Hudak’s ‘Million Jobs Plan’ Assumes 10% GDP Growth: Economist
DANIEL TENCER
The Huffington Post Canada
June 3 2014
If Ontario PC Leader Tim Hudak’s proposal to create a million new jobs weren’t already thoroughly discredited, this might just do the trick.
The economic analysis underpinning Hudak’s plan is so flawed it assumes Ontario’s economy will grow faster than China’s, according to an analysis by a prominent economist.
Hudak’s plan came in for severe criticism last week when economist Jim Stanford and others uncovered the plan had confused “person years” of employment with actual jobs, and overestimated by a factor of eight the number of jobs the plan would create.