The burden might not be as heavy if we eliminated those expenditures wanted by Iggy, Layton and the other guy......Dodge Says Canadian Deficit Is Appropriate, Must Be Cut Later
Former Bank of Canada Governor David Dodge said today that the Canadian government’s deficit, which will exceed C$50 billion this year, is right given the recession, though lawmakers must commit to cut it later.Michael Ignatieff's questionable fury about the deficit Saturday, May 30, 2009 at 05:56 PM Comments: 26
Liberal Party leader Michael Ignatieff is mad about the $50 billion deficit. Finance Minister Jim Flaherty must resign, or so says Ignatieff. Like his patriotism, Michael Ignatieff's anger seems fake.(like that of his supporters.....) Former Bank of Canada Governor David Dodge said that the level of the deficit is appropriate under the circumstances. And David Dodge had a secret meeting with Michael Ignatieff just last week, lending his wisdom to Michael Ignatieff on questions about the economy.The Liberals (presumably) leaked the details of this meeting, but it wasn't reported that Michael Ignatieff gave David Dodge a hard time about what Dodge would have told Ignatieff was an appropriate level of deficit.
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1 comment:
those expenditures wanted by Iggy, Layton and the other guy......
so what you're basically saying is, the conservatives are willing to abandon their principles, in order to stay in power.
In other news, Flaherty is on record for stating he is completely behind all of the expenditures, and will spend more.
In general, it isn't that we are in red ink that is the issue, it's how Flaherty handled it that is. Which doesn't seem to be something you can fathom.
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