Brian Mulroney continued to run deficits after he assumed power but his deficits were smaller (when measured by % of GDP than Trudeau) and he also implemented the tools the Liberals under Chretien were able to utilize to "eliminate" the deficit: CAFTA & NAFTA which spurred economic growth, and the GST which supplemented federal revenues. Martin and Chretien didn't have to do much except rein in new program creation and let the country outgrow the deficit... thanks to the tools given to them by Mulroney..
So let me get it straight what you are saying here. The deficits incurred by Mulroney were minor, and nothing to worry about (what is 40 billion $ every year between friends, right?). And when Liberals got rid of the deficit and replaced it with healthy surplus, the credit goes to Mulroney. My, but your Mulroney must have been positively economic genius.
Then are you also saying that when Canadians gave Liberals three majorities in a row, they really were voting Mulroney into office? That they had forgotten all about how lousy he was as the PM and were so taken by him that they gave him three majorities?
When it comes to our present difficulty, the Liberals and NDP have threatened to bring down the gov't for not spending enough on stimulating the economy during a global depression, while simultaneously decrying the re-creation of the deficit. Tell me that the Liberals wouldn't have done the same or worse and I will call you a fool for ignoring both the facts of our present situation and history.
Oh, this gets even better. So the astronomical, the biggest ever deficit that Harper is running is actually the fault of Dion and Ignatieff. So Harper is a puppet and Ignatieff is the puppet master, he pulls Harper's strings as he wishes and Harper has no choice in the matter but to do the evil Ignatieff's bidding?
You have perfectly illustrated how a typical conservative mind works. Anything good happens, Conservatives get the credit, anything bad happens, Liberals get the blame. And it doesn't matter who is in power, it doesn't even matter who is the PM.
So that out of power Mulroney gets the credit for getting rid of the deficit, and in power Harper doesn't get the blame for the deficit. Your political partisanship is astounding, to put it mildly.
Back to the original topic, I'm with those who say Liberalism as embraced by the Liberal Party of Canada is not classical liberalism but on the road to Marxist socialism and collectivism. This evidenced by the centralization of Trudeau's programs and his interference in multiple sectors of the economy by creating Crown corporations.
Oh, now I get it. The current Liberal party is Marxist, Communist Party (shade of tea baggers who claim that Obama is a Communist). That explains why conservatives get the credit for everything, Liberals get the blame for everything. Communists cannot possibly do anything right, can they? So of course Liberals are to blame for the deficits, conservatives are to praise for the surplus.
So, do you have any explanation as to why Canadians voted four times for the Marxist, Communist Party? Or do you think the explanation is that they actually voted in Conservative (Reform, Alliance) majority, but Liberals rigged the election results? They are Communists, you know. Communists are capable of anything.
Thanks for an entertaining post, anyway.