Quote:
Originally Posted by rubecube
I'm not a weird deficit-pervert, so I don't really care who racks up a deficit as long as our debt-servicing costs remain reasonable. I'd rather have robust social services than a pretty number on a balance sheet.
Should we go back through all of the cuts Harper made to get to that number? That was the whole point of my post.
Cons make cuts, which forces the Liberals/NDP to increase spending to reverse the damages caused by Cons. Then the Cons turn around and yell that they're spending too much.
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You realize adding more debt makes the debt servicing more expensive? And then as individuals we pay more in taxes to cover that debt?
But don't worry, the Liberals are also really efficient at spending our tax dollars. Actually, all governments are very inefficient with how our tax dollars get spent and not just the Libs. They just happen to be extra good at it. 10 Billion in Consultants? Sure. Good idea. Government run affordability housing infrastructure program? What could go wrong? They did such a great job running Trans-Mountain (sadly no private group was going to do it because of all the insane regulatory hurdles now in place to get a development done).
Pretty numbers on a balance sheet......
All that being said, a lot of people are commenting how bright Mark Carney is.
I'll give him a chance to make positive changes and actually be fiscally responsible, given that he's an economist and has some business background, and being from Alberta makes me think maybe we wont xompletely sewer Oil & Gas which pays for the lion's share of our increasingly high debt service.
I would bet we will see more of the same from the Liberals, but I hope that's not the case.