Author Topic: Economics Culture  (Read 2388 times)

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Offline Gorgeous Graham

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Re: Economics Culture
« Reply #135 on: March 24, 2020, 11:17:22 am »
I've consistently been making the argument for the last few years that instead of running 20 billion deficits during good economic times of record low unemployment, our government should have been at least running balanced budgets if not small surpluses and save that deficit money in order to put Canada in a better position to respond to the next economic downturn.

Graham has been proven right.  It sure would be nice to have those 80 billion back the Trudeau gov already spent to add to the stimulus and recovery measures the government has needed to put in place because of COVID-19.  We'd have more room to expand debt-to-gdp and keep it at a reasonable level.

Always listen to Graham.
I can tell how good of a person you are by how you treat the people you disagree with.
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