spring into action to dig up the buried treasure.
- Keynes did not believe that exhortation to investors' "animal spirits" was the solution. During times of depression, he recognized that government must inject the right amount of money directly into the economy.
- Footnotes:
- 1. Quote from John Maynard Keynes
- The General Theory of Employment, Interest and Money (London: Macmillan, 1936), p 129
- "If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is."
- "If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is."
- 2. Budget Deficits and Net Private Saving
- http://heteconomist.com/budget-deficits-and-net-private-saving/
- .... not all countries can export their way out of trouble. One county�s exports is another�s imports. At the global level, net exports cancel out to zero. Not every country can have a trade surplus.
- .... not all countries can export their way out of trouble. One county�s exports is another�s imports. At the global level, net exports cancel out to zero. Not every country can have a trade surplus.
- 3. Export-led growth strategies will fail
- http://bilbo.economicoutlook.net/blog/?p=11559
- So countries that think they can undermine the wages and conditions of their most valuable asset � their workforces � and ship low cost-low productivity items to other countries and, in doing so, deprive their own citizens of the use of those resources and products � and still prosper � should think again.
- They are unlikely to prosper and resolve their chronic unemployment problems.
- So countries that think they can undermine the wages and conditions of their most valuable asset � their workforces � and ship low cost-low productivity items to other countries and, in doing so, deprive their own citizens of the use of those resources and products � and still prosper � should think again.
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