Mulroney devastated by Newman's book.

[MMMike]

TenPenny

I do, however, respect Chretien for one thing: staying out of Iraq. To my mind, that is the only way he stands above Mulroney.

There is one other way. Lyin Brian left us over $400 billion in debt. Kim Cambell Brought down a budget with a $43 billion dollar deficit which she handed to Chretien. Chretien did pay off some of the debt.

The deficit was slain in large part by the GST revenue... you know, the GST that Mulroney introduced. The GST that Cretin vowed he would scrap....

 

[PoisonPete2]

TenPenny

The deficit was slain in large part by the GST revenue... you know, the GST that Mulroney introduced. The GST that Cretin vowed he would scrap....

Answer - uh uh. GST went into general revenue. The reduction in debt was due to the raid by the scurrious liberals on the Unemployment Insurance Plan. At the same time they were disenfranchizing those displaced and abandoned workers who had payed into it these theives were hauling 10-15 billion a year out of it. Then they raided the Federal employees pension fund to the tune of 30 billion.
The GST is a very regressive tax that deserves the junk yard. Mulroney brought that in as he reduced corporate taxes and started allowing trust money to leave Canada without taxes. That Ahole only enriched himself and his rich cronies.

 

[bevvyd]

Did you know that the feds are the only ones allowed to dip into pension funds? I wonder why? I know they use it for budget deficets but that's not right.

 

[#juan]

The GST was a revamping of the old federal tax that most Canadians never saw. Mulroney brought it out in the open, called it GST, and applied it to many more things. It always went into general revenue.
The reason Chretien didn't scrap the GST is that it was a large part of revenue, and the country was broke.

I am not fighting for the Liberals but Mulroney's debt was getting unmanageable. Close to forty cents of every tax dollar went to service the debt. The federal government was broke so money had to come from somewhere. One thing the Libertals have done is to increase our GDP. All those "Team Canada" trade junkets around the world helped with that. It's pretty hard to get down on Chretien's government for taking money out of health care. Fiscally, the Liberals did pretty well. I don't agree with the gun control, or the sponsership fiasco but both those things were small compared with the total budget. Canada's debt to GDP is now the best among the G-7 countries.

On the other hand, both Mulroney and Chretien neglected our military. Our military is a disgrace and a joke. Martin has brought it back a little but they've got a long way to go.

 

[damngrumpy]

Trudeau was fifty years ahead of most of the thinkers of the time, perhaps even the thinkers of today. Lyin' Brian deserves what he got from what I have heard. This guy single handedly whiped the Tories out for at least the next two decades, and Harper and Stockwell will push their revival back even further.
What really scares me though is when I look around and see who else is at the helm of Canadian Politics, there isn't a serious leader among them. Maybe thats good if they are fighting each other they can't really concentrate of shafting us anymore than normal.