Quote:
Originally Posted by Doctorfever
Was specifically referring to the video posted earlier. He predicted exactly what would happen. Unfortunately, the guy who got elected believes budgets balance themselves.
|
Actually he kind of didn't.... he said Trudeau's deficits would be small until they weren't because Trudeau is terrible at economics. If you look at the numbers leading up to Covid, the deficit was sitting at pretty much the same between 1-2% of GDP but you also see a decrease in the Federal debt which seems like a good thing.
Harper also defended his spending during the economic crisis as the correct way to deal with it. So in his mind the Liberals did exactly what they should have. The huge deficit was created because of an economic crisis, not "because Trudeau can't budget".
And because it is a pet peeve of mine.. Trudeau's actual quote is:
"the commitment needs to be a commitment to grow the economy and the budget will balance itself"
Which is a pretty true phrase in that a government should worry more about ensuring a healthy economy than whether it has a deficit or not.