Author Topic: Government Day-to-Day  (Read 38099 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #390 on: May 15, 2020, 01:47:04 pm »
Nope, never said it was the highest it ever was under Harper. He did manage to get it up to the highest it was since the 70's @38.3% while JT has only got it up the 33.8% at last count. And once again, we have to consider the current government is having to deal with a pandemic which will cost money.

Wrong, it was well over 60% during the nineties and will likely be around 55% by the end of this year. Debt to GDP is a ratio, GDP is now sinking, Debt to GDP would be going up even if the budget was balanced.
"Never trust a man without a single redeeming vice" WSC