The Big Squeeze

Once you get past the hundreds of pages of budget documents, their carefully targeted baubles, the reactions, media commentary, the tweets and retweets, the promotional advertising and smoke and mirrors—if you’re still paying attention—there’s something basic underlying both federal and Ontario budgets neither admit to: the big squeeze on public spending is still on.

Austerity may be out of political fashion, but it’s clearly still in practice. They’ve just been doing it in slow-motion, hoping the public doesn’t notice.

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