Liberals committed to never-ending deficits, debt

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
148
63
A Mouse Once Bit My Sister
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
Debt to GDP.

Canada..86%

US....106%

Sweden....bunch of socialists.



I see.

Cons get a pass on economic recession but libs don't.

Btw....Reagan/Bush tripled the US debt in good times.

Lowering taxes gives less revenue then when Democrats/Liberals are in power bringing up taxes
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36

Conservatives/Republicans get a pass because they lower taxes.
Liberals/Democrats pay down the debt because they raise the tax every time in office

Its a thing intelligent people call perspectives
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
4
36
the idea of never repaying the debt is pretty much a thing now. Especially the Americans. It took the most powerful Liberal government in history to take the measures necessary to reduce the debt and it resulted in their destruction. The enemies they made paying down that $90 billion finally reared up and smote them.

Along comes a little lacky like Harper and boom - the debt spiral is back in spades. IN 5 years he had reborrowed the $90 billion the Liberals had managed to dispatch and then added a brand new $60 billion on top of that.

And now the righties are worried about Trudeau running a deficit?

Where were you when Harper was ruining us?
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
the idea of never repaying the debt is pretty much a thing now. Especially the Americans. It took the most powerful Liberal government in history to take the measures necessary to reduce the debt and it resulted in their destruction. The enemies they made paying down that $90 billion finally reared up and smote them.

Along comes a little lacky like Harper and boom - the debt spiral is back in spades. IN 5 years he had reborrowed the $90 billion the Liberals had managed to dispatch and then added a brand new $60 billion on top of that.

And now the righties are worried about Trudeau running a deficit?

Where were you when Harper was ruining us?

We were not paying as much taxes. And now we see the writing all over the walls. Liberals are desperate to find new revenue.

If where going to run a deficit regardless we choose one where im paying less tax. That’s fairly simple
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
The Chretien years where pay federal loans by shortchanging the provincial & municipal government who effectively handed over the costs to you & me by introducing fee’s on everyone, everywhere & everything.

"If where going to run"

What?

Still got nothing? I see. You can’t bluff me avro. Spelling mistakes is a sure show of the «* im bluffing. Ive got nothing.
 

Murphy

Executive Branch Member
Apr 12, 2013
8,181
0
36
Ontario
The Chretien years where pay federal loans by shortchanging the provincial & municipal government who effectively handed over the costs to you & me by introducing fee’s on everyone, everywhere & everything...

He also pulled 34 billion out of the military/RCMP pension fund.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
He also pulled 34 billion out of the military/RCMP pension fund.

Chretien loathed the military. He probably also hated the Mounties for hunting his many brothers, hiding in the woods near Shenanigan, during conscription at the end of WWII.
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
We were not paying as much taxes. And now we see the writing all over the walls. Liberals are desperate to find new revenue.

If where going to run a deficit regardless we choose one where im paying less tax. That’s fairly simple

If you had a higher intelligence you would be able to understand but unfortunately
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
4
36
He also pulled 34 billion out of the military/RCMP pension fund.

NO prob.

Harper said he would put it back first thing. ( oh wait - it was actually opt out of the gold plated pension first)

We were not paying as much taxes. And now we see the writing all over the walls. Liberals are desperate to find new revenue.

If where going to run a deficit regardless we choose one where im paying less tax. That’s fairly simple


I would call it ridiculous.

You would rather owe $150 billion than pay off $90 billion

This is why we almost never let conservatives have the keys to the car.
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
NO prob.

Harper said he would put it back first thing. ( oh wait - it was actually opt out of the gold plated pension first)




I would call it ridiculous.

You would rather owe $150 billion than pay off $90 billion

This is why we almost never let conservatives have the keys to the car.

Trudeau is going to be owe 150 billion and pay more taxes though. Not sure how The current liberals are going to pay 90 billion

The assumption Trudeau will pay 90 billion is ridicule
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
4
36
Trudeau is going to be owe 150 billion and pay more taxes though. Not sure how The current liberals are going to pay 90 billion

They aren't.

No Canadian government will ever pay down the debt again. It is far too politically costly and none of them will ever have that kind of capital. The Liberal government of the 1990s was a once in a lifetime opportunity.