Quote:
Originally Posted by Party Elephant
National debt has increased by $150 billion under Harper so I'm not sure what you're getting at here.
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Quote:
Originally Posted by PsYcNeT
Well that was all necessary spending though, everything the Liberals would like to spend money on is a complete waste.
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How would you have planned spending to recover from the world economic collapse of 2008 instead?
Under Harper, annual surplus/deficit:
2006 13.8B surplus
2007 9.6B surplus
2008 5.8B deficit
2009 55.6B deficit
2010 33.3B deficit
2011 26.2B deficit
2012 25.9B deficit
2013 18.9B deficit
2014 1.9B surplus
One can suggest the annual deficit should have been dropped faster/earlier, but let's not forget the infamous proroguing of parliament resulted from the opposition not supporting the budget because of spending cuts in the budget and kind of 'ruined' the 2011 budget. Since 2012, and again - some will say these fiscal deficits should have been cut sooner, they have followed their 2011 election platform of budget projections to eliminate the debt.
Im not sure that now is the time to dive back in debt.