Quote:
Originally Posted by polak
Luxemberg, Norway and Switzerland are tiny countries that could fit in Alberta. It's unrealistic for people to expect Canada to be able to provide the standard of living we have come to expect, to it's tiny population over such a massive area of land and such a harsh climate without accumulating debt.
Do you think infrastructure grows on trees?
|
So are Iceland and Belgium, and they both have higher debt loads than Canada, so quality of governance obviously matters. Also, Australia is pretty darn big and their debt is very low.
Most of the deficit spending in this budget isn't infrastructure, which was my point. Deficit spending on infrastructure is very different than deficit spending on ongoing programs and entitlements.