Sharan Kaur: Why top economists are rejecting the ‘recession’ narrative - BNN Bloomberg
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Article Excerpt
Sharan Kaur served as the deputy chief of staff for former Liberal finance minister Bill Morneau and is currently a principal at Navigator.
Words matter in politics. Few carry the weight of ‘recession’, a term that doesn’t just describe an economic condition, but conjures one in the public imagination.
Mass layoffs. Shuttered businesses. Families in crisis. You don’t even need to prove a recession is happening to cause harm with the word. You just need to say it loudly enough, often enough, that people stop asking whether it’s true.
That seems to be Pierre Poilievre’s strategy right now. An…
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