The Minister of Finance, Paul Martin, announced that Canada had a record a surplus of $2.9 billion, their promises of tax relief have been executed and the unemployment rates has fallen to 7.5 per cent, its lowest level in more than nine years (Finance Canada). The costs of this good news are the budget cut of the federal government on social welfare programs in recently years. Hospital rejected to accept new patients. Toronto High Schools was shut …showed first 75 words of 2209 total…

…showed last 75 words of 2209 total…been existed in our society for nearly 50 years if our society approach the format of capitalism. Although adopting monetary policy hurts the benefit of the workers, it is clear that we cannot go back to the period of KWS. Howlett noted, “Keynesianism also includes the concept of market failures and economic efficiency” (Howlett 540). If we can find a balance between Keynesianism and Neo-Liberalism, we can still have the benefits of our welfare and economic efficiency.