Author Topic: Government Day-to-Day  (Read 41337 times)

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Offline Omni

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Re: Government Day-to-Day
« Reply #375 on: May 15, 2020, 09:53:24 am »
Our debt to GDP ratio was in the danger zone.  Chretien and Martin were responsible leaders, unlike our current government.  They cut spending by 20-30% across the board.  It led to unprecedented surpluses and economic growth and debt reduction.  We were the envy of the G7.  That's all for nothing now, as our GDP to debt ratios have significantly increased, and all the debt we reduced from the late 90s to 2008 has been added back on, and then some.  Because we have a PM that wants to play Santa Claus.

Actually our debt to gdp ratio was the highest it's ever been under Harper. It has reduced since JT took office. Of course you may have heard there is a pandemic occuring which will certainly have an effect. I suppose you'll try and blame Covid on Trudeau somehow.