Rick Froman wrote: > > > *From:* Christopher D. Green [mailto:[EMAIL PROTECTED] > > As in the US, the stock market/banking downturn has become the > surprise over-riding issue. > The likely outcome will be another minority Conservative government. > > */ /* > > The conventional wisdom of the US punditocracy is that the party in > power in the White House (not the party in power in Congress) suffers > from any economic downturn. Obviously, the Parliamentary system is > different but why would the Conservative party not be held accountable > for the economic downturn? >
They have been, to some extent (the election was called only because the Conservatives believed they had gained enough popular support to win a majority government, but their poll numbers have slipped a little since the campaign began). However, in the eyes of most (not only here, but around the world) the main culprit responsible for the economic downturn is the US with its extremely lax regulation of its financial sector (read: "freedom"). As even most opponents of the Conservatives here see it, there is only so much a Canadian government can be expected to do when the economic behemoth next door stumbles and falls (on us). :-) > Chris -- Christopher D. Green Department of Psychology York University Toronto, ON M3J 1P3 Canada 416-736-2100 ex. 66164 [EMAIL PROTECTED] http://www.yorku.ca/christo/ ========================== --- To make changes to your subscription contact: Bill Southerly ([EMAIL PROTECTED])
