Friday, July 23, 2010

Canadian Deficit

Jimcanyou said: "When liberals were in we had 13billion surplus now that conservatives are in we have over 50billion deficit and growing more every day time to get rid of the conservatives before it's too late"

Yawn, in other words, when the Liberals were in they gouged us 13 billion.
Then when they were in minority, they joined with the other minorities to force the government to implement 50 billion in stimulus spending.

What irritates me when this comes up, is the NDP and Libs seem to either forget that they were clamoring for deficit stimulus spending, or they think Canadians are too stupid to remember.

I look at this set of numbers, and it would appear Canada will have a deficit of under 30 billion this year, which is an improvement of 40%, and is in line with what the government is projecting to reduce the deficit over the next few years as the economy improves.

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