Quote:
Originally Posted by Enoch Root
For a while, Canada was running surpluses and actually reducing the debt burden. In the 90s, the US was also running surpluses. It is possible.
And if it were to continue for a period of time (yeah I know, lol right?), real debt reduction could occur.
But with Mr Trudeau in power, we can put those discussions away for a while. He, like his daddy, believes deficits are a good thing.
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Yeah they did that in the 90's because they had to. Its not even political at this point, it's the way things are. We aren't suddenly going to come up with $619billion and be in the black. If anyone actually proposed that they would get destroyed in an election.