The C.D. Howe Institute has urged the Canadian government to create 75,000 jobs by running a small deficit. But since we have more than 1.3 million unemployed, why not create a substantial deficit and put everyone to work, just the way we gave jobs to all during World War II? The belief that higher deficits damage the economy stems largely from a paper written by economists Ken Rogoff and Carmen Reinhart that has recently been discredited when a student discovered background computer calculation errors. The country with the largest debt ratio today is Japan, which controls its own currency just as does Canada. Japan has little inflation, low interest rates, and no problem issuing government bonds. Why would creating full employment through deficit spending be problematic for our economy? On the contrary, it would make us more productive and reduce long-term costs of unemployment, social problems, and welfare. As John Maynard Keynes put it many years ago: “The Conservative belief that there is some law of nature which prevents men from being employed, that it is ‘rash’ to employ men, and that it is financially ‘sound’ to maintain a tenth of the population in idleness for an indefinite period, is crazily improbable—the sort of thing which no man could believe who had not had his head fuddled with nonsense for years and years.” Larry Kazdan, Vancouver, B.C.