Quote:
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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Ok, lets keep it real here
1. The CPC did not want to have a stimulus, they were forced to do one. If they had a majority in 2008, they would have done the usual neo con approach of cutting taxes and nothing else (maybe even cutting spending). And we'd be in economic hell right now. So you can thank the NDP and Liberals for the stimulus, not the CPC. Doing otherwise is laughable.
2. Stimulus is good in a downturn. Right now we're in another downturn, yet the CPC says no shot to any deficits going forward. Clearly, they want nothing to do with stimulus money unless they can push out a bunch of wasteful ads taking credit.
3. The strength and pillars of the economy that prevented a total crash here were put in place by the Liberals (they of balanced budgets and surpluses for a decade plus).
So you've now seen the two biggest reasons the economy didn't crash had more to do with the Liberals than the CPC. Yet somehow the CPC are truly the only choice to run the economy. I mean I guess..if we give them a minority where the Liberals and NDP can force them to do the right thing economically. A straight majority? Proven failure.