View Single Post
Old 10-17-2015, 07:51 AM   #3680
starseed
First Line Centre
 
Join Date: Feb 2009
Exp:
Default

Quote:
Originally Posted by Dion View Post
Is there any truths in what she wrote?
Do not believe what the media and politicians tell you. Go research the facts for yourself.

She is talking about Federal and Provincial debt combined. When electing a federal government, look at federal debt levels.



The Liberals cut the federal debt to GDP ratio in half. Judge them by their actions, not their words.

My personal biased opinion is that the Conservative movement naturally lurches toward allowing their socially conservative beliefs inhibit their ability to control debt. While the federal Liberals favour reason based policy decisions, and lean towards making the right calls when it comes to government financial decisions. But that is just my bias, and that doesn't matter. What matters is the cold facts shown by that chart.

In Canada, federal Conservative parties demand fiscal prudence, then cause debt to pile up. Federal Liberals demand increased social spending, then end up paying off Conservative debt. The current Liberal plan is to reduce the debt-to-GDP ratio from where it is now, to 27%. They have the most credibility when making such a commitment.
starseed is offline  
The Following 8 Users Say Thank You to starseed For This Useful Post: