bootlegga bootlegga:
No, Harper likely will be forced to do so too - the difference is he inherited a $14 BILLION surplus from the Liberals, unlike Chretien who inherited a $30+ BILLION deficit.
And Chretien didn't face a World-wide economic recession where every Nation was borrowing money to pump stimulus money to get the economy going again.
bootlegga bootlegga:
Now, while he might still have gone into deficit, the deficit would be far smaller had he not eliminated in his first couple years in office. Apparently everyone in the world except for our supposed 'economist' PM could see the storm clouds on the horizon.
What did he eliminate in his first few years in office that would have lowered the deficit? I hope you're not referring to the surplus money.
In regards to our government not pressing the panic button at the hint of a recession is clear....the minute you start mentioning that, people stop spending and start preparing for the recession.
bootlegga bootlegga:
Then what did he do after the bubble burst - and while the US was mired in recession - he passed MORE tax cuts for corporations made a bad situation worse.
Frankly, he's done everything in his power to make a mess of our country's economics. Yes, there's nothing he can do about commoidty prices, global financial fraud and everything else going on, but he is in part responsible for our deficit being as large as it is.
Then how to you explain our lowering unemployment rate the the fact that Canada was in much better shape coming out of the recession than just about anyone else?
bootlegga bootlegga:
The thing is that conservatives like you give him a pass on all of this.
I'll agree the deficit is not entirely his fault, but a fair-sized part definitely is.
I don't blame people, regardless of their political stripes for situations that are out of their control. Quibbling over a few billion dollars in tax cuts during a massive recession is small-minded thinking while ignoring the big picture.