Ahead of Justin Trudeau’s first budget, Bloomberg News asked a good question: Would anyone outside of Canada be inspired by the young leader’s assault on austerity?
Of course, it is too soon to know. But it rarely is too soon to speculate. And Bloomberg’s reporters concluded that Trudeau’s example likely would do little to change the minds of leaders in countries such as Germany and Australia. Economic orthodoxy is sticky. Just ask Trudeau. He won the election, but he hasn’t yet conquered the Canadian commentariat, which likes its budgets balanced.
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