Dodge: More government = increased productivity

The governor of the Bank of Canada says the way to increased productivity for our country is through government daycare:

David Dodge, governor of the Bank of Canada, said Wednesday Canada needs to build an "infrastructure for early childhood development," appearing to give his approval to the Liberal Party's national day-care plan.

Dodge's comments were part of a speech Wednesday in which he once again drilled home the need for Canada to improve lagging productivity growth even though it may mean job losses in certain sectors.

"The first step to improving skills is to build an excellent infrastructure for early childhood development, feeding into a school system that effectively teaches basic skills," Dodge said in a speech at Humber College Institute of Technology & Advanced Learning in Toronto.

Governments love metrics, and 'productivity' is a big one right now. Canada's lagging the US, so naturally they want to reverse this. But Dodge and the Liberals are completely out to lunch on how to do it. If they think the way to produce more per capita is by creating a new generation of super-kids from a high-tech network of government funded kids' kennels and upgraded schools, they're crazy.

It's very simple why Canada and Europe are lagging the US in productivity growth. It's because we keep increasing the benefits for not working while reducing the benefits for working (through increased taxes). Not too complex, eh David?

Posted by Bruce Gottfred at April 2, 2005 02:33 PM