Monday, February 11, 2008

Single industry towns

This is from the latest Economist (FEB 7 , 08)

Canada's parliament approved a plan to spend C$1 billion ($1 billion) to help single-industry towns where factories, and especially lumber plants, have shut down because of the slowing economy in the United States.

Remember this when we talk about protectionism and the role of the government. This is Canada, not Kenya.

You have no clue what I'm talking about but hopefully soon you'll understand my point.

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