Quote:
Originally Posted by Resolute 14
It's almost as if they didn't have to weather a massive global economic recession or anything...
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Chretien's Liberals were first elected to office towards the tail end of the
early 1990s recession. They were also in power during the
early 2000s recession, although Canada's economy emerged from that relatively unscathed (I'll leave it as an exercise to the reader to judge if the Liberal government deserves any credit for that).
To be fair, neither of the recessions the Liberals faced were nearly as bad as the global economic collapse of 2008. I don't fault The Harper Government at all for returning to deficit spending in light of the massive recession, but nobody could rightly call them model fiscal stewards either. Even ignoring the effects of the recession, they've made several very questionable decisions that have been soundly criticized by economists.