Quote:
Originally Posted by Nancy
Extending Trump Tax Cuts will Add 4.6 Trillion to the deficit
I will gladly cast my vote for the party that has the most credible plan to balance the budget. But, this seems to no longer be the priority for far-right conservatives. The focus is on exclusively on tax cuts. I guess the theory is that program spending will eventually sort itself out, once the debt servicing costs become crippling?
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Carney was on Rosie Barton's show this morning and mentioned that his plan is for deficit spending to continue in order to grow the economy. The premise behind Trudeau's comment years ago about the budget balancing itself was the same as Carney's where deficit spending focused on investing in the economy was supposed to have the net benefit of balancing the budget via economic activity and taxation. That worked out so well in practice.