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Originally Posted by IliketoPuck
And your point is what exactly?
Looking at those graphs it is pretty clear that the government stepped in to help stimulate the economy during the worst economic downturn since the Great Depression, and handled said stimulus in textbook fashion. President Roosevelt addressed the Great Depression with staggering governmental stimulus; as did Obama during the Great Recession.
It's like people forget just how bad 2007-2009 was in comparison to other downturns in history.
The fact the conservatives have managed to trim deficits each year since then, and arrive at a surplus this year is commendable.
Saying: "the CPC only raised revenue because it is an election year" is hilarious partisanship.
The Liberals and NDP wouldn't do the exact same thing if they were in power? That would be if the country was even in a position to have a surplus with either of those parties calling the shots, given their ridiculous spending plans.
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If the deficits of 2009/10 were indeed the result of stimulus spending to navigate the recession, why did it take 5 years to recover? Had the government had a sound fiscal plan, should the recover not have occurred much quicker? I suspect it had more to do with massive cuts to revenue, and the government has been struggling to find whatever services to Canadians they can cut to eek out a balanced budget. The fact is, we still have a revenue gap and it is going to be tough to recover from that.