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Originally Posted by Frequitude
Come on rubecube, do you really think its absurd to suggest that increasing spending more than increasing revenue is a dumb move when we were already spending too much and collecting too little?
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When you have the infrastructure deficit that Alberta does? Not really. And if you're a Keynesian, now would be the time to run deficits.
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FTR, on the surface I am of the belief that the current state of the federal economy is not indicative of failed CPC policies. I think the CPC have a pretty good track record relative to the economic environment. We were on pace for a balanced budget and things were looking good until this recent recession. But I'm open to debate that. What failed policies resulted in this?
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We were on pace for a balance budget in name only. Dipping into contingency funds and EI to balance the budget isn't actually balancing it. And this ignores the eight previous deficits they've run, which isn't something I particularly care about, but it does seem that you do from what you wrote above.
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Correlation is not causation. To ignore the policies and only judge the results is a poor approach.
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But that's my point. We're seeing that things aren't going to get better soon and trying to attribute it to companies fleeing because of NDP policies. Someone needs to actually demonstrate that there's a causal link and so far I haven't seen anything convincing.
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I've given some NDP policies and justified why I think they're directionally bad. I'm open to debate if they're bad. Let's stack them up against some CPC policies and debate why they are bad. Then someone like myself can maybe understand "hmm good point, I am holding a double standard."
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Oh boy, where do I start? I don't have a problem with deficit spending, but when you're doing it to spend on bad social policies, misleading advertising, corporate tax cuts, and boutique tax credits that do nothing to stimulate the economy, it comes across as fairly wasteful.