Quote:
Originally Posted by Azure
No one cares about debt?
I mean you'd think its true, but then you realize things have really gone to #### when the Liberal Government is openly saying high interest rates and the debt load is creating issues with how the government can spend money, and fiscal restraint will be needed.
Nobody has said that in years.
So yeah, I think they do care.
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The last time debt was dealt with as an election issue Provinces were on the verge of default. When I say “don’t care”. I mean will not be a defining issue in the election. With inflation coming down and interest rates likely peaking we are at the worst point of the debt cycle. So without a significant recession to drive GDP down and debt to gdp up I’d argue it continues to be a non-issue electorally
Whether that’s intelligent is a separate discussion.