CANADIAN Daily Digest November 25, 2017.

The DAILY DIGEST: INFORMATION and OPINION
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>>>>>>>>>>>>>>>NATIONAL NEWSWATCH<<<<<<<< http://www.nationalnewswatch.com/

PCs vow to cut taxes and hydro rates in platform

Several arrests in Quebec City near duelling right-wing and anti-fascist rallies
        �An important first step� in protecting journalists� sources
Who is Patrick Brown? The Ontario PC leader opens up about life, love and his new haircut as a June election looms
        Agreement in principle reached in class action against government alleging LGBTQ discrimination

With star candidates, Patrick Brown takes a small step toward being taken seriously
        Rachel Notley, Jim Carr to make case for Trans Mountain oil pipeline in B.C.
Canada should fight for open internet, says former head of FCC
        Bewitched and bewildered by the Liberals� National Housing Strategy
Is CETA Canada�s Last Hope if NAFTA fails? Not so fast says Don Newman
        Black Friday and bleak Sundays for the unlucky workers
Comparing marijuana to fentanyl is social conservatism without a clue: Robyn Urback
        Missing and murdered Indigenous women inquiry: We must listen and act

Prominent Brampton physician Brian Thicke � of the famous Thicke family � facing sex abuse allegation
        Conservative comparison of pot to fentanyl �irresponsible�: Health minister
Starting with �eastern bastards� remark, Notley wins over Calgary business crowd
        Who�s sorry now? A tale of 2 Trudeaus and their approach to historical wrongs
Liberals show �lack of respect� with invites to LGBTQ2 apology event, say NDP
        Bill to clear past convictions for consensual same-sex activity coming Tuesday
Guardian columnist calls Brexit the greatest policy crisis Britain has faced since 1945
        Forces have kicked out 29 service members this year for sex misconduct
What�s the latest on delivery of new navy ships? That�s hush hush, federal government says
        Gaps grow in background checks for Parliament Hill security staff

Cellphone companies may need to step up privacy protections, minister says
        Chaotic throng cuts PM Trudeau�s mall appearance short

>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< http://looniepolitics.com/
Canada needs a new model for resolving public-sector labour disputes - Ake Blomqvist, The Globe and Mail
        Why Justin Trudeau used the c-word��colonialism��in his apology - Jason Markusoff, Macleans
Trudeau�s latest homegrown jihadist excuse? Blame Harper! - Anthony Furey, Toronto Sun
        Bewitched and bewildered by the Liberals� National Housing Strategy - Andrew Coyne, National Post
How will LGBTQ Canadians take Trudeau�s apology? Eight views on Canada�s injustices - John Ibbitson, The Globe and Mail
        �Join the fight�: Notley calls for unity across party lines to get pipeline built - James Wood, Edmonton Sun
Parliament revisits the election debate debate � yes, again - Colby Cosh, National Post
        Tories would take over and expand Toronto�s subways, election plan reveals - Robert Benzie, Toronto Star
Trade ministers say progress made reducing barriers on cross-border liquor sales - Kevin Bissett, The Canadian Press, CTV News
        Horgan calls experts to offer cabinet insight on Site C - Vaughn Palmer, Vancouver Sun

Some flexibility on NAFTA�s regional rules of origin, Freeland says- Bruce Campion-Smith & Michael Lewis, Toronto Star
        WestJet launches new regional air service in Western Canada- CTV News
Why turbulence is ahead for Toronto and Vancouver�s housing markets- Brent Jang & Janet McFarland, The Globe and Mail
        Wanna know how stupid �net neutrality� is? Ask Loblaw. Yes Loblaw.- Terence Corcoran, Financial Post

TOUTES LES NOUVELLES PUBLIES DEPUIS 24 HEURES http://fr.canoe.ca/infos/aujourdhui/

Un ado suspect� d'avoir tu� sa grand-m�re arr�t� aux douanesPlus
        Plus de 30 migrants morts et 200 survivants au large de la Libye Plus
Une valeur de pr�s de 500 000$: importante saisie de drogue dans une prison albertainePlus
        Poutine promulgue la loi sur les m�dias �agents de l'�tranger�Plus
Cuba honore Fidel Castro, un an apr�s sa mortPlus
        Conflits d'int�r�ts: l'ex-ministre conservateur Vic Toews ne contestera pas une d�cisionPlus
Coupable d'avoir tu� trois femmes en OntarioPlus
        Piratage de Yahoo: le Canadien impliqu� pourrait plaider coupablePlus
Elle r�colte plus de 350 000$ US pour un sans-abri qui l'avait aid�ePlus

FOREIGN AFFAIRS & GENERAL INFO

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>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<< http://looniepolitics.com/
Al Gore�s Dark Past an Inconvenient Truth - John Phillips, Orange County Register
        The Case for Hillary Clinton in 2020 - Matthew Rozsa, Salon
How Dem Insiders Rank the 2020 Contenders - Amie Parnes, The Hill
        �Doug Jones�s problem�: African American voters not energized by Alabama�s Senate race - Sean Sullivan, Washington Post
After Weinstein, a Cultural Revolution - Rich Lowry, National Review
        Trump: I turned down Time�s �Person of the Year� - John Bowden, The Hill
Egypt attack: President Sisi pledges forceful response- BBC News
        Saudi Crown Prince calls Iran�s leader �new Hitler�- France 24
North Korea replaces guards, fortifies border after defection- AFP, The Times Of India
        Labor on course to retain power in Queensland- Amy Remeikis, The Guardian
At least 235 killed in mosque massacre in Egypt�s Sinai- Al Jazeera

>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<< http://www.dailystar.com

White S.Africa farmers in new protest over murders
        US changes course, allows PLO office to remain open
Looming deadlines, much unfinished business await Congress
        New separatist leader appointed in eastern Ukraine
Germany's Merkel eyes Social Democrats in bid to form government
        Turkey support key as US seeks to hold on in Syria
Turkey: U.S. to stop arming Syrian Kurdish fighters
        Nuclear strategists call for bold move: Scrap ICBM arsenal
Businesses look bullish about the road ahead in the new year
        Attacks on IDF soldier-turned-whistleblower get personal

Libya slave auctions: �Everybody knew�
        Over 40 million modern-day slaves globally
Scope of Beijing�s foreign interest extends, China�s global footprint grows
        Russian dancer challenges centuries of classical ballet tradition
Learning to ski: How do you know when your child is ready?

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From: Larry Kazdan
To: letters@globeandmail.ca Cc: bcurry@globeandmail.com
Subject: Re:  Federal deficit at $5.9-billion for first half of fiscal year, Bill Curry, Nov. 24, 2017

https://www.theglobeandmail.com/news/politics/federal-deficit-at-59-billion-for-first-half-of-fiscal-year/article37071900/

Some slack in the economy suits elites because more profits flow to capital at labour's expense. With a visible pool of unemployed, workers become fearful of losing their jobs and hesitant to demand higher wages.  Forcing large numbers into debt to maintain living standards also provides another useful source of business income and another yoke that keeps the worker firmly in place. 

The way to restrict the economy is through fiscal anchors such as balanced budgets or debt-to-GDP ratios that prevent the government from achieving full employment.  For countries that are monetarily sovereign, such restrictions have no economic justification but are merely ideological injunctions that seem to carry mathematical precision. 

As economist John Maynard Keynes once pointed out, certain economic theories appeal to the powerful because they "explain much social injustice and apparent cruelty as an inevitable incident in the scheme of progress, and the attempt to change such things as likely on the whole to do more harm than good....."

Footnotes:

1. You know who likes lackluster economic growth? The rich.  Jeff Spross

http://www.theweek.com/articles/580975/know-who-likes-lackluster-economic-growth-rich

"Elites obviously don't want to completely tank the economy. But it certainly works for them if it stays modestly stagnant, maximizing the growth of the pie while minimizing worker bargaining power."

2. The lame progressive obsession with meaningless aggregates

William Mitchell is Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), University of Newcastle, NSW, Australia http://bilbo.economicoutlook.net/blog/?p=37445   

"The progressive side of politics seems to have a lame obsession with meaningless aggregates � like the size of the fiscal deficit or public debt to GDP ratio.

        ***

The national debt or past deficits do not restrict the capacity of the British government to �act in the name of economic justice�.

The Government can always initiate progressive policies, irrespective of the national debt levels. Past deficits do not reduce that capacity."

. For Keynes quote, see:

What if the Public Understood How Money Works?

William K. Black is an Associate Professor of Economics and Law at the University of Missouri � Kansas City (UMKC)

http://neweconomicperspectives.org/2015/01/public-understood-money-works.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+neweconomicperspectives%2FyMfv+%28New+Economic+Perspectives%29

"Keynes� famous explanation of why Ricardo�s most specious claims proved so attractive to so many economists is instructive."

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