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Originally Posted by Slava
Doesn't anyone else here think that the CPC is going to be hurt by the update from Flaherty? From last years "we will not run a deficit because they are addictive" to ever increasing amounts and longer and longer terms.
I've got to think that Liberals hit this hard and hammer away at how prudent the CPC approach has been here.
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Yes and no. On the one hand, it definitely opens the door to the argument that the Tories don't really know what's going on and that the economy is in poor hands. But it's difficult for the Liberals to attack the Tories both for the actual size of the deficit and for the programs that the Tories are cutting.
I think the latest economic update is Flaherty actually hedging his bets. But that in itself is a tactic that could massively backfire, should the Liberals win even a minority; if he's hedging his bets and the Liberals come into power and actually outperform those bets, then it makes the Liberals look like the better stewards of the economy. If I were Flaherty, I would have waited until after an election to start moving the figures one way or the other.