Quote:
Originally Posted by Jacks
I realize you have already answered to this. The price of oil was fluctuating before, during and after the election, besides the fact that they should be taking that into account it still doesn't even come close to accounting for the extra 20 billion this year alone. There is no rational way to try and explain how much extra debt we are taking on by blaming the price of oil. Same as the provincial NDP they have a problem with out of control spending, difference is that the feds don't have nearly the same revenue problem.
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Yeah I don't disagree that the increase isn't proportional. At the same time, I don't think any of the three parties could reasonably project their budget during the election with the volatility that was happening. I think no matter who got into power, you would see some pretty big changes between what they campaigned on, and what ended up actually going through.
Regardless, my point was never that the high deficit is all good, but that them changing their budget from what they campaigned on doesn't really bother me that much. I'd rather see them change it for something more realistic (in accordance with what their plans were), vs hold steady on campaign promises that ended up being unrealistic just to save face with voters. And I'd think that way regardless of who got it. I think one of the reasons that the Cons were defeated was their inability to have any liquidity in their policies in face of changing social landscapes (War on drugs being a big one IMO).
I dunno, we'll see what's happened in 4 years.