[hurley_108]

RUEZ RUEZ:

Zipperfish Zipperfish:

Apollo Apollo:

Whine all you want, Canada is far better off than most countries on the planet.

What were the Liberals solution again? Oh yeah a carbon tax that would have sent us into a depression much less a recession!

Well, we're in a recession and guess who's in charge? Yes, the Conservatives. The Liberals, unlike Mulroney adn Harper, balanced the budget. Brought to you by "Truth Hurts."

That's all well and good but some people are predicting a deficit of 25 billion soon. Even with the Liberals 8 billion or so surplus that's a big deficit. It's easy to say the Liberals balanced the budget, but they also weren't faced with what some are describing as the worst recession since the great depression.

Then where's the stimulus package?

Either it's not going to be that rough and we can get through almost business as usual, in which case we shouldn't need to run that much of a deficit, or it's gonna be a whopper in which case we need some info and a plan.

[Dimcl]

$1:

It's easy to say the Liberals balanced the budget, but they also weren't faced with what some are describing as the worst recession since the great depression.

Are you forgetting Harper's spending record before the economy caved? This was the man who spent 31 MILLION on opinion polls and surveys in 2006/07. This is the man who has pledged a 29 percent increase in federal transfer payments to Quebec for 2009. Under Harper's government, federal spending will be up 25 per cent, or $40 billion, after three years of Conservative government. This is the man whose own Parliamentary Budget Officer has reported "The weak fiscal performance to date is largely attributable to previous policy decisions as opposed to weakened economic conditions".

The Liberal record sure isn't spotless but, please, get your facts straight.

[Scape]

Nice.

[ridenrain]

Bottom line is this is a political knee-jerk reaction by opposition parties that have no solutions or reason to fix the problem.
Scott Brison, Dion and Layton would rather Canada tanked so they could beat the CPC about the head.

The reality is that this is new and there are no previous examples to draw on. Making a wrong decision wastes money for no result, and that's what the whiney bitches want this government to do.
It's better to wait until the right path is clear and move than to do the wrong thing.

[RUEZ]

Dimcl Dimcl:

The Liberal record sure isn't spotless but, please, get your facts straight.

What "fact" didn't I get straight?

[DerbyX]

No. This isn't a knee-jerk reaction. Its solid criticism labelled against a man who decided that power was more important then the fiscal well-being of Canada. The Liberals resisted that quite nicely. Its why they spent every year paying down the debt rather then using it for some vote buying splurge even when they were hurting. Its entire why Canada was posed to whether this storm until Harper got in. Its entirely why I was saying that Harpers combination of tax cuts and spending sprees will result in either broken promises or deficit spending. In the end the economy brought bot as he shafted the military and will now put is into the red because he already blew the responsible cushion of funds.

The people who want Canada to tank are you hacks who would like nothing better then then to proclaim the reason was voting Liberal even a single time over the last 50 years.

As already shown Harper was spending wildly before the economy took a right turn off the cliff. He was already headed into the red all the while you con hacks were screaming the Liberals were a tax and spend party. You decried the Lib and NDP platforms as deficit magnets and praised Harpers 4 line platform as deficit proof because the cons are fiscally responsible.

You were wrong.

Now instead of holding your own man accountable like you should you instead try and turn it around by saying "ya but the Libs would have been worse".

Pathetic and just more evidence that the cons shouldn't be in charge because they won't take responsibility.

[commanderkai]

Seriously, should we really be making a stimulus package when we do not know what the Americans will do? Bailing out Canadian factories when the big Three might just cut all their liabilities in Canada during reorganization after bankruptcy makes a discussion of a Canadian auto bailout pointless.

Even if they did have one, people would accuse the Tories of buying votes or spending too much. So, honestly, the Tories are doing the right thing, there's no need for the Canadian government to have a knee jerk reactions because a few knee jerk reactionaries are screaming for something they would of attacked the Tories for anyway.

[DerbyX]

Doing the right thing depends entirely on your position. I've read articles detailing why the feds should bail out and why they shouldn't. Personally I don't favour dishing out money to companies responsible for their own downfall. I saw red when we were giving out cash to the airlines only to learn that a slew of CEOs got multi-million dollar parachutes after leaving companies they ran into the ground.

Ditton for CEOs fliying in private jets. If Ottawa wants to bail out the auto industry then instead of simply dishing out cash simply randomingly draw names from the people who filed income tax returns and give 200000 people a refundable tax credit worth 10000 or something. That covers 2 billion. Give Ontario and Alberta back 1 billion each to help their industries by allowing the provincial govt to offer an expanded job retraining program or early retirement incentives. The rest should be invested in responsible job creation of lasting benefit. Infrastructure repair, nuclear power plant building, building needed military equipment. Mulroneys biggest mistake is when he tried to fight unemployment he did it with low wage jobs that provided bo lasting benefit such as massive grass cutting and yard work jobs.

Harpers isn't being smart by giving the banks 75 billion backed by a pension plan already losing billions. Freeing up the banks available credit so they can offer more credit is a recipe for disaster. Thats entirely what the sub-prime was about. Offering to much credit to people who couldn't afford it.

[romanP]

ridenrain ridenrain:

Bottom line is this is a political knee-jerk reaction by opposition parties that have no solutions or reason to fix the problem.

I don't think there really is that much of a problem right now, but I also don't think that injecting more cash into a failing system that has done nothing but rely on subsidies for the past decade is really going to help anything, if we're trying to stave off a bad problem before it happens. Subsidies in the past have not led to job creation, they've always led to massive unemployment despite record profits.

Also, I don't know I've said it on CKA before, but I don't think further deregulation and loaning money to solve a borrowing problem is going to solve anything, and that is the mantra of both American and Canadian "conservatives." Those are the very things that led to where we are now.