Author Topic: Government Day-to-Day  (Read 37836 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #390 on: May 15, 2020, 11:59:49 am »
i know facts aren't your forte so here's a little info for you.

No matter how you add it up, Harper’s fiscal record is a catastrophe


Since Harper was elected, the federal debt has increased by over $150 billion, wiping out the reduction in federal debt achieved under Chretien and Martin. Not much to boast about there.

https://ipolitics.ca/2015/04/19/no-matter-how-you-add-it-up-harpers-fiscal-record-is-a-catastrophe/

Five year old article.

Harper started with balanced budgets, that's why he felt he could reduce the GST. Then there was the 2009 financial crisis as well as a war in Afghanistan and everything went sideways, resulting in deficit years gradually returning to a balanced budget in 2015.

By the end of this year, Trudeau will have increased it by 400 billion, maybe more. He had planned on increasing it 200 billion by 2025 anyway, but that was before Covid-19
"Never trust a man without a single redeeming vice" WSC