[DerbyX]

KorbenDeck KorbenDeck:

What a load of bs, it was the Liberals that DEMANDED Canada go into deficit in the first place

No it was Harper cons that wanted to buy as much support as possible that sunk us into debt. Even when the opposition parties were supporting a smaller 20 billion deficit old red ink Harper managed to throw another 34 billion at the auto CEOs.

[KorbenDeck]

DerbyX DerbyX:

KorbenDeck KorbenDeck:

What a load of bs, it was the Liberals that DEMANDED Canada go into deficit in the first place

No it was Harper cons that wanted to buy as much support as possible that sunk us into debt. Even when the opposition parties were supporting a smaller 20 billion deficit old red ink Harper managed to throw another 34 billion at the auto CEOs.

The cons would have not bailed anyyone out if the Liberals hadn't threatened to bring them down if they didn't.

[DerbyX]

Oh what a crock. The cons were claiming everything was fine and dandy economize until the storm that everybody else had been predicting hit. Suddenly it was "all about the economy", ya know the one they ignored until it was too late. then instead of actually doing anything about it they plaid partisan games and eventually prorogued the government because Harper didn't have the balls to face up to the consequences one way or another.

With a fresh chance he decided he was going to buy his way back into the voters good graces and proceeded to go from predicting a modest 1+ billion surplus to a modest deficit, to a larger one, a much larger one and finally a huge one. It was also Harper predicting himself that the budget wasn't structural and that he would eliminate it without taxes and you cons eat that up.

I'm sure all Iggy will do is simply cut off all of Harpers payments his CEO buddies and that will do the heavy lifting.

[ASLplease]

So instead of vowing to pay off the deficit through good government, he wants us to beleive that he is incapable of being a good government unless we fork out extra cash.

I'll rephrase....he wants us to believe that he will magically become a good government if we allow him to raise our taxes.

[DerbyX]

You had no problem believing Harper was going to magically erase his own deficit without raising taxes which is what Iggy is doing.

You had no problem with your taxes going down because the Liberals paid down the debt and you apparently have no problems with the inevitable take hike Harper will bring what with him running deficit after deficit after deficit.

[DerbyX]

bootlegga bootlegga:

You both forgot the inevitable cuts to the CF.

Jeez, I wish the Liberals had at least one other line of thinking...

How do you figure? Aside from the fact it would be entirely justified for any Liberal or NDP to cut military funding based on the way they have been supported by them I didn't see where Iggy was promising any cuts to the CF.

[ASLplease]

So when he says 'without raising taxes' does that include raping the EI fund like the past 2 PMs have?

[ASLplease]

my bad, I misread the headline and thought it said that he was going to raise taxes( which I freaking hate)

Derby, I am surprised that you didn't catch this.

[stokes]

Derby, you know as well as I do that it will be impossible to erase the deficit without raising taxes and any claim to do so is an outright lie. Considering every party on the left said that lowering taxes in the first place was a bad idea.

The majority of the money spent did not go to corporations as a bail out unlike the Americans.

The only reason why we have a deficit now is because the Libs, NDP and Bloc wanted a huge bailout because we just had to do what the states were doing, so for all of the left complaining that Harper is a Bush clone, it appears they follow more american policy than he does.

[Lemmy]

stokes stokes:

Derby, you know as well as I do that it will be impossible to erase the deficit without raising taxes and any claim to do so is an outright lie.

That is a patently incorrect statement. You can CUT taxes and eliminate a deficit. All you have to do is cut spending. Furthermore, a budget-deficitis PROPOSED. On any day other than the last day of the fiscal year, you can decide not to spend money that you'd already budgeted to spend. No offense, but you should take 1st year macro before you go calling people liars.

[bootlegga]

DerbyX DerbyX:

bootlegga bootlegga:

You both forgot the inevitable cuts to the CF.

Jeez, I wish the Liberals had at least one other line of thinking...

How do you figure? Aside from the fact it would be entirely justified for any Liberal or NDP to cut military funding based on the way they have been supported by them I didn't see where Iggy was promising any cuts to the CF.

I was mostly being sarcastic...but if there are cuts made, the CF will take a hit, mostly because they have one of the largest budgets of the federal government.

[Woodhead]

Yeah...like a liberal govt is going to cut spending. How would they make any friends like that?

[OnTheIce]

DerbyX DerbyX:

KorbenDeck KorbenDeck:

What a load of bs, it was the Liberals that DEMANDED Canada go into deficit in the first place

No it was Harper cons that wanted to buy as much support as possible that sunk us into debt. Even when the opposition parties were supporting a smaller 20 billion deficit old red ink Harper managed to throw another 34 billion at the auto CEOs.

Derby, cut the BS.

Are you telling us the World wide economic downturn was a myth?

Was Obama buying support with his stimulus?

Was Sarkozy buying support with his stimulus offering for France?

Was the UK government looking to buy support?

How about China? 568 billion should buy a lot of votes!

Or maybe South Korea, Japan, Germany, Hungary, Netherlands and Australia did the same too?


Or maybe, just maybe, Liberals like you are ignoring the giant 10 tonne elephant in the room which is the downturn in the World economy that even the strongest Nations spent billions to recover from.

You're also ignoring that if there was a Liberal, NDP, Green or whatever government in place they would also follow suit and offer a economic stimulus package.

Don't forget, Derby, Liberals voted FOR the stimulus package too.

[KorbenDeck]

$1:

Don't forget, Derby, Liberals voted FOR the stimulus package too.

Don't forget the Liberals demanded the stimulus package and wanted a bigger one than what the cons gave. Remember "the stimulus package needs to go farther"

[stokes]

Lemmy Lemmy:

stokes stokes:

Derby, you know as well as I do that it will be impossible to erase the deficit without raising taxes and any claim to do so is an outright lie.

That is a patently incorrect statement. You can CUT taxes and eliminate a deficit. All you have to do is cut spending. Furthermore, a budget-deficitis PROPOSED. On any day other than the last day of the fiscal year, you can decide not to spend money that you'd already budgeted to spend. No offense, but you should take 1st year macro before you go calling people liars.

Lemmy this is Canada, where are you going to take the money from?

DND just there is a huge requirement for new equipment especially ships and aircraft?

Health care?

Welfare/ EI/ CPP?

Government Motors? Well actually I never would have sunk money here to begin with!!!

Any urge to cut funding for anything will be met with heavy resistance, remember the "arts funding" in Quebec, cost the CPC a majority.

So as far as I can see things the only way to climb out of this deficit is to raise taxes because no one wants to face cuts again like we did in the 90's!