Commentary
There are many tools that political leaders can use to ensure good governance. One of them is a firm commitment to fiscal management. A government should act prudently in terms of the way it spends the taxpayers’ money, introduces social programs and financial measures, manages economic crises, balances budgets, controls debt and deficit spending, and so forth.
That’s how it’s supposed to work in theory. In practice, some governments have tinkered with the principles of fiscal management when it suited them—and others simply ignored this commitment altogether.
Liberal Prime Minister Justin Trudeau has been a textbook example of the latter. Since first elected in 2015, he’s consistently rejected fiscal management at every turn. Instead, his government has been one of the foremost purveyors of fiscal mismanagement in the Western world….
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