The McKenna Plan

I love it when the media talks about a new “Marshall Plan” or “Bretton Woods” plan to address the current global financial crisis. Not to be outmanoeuvered, some are calling for Green Marshall Plan.

It’s funny but I actually like these efforts and this thinking but I would put it in the context of New Brunswick. Imagine if we did a Fed/Prov Bretton Woods type conference on the future of New Brunswick but we invited the Feds as a full partner, a few large industrial tycoons and even reps from other other provinces.

Develop a 30 year Marshall Plan – heck, let’s call it the McKenna Plan – that involves serious investment (not just tweaks), serious regulatory/legislative changes (not just tweaks), serious ramping up of ED efforts (not just tweaks) and serious targets and milestones.

Then, in 30 years, when NB is a thriving, have province that is one of the leading regions in North America for economic growth and has a number of leading 21st Century clusters in place, we can refer to the “McKenna Plan” when discussing other provinces or states that want to rise up.

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0 Responses to The McKenna Plan

  1. Anonymous says:

    First would you create a “what mckenna accomplished list” so we have an Idea what could be accomplished with his great intelligence and vision?

    And could you please get him to hurry,you see—

    OTTAWA, Oct 30 (Reuters) – Canada will have to limit the growth of the equalization program, which transfers money to less prosperous provinces to ensure service levels are similar to those in rich provinces, Finance Minister Jim Flaherty said on Thursday.

  2. Anonymous says:

    You also failed to mention the Tobin plan.
    I believe Rodney Schmidt did a couple of studies on it.
    One to give the liberals the answer they paid for,and one of his real findings.

    Lets just say,it appears,in Canada, lies and deceit rule.
    You know where that will get us in the world.You can see it on the corruption index chart from 1993 on.

  3. Anonymous says:

    In fact when you skim the views of people like john hicks, James Tobin, Paul Samuelson, Alan Blinder, Robert solow, William Nordhaus, Charles Schultze, Walter heller, and Arthur okun,their views seem to be ignored and Banks and uncontrolled market scams rule,to the detriment of the country and world.

  4. Rob says:

    Didn’t Francis McGuire create such a plan two years ago?

  5. Anonymous says:

    Yes, Rob. I see the irony but the truth is that he was indeed up to something and had to backpedal as fast as he could when the politicians felt the heat coming from the rural areas. That’s why I don’t have much hope in New Brunswick. Things will only have a slight chance to start happening in the province when the electoral system is reformed to give more power to the cities (and, once again, by cities I mean Fredericton, Moncton and Saint John. Period)

  6. Anonymous says:

    The provincial government is providing almost $20 million in loans to J.D. Irving Ltd. to help the company make two of its sawmills more energy efficient.

    This is what is called self sufficiency,or the old mckenna plan?
    I know it has got to be one or the other.
    No,wait. It could be the Graham ,retirement plan!
    which likely taken from the mckenna plan.