Saving the U.S. Economy the Canadian Way

My National Post column this weekend details for Canadian readers the amazing incentives to borrowing offered in the United States.

My National Post column this weekend details for Canadian readers the amazing incentives to borrowing offered in the United States.

Step two after a Canadian-style currency depreciation should be a shift to a Canadian-style approach to home finance. The first shift will encourage work; the second shift will encourage saving.

Unfortunately, the ideas President Obama seems eager to import from Canada are not these right lessons, but instead two wrong lessons: the need for higher taxes and more government control of the health care system.

It’s as your children’s teachers tell you: You can only teach those who want to learn.