And increased spending. In 2005-6, program spending was 12.8% of GDP, and in 2009-10 it is up to 16%. Meanwhile, government revenue went from 16.2% of GDP in 2005-6, to 14.3% of GDP in 2009-10.
Looks like deficit spending to me. Sooner or later the piper will have to be paid. Harper is only looking for short term brownie points in order to get a majority. Then duck when the shoe drops, because it will be aimed straight at our heads.And increased spending. In 2005-6, program spending was 12.8% of GDP, and in 2009-10 it is up to 16%. Meanwhile, government revenue went from 16.2% of GDP in 2005-6, to 14.3% of GDP in 2009-10.
Imagine if I tried to pay off my student loan by working less, and buying more beer.
Looks like deficit spending to me. Sooner or later the piper will have to be paid. Harper is only looking for short term brownie points in order to get a majority. Then duck when the shoe drops, because it will be aimed straight at our heads.
Huh?
Spend more, earn less, and still with debt to pay. You posted in between my post, and what I intended to be an addendum.
And he'd also brought back deficit spending. Tax cuts are not a panacea. That said, I don't know how the other party leaders would fare either. The Liberals had balanced the budget under Martin, but then again, the Liberals of today do not necessarily comprise the same members. As for the NDP, it would not shy away from raising taxes, which could be a good thing to pay off the deficit. The question though is whether they'd also cut spending too, or at least hold it to where it is now. The current government has in fact expanded the bureaucracy. Come on!
So whom to vote for? Looking at the poor party track records, as per usual I'll just have to consider my local candidate and ignore the party. The only potential source of sanity left in our political system.
Martin was good fiscally but also pretty sneaky- he off loaded stuff to the provinces (like healthcare) . I think the deficit should be paid off by the ones who caused it- those with their snouts in the trough. What other job do you qualify for a full lifetime pension after 6 years of service?
And increased spending. In 2005-6, program spending was 12.8% of GDP, and in 2009-10 it is up to 16%. Meanwhile, government revenue went from 16.2% of GDP in 2005-6, to 14.3% of GDP in 2009-10.
It is obvious that the bozos don't have a clue but they are also not interested in what you or I think, need, want. They are only beholding to their puppet masters. An X vote would make it clear that people are tired of being second fiddle to corporate interests. The X should stand for something - a symbol for a major reform. It should have a platform, a system in place to be implemented to bring about that reform: like a civil committee charged with collecting ideas from Canadian citizens, holding Town Hall meetings to discuss what people want, collating information, drawing up drafts, holding consultation with communities and making recommendations. Their finding should be binding on an interim government that is made up of those who managed to get elected crossing party lines.Methinks there's a fallacy there Cliff- the "Bozos" you are trying to send the message to, you probably wouldn't want rethinking or redesigning anything. I'm not sure how good or bad Harper is but I'd sure take a chance with him before Ignatieff. He has cut taxes and at least made a token effort on getting tough on crime.
Which makes perfect sense- Gov'ts. by nature increase spending during hard times in the private sector. But when you look at it, it is not all that bad - as it's turned out. Gov't bailed out G.M. (preferable to seeing them go belly up, then those jobs are lost forever) but within a year G.M. had the entire debt paid back. Eventually infrastructure has to be repaired, upgraded or replaced. That takes man power that may not be available when the private sector is going full tilt, but does provide jobs rather than E.I.
I see what you're saying, but a few points here:
3. Stimulus spending should never be about make-work jobs but rather about preparing the economy for the next boom(which always happens) by educating the unemployed in the skills they'll need in the new economy, and yes, as you'd mentioned earlier, possibly fix and expand and modernize infrastructure, but always focussed on preparing for the upcoming boom, and never just as a make-work project.
More Canadians would vote if politics in Canada was more interesting, but it gets pretty boring when the scenario is generally Candidate 1= Lie, steal, cheat, Candidate 2= Steal cheat lie, candidate 3= cheat, steal, lie and candidate 4= steal, lie, cheat. :smile:
Well we seemed to allow all this personal bashing of party leader charictor, that now its just a name calling time and no real output of any type of platform. Harpie did a good job on poor Dion; said little bout his own platform only said that green shift was a new tax burdon on Canadians then procceded to say Dion was weak and did not have the carizma to lead!
Did he ever have a "first hurrah"?
I heard Harper speak on the radio yesterday and he summed up three important plans- 1. No increase in taxes 2. Reducing spending and 3. Pay down the debt. Sounds good to me.
The Conservatives squandered the billions in surplus that those bad guy Liberals left them and increased our debt by a huge amount. Where is the money going to come from to pay down the debt when they say they are not going to raise taxes? Harper is full of sh-t
just like every Conservative leader before him.
The Conservatives squandered the billions in surplus that those bad guy Liberals left them and increased our debt by a huge amount. Where is the money going to come from to pay down the debt when they say they are not going to raise taxes? Harper is full of sh-t
just like every Conservative leader before him.
Canada's debt under Harper the liar.
Canada Sinking Under Harper's Debt - mike watkins dot ca
John Diefenbaker and Joe Clark being exceptions. :smile:
I don't know.........Didn't Diefenbaker cancel the Arrow and wipe out our aviation industry
for a few decades. The Arrow was a Supersonic twin engined intercepter. Dief replaced it with
the F-101 Voodoo which was a supersonic twin engined intercepter but not as fast.