Given that the NDP deficits target the lower classes, I believe its more likely these will have a stimulative effect - when the spending goes to the lower strata two things happen: costs go down (think of all the ER-related dental visits for instance, most expensive way to serve this populations dental needs) and economic activity goes up. Lower and middle classes spend all the stuff they get from tax reductions and from being able to spend less on daycare.^ This Globe editorial is more accurate on some of the points: Globe editorial: The Ontario NDP goes all in with its election platform
For example, the proposed personal income tax hike of 1% on earnings over $220k and 2% on earnings over $300k is described in the CBC article as "back to dollar one" hikes, which is obviously very different.
While I like some parts of the NDP platform, it is a bit too left for my liking and the proposed deficits are too high. I think this platform may end up being helpful to the Ontario Liberals as it may be too left for those in the middle and for those who could not stomach voting for Doug Ford.
Yep. That bus definitely needs more bling to be worthy of millennial repost. Chariot? lolClearly, the millennial twatter that posted this only bothered to read the top third of the Wiki on Engels and Marx. ...but that’s fair because most of the folks spouting social conservatism clearly haven’t made it past Leviticus in the Bible.