CTV Repoting a $40 Billion Deficit on the Way...
Fairly applied to Mulroney? Mulroney left the Conservatives with two seats. His big wheeling dealing despite the huge deficit was threatening the country and that was the consequence.
Harper spent the surplus. I think he had to do it, given that the Dion Liberals would have made attractive promises on the basis of the surplus. So he really did what he had to do. The debt is reduced by growth and inflation so he was still taking care of that at the same time.
DerbyX @ Sun Jan 11, 2009 8:13 am
Oh don't give me that crap. Mulroney was voted out but he either gets called a Liberal in disguise, forgiven because of economic concerns, or considered a downright economic genius for not really really putting us into debt like the Liberals would have.
You are doing the same thing. Harper had to spend the surplus.
He had to do it because those big bad nasty Liberals (the ones who fully costed their platform)might have spent it on paying down the debt or providing healthcare.
You can't even have Harper take responsibility for his own budget without somehow heaping blame on the Liberals. He had to eh? Dion was controlling him by remote control?
The debt is not being reduced by growth and inflation when you add 30 or 40 billion to it.
This goes back to his fiscal polices of 06 and beyond. Thats why everybody said cutting the GST was a bad move economically even if it was a good move politically. We would have had a larger surplus and less debt had he done his job properly because every economist in the world was saying that the good times can't last and the hints were there back then. He knew this seeing as he himself is a trained economist. He knew and just didn't care enough in his quest for power. He spent big to win an election. He sent us to an early election against his own law because he thought he could win a majority. He is sending us to another election in a year because he couldn't govern within his mandate. He pissed away another billion in various costs just playing political games with military purchases alone.
Sure tax cuts are good but in the end Canadians expect services within a budget. We expect our leaders to govern effectively and Harper has failed miserably. Sure everybody touts how great tax cuts are and claim "nothing wrong with the govt giving us back our money". Of course few realizes that its not our money until we have paid for the services the govt provides. Things like road works, policing, education, healthcare, military, administration abroad in embassies, etc.
I suppose if Harper simply eliminated all taxes and doubled spending you'd think it smart right? I mean nobody pays taxes which should spur the economy and everybody gets better services. Whats wrong with that? An extreme example yes but thats the logic behind people supporting Harpers tax cut policies instead of doing the right thing fiscally back when he had a chance.
Is Harper responsible for the economy? No. He is responsible for setting tax policies which affect the bottom line. He is responsible for spending policies regardless of what the other parties wanted done. He is responsible for a 30 to 40 billion dollar deficit.
He is responsible for his own governments policies or else he is free to step aside and let somebody govern who will take responsibility.
mtbr @ Sun Jan 11, 2009 8:41 am
GordieCanuk GordieCanuk:
No sources given, and I'm wondering (hoping?) that its a trial balloon, and that the actual figure will be much less.
Nobody wants to read your blog so why repeat it with a daily new thread?
DerbyX DerbyX:
Oh don't give me that crap. Mulroney was voted out but he either gets called a Liberal in disguise, forgiven because of economic concerns, or considered a downright economic genius for not really really putting us into debt like the Liberals would have.
You are doing the same thing.
Harper had to spend the surplus. 
He had to do it because those big bad nasty Liberals (the ones who fully costed their platform)might have spent it on paying down the debt or providing healthcare.
You can't even have Harper take responsibility for his own budget without somehow heaping blame on the Liberals. He had to eh? Dion was controlling him by remote control?
The debt is not being reduced by growth and inflation when you add 30 or 40 billion to it.
This goes back to his fiscal polices of 06 and beyond. Thats why everybody said cutting the GST was a bad move economically even if it was a good move politically. We would have had a larger surplus and less debt had he done his job properly because every economist in the world was saying that the good times can't last and the hints were there back then. He knew this seeing as he himself is a trained economist. He knew and just didn't care enough in his quest for power. He spent big to win an election. He sent us to an early election against his own law because he thought he could win a majority. He is sending us to another election in a year because he couldn't govern within his mandate. He pissed away another billion in various costs just playing political games with military purchases alone.
Sure tax cuts are good but in the end Canadians expect services within a budget. We expect our leaders to govern effectively and Harper has failed miserably. Sure everybody touts how great tax cuts are and claim "nothing wrong with the govt giving us back our money". Of course few realizes that its not our money until we have paid for the services the govt provides. Things like road works, policing, education, healthcare, military, administration abroad in embassies, etc.
I suppose if Harper simply eliminated all taxes and doubled spending you'd think it smart right? I mean nobody pays taxes which should spur the economy and everybody gets better services. Whats wrong with that? An extreme example yes but thats the logic behind people supporting Harpers tax cut policies instead of doing the right thing fiscally back when he had a chance.
Is Harper responsible for the economy? No. He is responsible for setting tax policies which affect the bottom line. He is responsible for spending policies regardless of what the other parties wanted done. He is responsible for a 30 to 40 billion dollar deficit.
He is responsible for his own governments policies or else he is free to step aside and let somebody govern who will take responsibility.
Generally people scim about 10 lines of a post at maximum. Your stuff is too long and doesn't scan anyway.
DerbyX @ Sun Jan 11, 2009 9:28 am
Bruce_the_vii Bruce_the_vii:
Generally people scim about 10 lines of a post at maximum. Your stuff is too long and doesn't scan anyway.
No, there are alot of people here who read the entire post and answer each point.
That you chose not to doesn't mean others don't. People who can't defeat the argument often toss out one liners dismissing the post like you did.
The bottom line is Harper is responsible for the budget and the deficit. He will be held accountable during the next election.
Bibbi @ Sun Jan 11, 2009 10:22 am
Mention was also made in the Toronto Star that Flaherty is still floating the Conservative tax cut approach, despite the fact that in the U.S. a tax cut stimulus only resulted in 10 cents out of every dollar actually being spent in the economy. The rest was used to reduce personal debt.
uwish @ Sun Jan 11, 2009 10:35 am
DerbyX DerbyX:
Bruce_the_vii Bruce_the_vii:
Sure thing bud, Harper is responsible for the world downturn.
No but he is responsible for his tax polices which set the stage including an ill thought out GST cut done for political reasons.
Its funny how Trudeau epitomized a "tax and spend" liberal running a welfare state, a description that did not get fairly applied to Mulroney. Enter Chretien who was responsible for the entire deficit the moment he took office. Bitched at for running surpluses which he applied to the debt every year allowing us to be far better off then we would have been.
Now Harper and his polices have lost the budget over 40 billion going from a 14 billion surplus to a 30+ billion deficit and according to labour stats, the recession hasn't really hit Canada yet due to lag time.
Of course
none of this is Harpers fault. Nothing is ever the fault of the conservatives as they blame everything on everybody else.

why r u complaining? this is the budget you liberals wanted isn't it? Can't you just be happy??
you dripped on about how income tax cut would be far more effective, I bet they are going to be in the budget and want to bet you bitch about that too??
uwish @ Sun Jan 11, 2009 10:40 am
DerbyX DerbyX:
Bruce_the_vii Bruce_the_vii:
Generally people scim about 10 lines of a post at maximum. Your stuff is too long and doesn't scan anyway.
The bottom line is Harper is responsible for the budget and the deficit. He will be held accountable during the next election.
remember that quote the next time you try to ram a 'coalition' government down his throat. You want him to cooperate so he has extended his hand to 'all parties', now you walk away and say tough shit, it's all on you.
Easy to bitch from the other side of the house isn't it.
DerbyX @ Sun Jan 11, 2009 10:40 am
uwish uwish:
why r u complaining? this is the budget you liberals wanted isn't it? Can't you just be happy??
you dripped on about how income tax cut would be far more effective, I bet they are going to be in the budget and want to bet your bitch about that too??
Harper's budget is not what we wanted. I went on about how income tax cuts are more effective because
they are more effective. I also went on about how important it was to pay down the debt as much as possible during the boom times and how his GST cut was wrong.
Turns out I was correct.
Harper will accept responsibility for this deficit because his polices dug us into it. At least Dion's budget was fully costed to avoid a deficit.
uwish @ Sun Jan 11, 2009 10:42 am
RIIGGGHTT
'revenue neutral'
riiighhhhtttt

RUEZ @ Sun Jan 11, 2009 10:42 am
DerbyX DerbyX:
RUEZ RUEZ:
This is exactly what the coalition wanted. Lot's of spending.
This is
Harpers budget and deficit. He alone bears the responsibility because it was his fiscal policies over the last 2 years that brought us to a 30 billion dollar deficit from a 14 billion surplus.
The surplus means nothing now. This recession would have wiped out a 20 billion surplus. The Liberals are getting exactly what their coalition threatened, spending. Don't you remember Dion saying the coalition would immediately dump 30 billion into spending? Where was that money going to come from?
DerbyX @ Sun Jan 11, 2009 10:43 am
uwish uwish:
DerbyX DerbyX:
Bruce_the_vii Bruce_the_vii:
Generally people scim about 10 lines of a post at maximum. Your stuff is too long and doesn't scan anyway.
The bottom line is Harper is responsible for the budget and the deficit. He will be held accountable during the next election.
remember that quote the next time you try to ram a 'coalition' government down his throat. You want him to cooperate so he has extended his hand to 'all parties', now you walk away and say tough shit, it's all on you.
Easy to bitch from the other side of the house isn't it.
He isn't cooperating. This is his budget entirely. He did it all on his own.
Its pathetic how you cons cried and complained about the surpluses the Liberals ran yet ignore why they did and how important it was that they did what they did with them.
Now that Harpers in control you simply pass all responsibility onto everybody else.
Pathetic.
DerbyX @ Sun Jan 11, 2009 10:43 am
uwish uwish:
RIIGGGHTT
'revenue neutral'
riiighhhhtttt

Yup.
uwish @ Sun Jan 11, 2009 10:44 am
remember Ruez, Harper's budget was not what "we" (aka Derby) wanted.
He still can't get past the 'he' isn't the government and he lost the election.
minor detail...
DerbyX @ Sun Jan 11, 2009 10:45 am
RUEZ RUEZ:
The surplus means nothing now. This recession would have wiped out a 20 billion surplus. The Liberals are getting exactly what their coalition threatened, spending. Don't you remember Dion saying the coalition would immediately dump 30 billion into spending? Where was that money going to come from?
NO, I read the Liberal platform. It was fully costed. You guys just don'w want Harper to bear responsibility so you state that his budget was what everybody wanted anyway.
We would have had a larger surplus and less debt (had he used it that way) if he hadn't made the tax choices he did.
Its his responsibility.