Quote: Originally Posted by AnnaE
Don't just blab. Prove it, bigmouth. And don't the same things you claim, also apply to the USA's per person debt?
POOR BURNED OUT EMBER!
Math is NOT her strong suit! Lyin Brian Mulroney was forced to sign up for NAFTA because our federal debt had reached over one trillion dollars!
That MASSIVE FEDERAL DEBT plus the still relatively MINOR provincial and municipal debt added up to a face off with the debt wall
and added up to about $120 grand per citizen - INCLUDING CHILDREN!
Subsequently our municipalities ran wild on debt to provide gravy for HOGS and higher levels of govt got SO WORRIED
they BANNED CITIES from running deficits!
Later - Ontari-owe elected Bob Rae who DOUBLED the Ontari-owe debt in 4 years!
This brought in Mike Harris who stabilized Ontari-owe finances but the election of LIE-beral PM Chretien messed that up!
CHretien had his own brush with the debt wall and he solved his problem by dumping on the provinces!
Then Harper came along - and had the luck to pick up a HUGE PILE OF OIL REVENUE which enabled federal Conservatives to make MAJOR PAYMENTS against the federal debt! In addition Harper FROZE the HOG wages and DERAILED the HOG gravy train
thus enabling govt funding and debt loads to be further stabilized - too bad that Ontari-owe elected provincial LIE-berals and THEY DOUBLED the provincial debt! Things got so OUT OF CONTROL that it scared even LIE-beral premier Dalton McGinty and he tried to freeze HOG WAGES - in the Harper style!
The HOG response was SO UGLY that McGinty PANICKED and resigned from office! - thus opening the door for Wynne-bag who was a KEY PLAYER in DOUBLING the Ontari-owe debt!
So Harper had to federal debt DOWN from about a trillion dollars - down to about $500 million until the 2008 mortgage meltdown hit
and LIE-berals raged that Harper did not spend enough to bail us out - yet after Our idiot Boy won that 2015 election - LIE-berals
RAGED AT HARPER for his $1.5 billion dollar deficit!
Then LIE-berals went out and created a $32 billion dollar deficit! PLus a bunch of #20 plus billion dollar deficits!
Add in the insane debts run up by the municipalities BEFORE they were forced to run balanced budgets!
ADD in the over $300 billion in new Ontari-owe debt created by NDPees and LIE-berals
Add in the huge new deficits created by NDPees in Alberta and BC
Add in the massive new debts run up by LIE-berals in New Brunswick
and our govt debt is NOW WELL PAST THE MARK it hit when Mulroney signed us up for NAFTA!
THEN YOU NEED TO GET HONEST about the scale of HOG DEBT! LIE-berals have issued a HUGE PILE of IOU`s to the HOGS and we CANNOT PAY! WE do not have the gravy!
Our LIE-beral friendly news media STOPPED TALKING about HOG PENSION DEBTS in 2012! At that time FEDERAL LIE-beral
promises to HOGS totaled OVER $300 Billion dollars!
With MORE BILLIONS OWED to the other THREE levels of govt! Pension issues had grown to such a POISONED STATE that 97 percent of ALL defined benefit plans were running IN THE RED and heading for BANKRUPTCY!
As an example -the out going chairman of the OSSTF Ontari-owe high school came on TVO/The Agenda and told us that Ontari-owe
WOULD HAVE TO PAY ITS HIGH SCHOOL TEACHERS AN ADDITIONAL $55 Billion dollars in pension top ups to keep the high school teachers fund SOLVENT!
And there are EIGHTEEN OTHER Ontari-owe provincial unions right behind OSSTF and ALL DEMANDING BILLIONS that we dont have - especially NOT NOW after breaking the bank on this Wuhan Virus!
God only knows how many BILLIONS of dollars MORE that LIE-berals plan to funnel into municipal HOG POCKETS and into the pockets of HOGS at crown corporations such as Ornge and E-health and Metrolinx and to our colleges and universities!
Not only have WE SQUANDERED ALL the payments made during the Harris and Harper years - we are NO DUG IN WAY DEEPER than ever - and that is WITHOUT COUNTING for Wuhan costs!
Things are SO BAD that Wynne-bag LIE-berals altered the law to allow a defined benefit pension fund to be considered fiscally solvent if it CAN MEET 85 PERCENT OF ITS DEBTS!
With all the new debt LIE-berals dumped on us we already owed over $140 grand per person and now with the federal LIE-berals adding !00 billion in new debt between 2015 and 2019 - and THEN WE ADD IN ANOTHER COUPLE OF HUNDRED BILLION for the Wuhan DISASTER and we are WAY PAST THE DREADED DEBT WALL!
IN 2018 - Ontari-owe GOT WARNED by bond rating services that another year of LIE-beral $16 billion dollars in debt would result in HARSH PENALTIES for the province! And now here we are trying to save the provincial economy with a TWENTY BILLION DOLLAR PROVINCIAL GOVT DEFICIT! And that DOES NOT INCLUDE for debts run up in other provinces!
Poor burned out Ember - the debt numbers she presents HAVE NO MORE BASIS IN REALITY than those other claims by LIE-berals
that ALLEGE LIE-berals are good money managers! LIE-berals have SET RECORDS for deficit financing while our economy was
LIE-beral policies are DYING FASTER than Wuhan sufferers in ITALY!
and BOTH Toronto mayor Rob Rod and Ontari-owe premier Doug Ford are ON THE SAME TRACK- GROW THE ECONOMY