Quote:
Originally Posted by Fuzz
Just posting this because people have very short memories. $30 Billion sounds big, but looking at history...we were basically there from 1977-1996, and yes, a few time since the Harper years too. Heck, even 2012 we were there. Not so long ago.
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Weird, in the 2016 budget itself it shows the deficit in 2011 as being around $25B:
Also the chart you posted I think is a bit simplistic because it doesn't take GDP into account. But your point stands regardless. I think the $30B deficit would take us to around -2%.
That doesn't come close to the deficits Trudeau's dad ran.