Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Panicking would devastate economy, Flaherty says

flamesfever · 12-14-2008, 10:48 AM

"We are not going back to the '70s, to when Canada ran permanent program deficits," he said."

The big difference between now and the 70's is we had rampant inflation going on. With no hint of inflation problems today, I believe incurring a huge deficit may have a serious long term negative affect on the economy.

I think the Conservatives have a near impossible task on their hands. Everyone is going to be looking for a piece of the stimulus package, and that will be impossible to achieve.

Hopefully the voting public are wise enough to understand that the Conservatives are in the best position to do what's best for the Country at this point in time.

12-14-2008, 10:48 AM	#4
flamesfever First Line Centre Join Date: Aug 2004 Exp:	"We are not going back to the '70s, to when Canada ran permanent program deficits," he said." The big difference between now and the 70's is we had rampant inflation going on. With no hint of inflation problems today, I believe incurring a huge deficit may have a serious long term negative affect on the economy. I think the Conservatives have a near impossible task on their hands. Everyone is going to be looking for a piece of the stimulus package, and that will be impossible to achieve. Hopefully the voting public are wise enough to understand that the Conservatives are in the best position to do what's best for the Country at this point in time.