Economist Tony Myatt to Run for New Democrats

Economist quoted by Alward Conservatives chooses NDP, says Alward not fiscally responsible

FREDERICTON – University of New Brunswick economist Tony Myatt is running for the New Democrats in Fredericton-Silverwood in the upcoming provincial election, New Democrat Leader Roger Duguay announced today.

Myatt is a leading voice sounding the alarm bells about New Brunswick's debt and deficit crisis caused by the Shawn Graham Liberals' mismanagement.

David Alward’s Conservatives have quoted Myatt in attacks on the Graham Liberals, but Myatt chose to run for the New Democrats because the Conservatives are not a fiscally responsible alternative.

“The Alward Conservatives are not putting forward an honest plan for New Brunswick to live within its means,” Mr. Myatt said. “Although they have cited my writing in their attempts to position themselves as fiscally responsible, the Conservatives continue to make unaffordable election promises, just like the Liberals, and to support the Liberals' unsustainable tax cuts.”

“New Brunswick cannot pay for the election promises the Liberals and Conservatives are making during the pre-election period, and we cannot pay for the tax cuts planned by the Liberals and supported by the Conservatives,” Mr. Myatt said. “Continuing on this course will drive New Brunswick off the debt cliff and lead to huge cuts to health care and education, cuts that will be devastating to middle class families.”

“Only the New Democrats are putting forward a detailed plan so that New Brunswick can live within its means, tackle the deficit, and save front-line services for middle class families. That is why I am proud to stand for the New Democrats in this election. To stand up for middle class families and for fiscal responsibility,” Mr. Myatt concluded.   

Tony Myatt came to Canada from England to pursue post-graduate studies. He received a PhD in economics from McMaster University in 1981, with a distinction in theory. He has taught at McMaster, the University of Western Ontario, the University of Toronto, and the University of New Brunswick, where he has been Professor of Economics since 1992.  He has published many articles and co-authored several books.  His expertise includes stabilization policy, public finance, and unemployment rate disparities. Recipient of the Arts Faculty Award for excellence in teaching in 2008, his most recent book (co-authored with Rod Hill from UNBSJ) is “The Economics Anti-Textbook”.

“I am delighted that the NDPs new management, modeled on the NDP in Saskatchewan and Manitoba, has been recognized by an economist as renowned as Tony Myatt,” Mr. Duguay said. “Tony is a fantastic addition to our team.”

For more information, please call Dominic Cardy, New Brunswick NDP Campaign Director, at 506-238-5550.