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PostPosted: Sun Oct 30, 2011 12:51 pm
 


Title: Liberals lauded for leading Canada's economic recovery
Category: Political
Posted By: Curtman
Date: 2011-10-30 11:22:40
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PostPosted: Sun Oct 30, 2011 12:51 pm
 


Wow.


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PostPosted: Sun Oct 30, 2011 12:59 pm
 


Yeah. Tony... irony...

Nice to see a bit on non-partisan praise coming out though. Both the Liberals and the CPC have had a role to play in our weathering the financial storm so far.


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PostPosted: Sun Oct 30, 2011 1:37 pm
 


It's interesting to realize the Martin surpluses where cause by going to far on the cuts side. More precise management would have left a balanced budget. With the surpluses Martin was able to offer a 1/2% of GDP tax cut and a 1/2% of GDP fix to the CPP (working from memory). In addition the surplus brought down the debt ratio, which saved our bacon. Just saying the cuts were deep and then put to political use.


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PostPosted: Sun Oct 30, 2011 1:40 pm
 


Bruce_the_vii Bruce_the_vii:
It's interesting to realize the Martin surpluses where cause by going to far on the cuts side. More precise management would have left a balanced budget. With the surpluses Martin was able to offer a 1/2% of GDP tax cut and a 1/2% of GDP fix to the CPP (working from memory). In addition the surplus brought down the debt ratio, which saved our bacon. Just saying the cuts were deep and then put to political use.


The cuts were cuts though I think a lot of that was passed to the provinces. So really, how deep were they?


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PostPosted: Sun Oct 30, 2011 2:13 pm
 


Well, it's true.

The Libs set the course for our ride through the recession. The Tories tweaked it a bit here and there but they didn't do the usual 180 that most changes in government herald. Both governments deserve a pat on the back.


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PostPosted: Sun Oct 30, 2011 4:03 pm
 


Gunnair Gunnair:
Bruce_the_vii Bruce_the_vii:
It's interesting to realize the Martin surpluses where cause by going to far on the cuts side. More precise management would have left a balanced budget. With the surpluses Martin was able to offer a 1/2% of GDP tax cut and a 1/2% of GDP fix to the CPP (working from memory). In addition the surplus brought down the debt ratio, which saved our bacon. Just saying the cuts were deep and then put to political use.


The cuts were cuts though I think a lot of that was passed to the provinces. So really, how deep were they?


Well all ten provinces got behind the effort to deal with the deficit. After years of not doing it they all got together. Really credit goes to the provinces as well.


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PostPosted: Sun Oct 30, 2011 4:27 pm
 


Bruce_the_vii Bruce_the_vii:
Gunnair Gunnair:
Bruce_the_vii Bruce_the_vii:
It's interesting to realize the Martin surpluses where cause by going to far on the cuts side. More precise management would have left a balanced budget. With the surpluses Martin was able to offer a 1/2% of GDP tax cut and a 1/2% of GDP fix to the CPP (working from memory). In addition the surplus brought down the debt ratio, which saved our bacon. Just saying the cuts were deep and then put to political use.


The cuts were cuts though I think a lot of that was passed to the provinces. So really, how deep were they?


Well all ten provinces got behind the effort to deal with the deficit. After years of not doing it they all got together. Really credit goes to the provinces as well.


Agreed.


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PostPosted: Sun Oct 30, 2011 5:39 pm
 


phxguy phxguy:
:lol:

I thought this was a real commentary. I missed the heading Warren Kinsella.


Warren Kinsella isn't real?


then there's that Pinko Liberal Tony Clement that's quoted in the story:
$1:
The second reason we have avoided a Euro-style implosion was revealed — surprise, surprise — by no less than Treasury Board President Tony Clement a few days ago.

In a little-noticed speech before the U.S. Chamber of Commerce, Clement lauded the government of Liberal prime minister Jean Chretien for “rather remarkable” fiscal reforms in the ’90s which have protected our economy ever since.

Said Clement: “Successive Canadian governments, across political lines, faced the challenge square on, delivering fiscal reforms that started us on a path to balanced budgets.

“As a result, from 1997 to 2007, our country enjoyed a decade of strong economic performance, with Canada leading the G7 in economic growth.”

For all but one year of the decade Clement referred to, Canada was governed by Liberals, not Conservatives. Clement went on to credit Chretien’s “program review” exercise — which cut waste in every government department — as one of the reasons Canada got back on track economically
. Looks like the Libs deserve more kudos than the Reformacons. And my guess is that if they had had a majority at that time, they would have slashed and burned all the good work that the Liberals did, because "if we were going to have a recession we would have had it by now."


Last edited by andyt on Sun Oct 30, 2011 6:13 pm, edited 1 time in total.

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PostPosted: Sun Oct 30, 2011 6:12 pm
 


The greatest contribution either party has made to the health of the Canadian economy has been to let the experts at the Bank of Canada chart macroeconomic policy. As long as our politicians remain smart enough to let the experts do their jobs, we'll be just fine.


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PostPosted: Sun Oct 30, 2011 8:32 pm
 


Some of the most conservative economic reforms in North America occurred under the Stewardship of Bill Clinton, Jean Chretien and Paul Martin.

Not that I support all those measures, but I just wish facts like this would stay in public memory for the sake of informed debate. We all know that in a few weeks, or certainly by the time of the next election, Conservitives will go back to pretending that "tax and spend Liberals" drive the country into economic ruin and Liberals will go back to pretending that they're the protectors of cherished government spending programs from penny-pinching Conservatives.


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PostPosted: Sun Oct 30, 2011 9:07 pm
 


Lemmy Lemmy:
The greatest contribution either party has made to the health of the Canadian economy has been to let the experts at the Bank of Canada chart macroeconomic policy. As long as our politicians remain smart enough to let the experts do their jobs, we'll be just fine.


I'll thank you to keep that logic out of our partisan bickering. This is the internet, dammit. Reason is not allowed. 8)


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PostPosted: Sun Oct 30, 2011 9:45 pm
 


Thanos Thanos:
Lemmy Lemmy:
The greatest contribution either party has made to the health of the Canadian economy has been to let the experts at the Bank of Canada chart macroeconomic policy. As long as our politicians remain smart enough to let the experts do their jobs, we'll be just fine.


I'll thank you to keep that logic out of our partisan bickering. This is the internet, dammit. Reason is not allowed. 8)


Baby Hitler is getting a little pushy these days. Maybe he needs to be sorted out by:

Image


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PostPosted: Sun Oct 30, 2011 10:05 pm
 


Gunnair Gunnair:
Thanos Thanos:
Lemmy Lemmy:
The greatest contribution either party has made to the health of the Canadian economy has been to let the experts at the Bank of Canada chart macroeconomic policy. As long as our politicians remain smart enough to let the experts do their jobs, we'll be just fine.


I'll thank you to keep that logic out of our partisan bickering. This is the internet, dammit. Reason is not allowed. 8)


Baby Hitler is getting a little pushy these days. Maybe he needs to be sorted out by:

Image

I am very tempted to turn that into my avatar.


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PostPosted: Mon Oct 31, 2011 2:52 am
 


Baby Hitler takes no crap off of anyone, especially not Baby Joe Stalin!

PDT_Armataz_01_40


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