blueblood

That trudeau started. Mulroney had to pay high interest which are up a lot of the budget. Mulroney negotiated nafta and started cutting spending to reduce the mess

Profit taking....

Let them collapse, the money will flow elsewhere and better banks will win out.

Yet enough of the ultra rich continue to back democrats. With the democrats controlling the house in the mid 2000s to 2010 one can surmise that the money would find its way to the fat cats. maybe it's the morons who vote for democrats that put so many rules and regulations that only the elites and their army of lawyers can afford to follow them. How has increased government intervention and the war on poverty been working? Massive waste, huge deficits, and more inequality. Maybe time for change?

And for you it's blame the Tories no matter what. I'm willing to give Martin a pass for the transfer slash to slay the deficit. He had to help fix trudeaus mess.

Which was exacerbated by Trudeau sr's massive debt. Which is why we worry about Justin's spending spree... the bond vultures have more faith in the USA to pay their bills than most anyone which is why they get away with their debt to gdp which until now you said that debt to GDP for Justin's and Pierres spending wasn't a big deal

Best solution is do nothing and let the market do the work. Let the bad banks take their haircut.

https://www.google.ca/amp/amp.timeinc.net/fortune/2016/12/09/trump-stock-market-dow-close-goldman-sachs/%3Fsource%3Ddam?client=safari no 8% dodd frank was not needed, all what happened was a bunch of money for printed and business said we have an unpredictable government that pops regulations on a whim and has sky high taxes so we are putting our money elsewhere and as a result the slowest recovery since the 40s and low job participation numbers government intervention with rock bottom interest rates, backstopping banks to allow them to make stupid loans and things like the community reinvestment act contributed to the recession along with people being greedy in the only thing propping up the economy (real estate) after the dot com bubble. 9 yrs of GDP growth as sluggish as it is means they are due for a recession especially when all the money is making its way into the stock market and interest rates are finally going up.

Harpers record wasn't perfect. He should have paid attention to how the Irish got out of their worse predicament. Harper shouldn't have taken on that much debt and things would have been just fine.

It would be less of a loss than if Trudeau sold them tomorrow!! better the guys at gm get the billions than those kooks overseas that Trudeau is trying to buy the UN Security Council seat with!

Yet we are still paying for it and the bond vultures didn't agree with you. It took a gst, nafta deal, and Paul Martin raiding ei, changing provincial transfers and slashing spending to get them off our back. the bond vultures don't care about debt to GDP. If they view the country is spending recklessly they play hard ball with the rates. Trudeaus debt has been a huge ball and chain on growth just because of the money needed to service it.

No 8%, obamas tenure started at rock bottom, it had nowhere to go but up and now unfortunately is due for a correction. imagine how much it would have grown if Obama didn't over regulate...

Given the current share price of fm the Canadian govt did nicely!

10-15% after a decade of trudeaus madness. You do know that it does pile up from high interest rates. You can thank Trudeau sr for starting the madness that we still can't pay off.

With a coalition gun to the head and he slayed the deficit regardless. What did the opposition want to spend? What's trudeaus debt going to be? He's a 1/5 of the way there!

8% rise in the Dow jones since trump won. It is in spitting distance of 20000 and blew past 19000. That shows extreme investor confidence along with consumer confidence at highest level since 2001. for the sake of intellectual honesty the Dow at 20000 has the calling card of a recession coming soon as the USA is due for one.

http://www.tradingeconomics.com/canada/government-budget they are quoting the department of finance. In 2015 Canada had a surplus of 0.1 percent of GDP. A surplus is a surplus is a surplus. As for selling off the furniture, the less the government has its hands in the better. In fact there is more furniture to sell.

Mulroney had to pay interest on trudeaus sr's massive deficit and debt when interest rates were double digits. The cost of servicing the debt was putting Mulroney in the red. Other than that the only Tory govts had good budgets as neither liberals or Tories spent much before Trudeau sr. harper had to play politics while bringing the deficit down to surplus which he did. Harper had a gun to his head to make the deficit and a sluggish Ontario economy thanks to provincial liberals which took longer for the deficit to pay off. The economy hasn't been on all cylinders since 2007. Part of deficits is lack of revenues due to a downturn.

This post shows why the dems have been shown the boot from all levels of govt. ordinary people have had it with being talked down to by political elites and gave them a resounding middle finger. The longer that republican voters are pathetic morons message goes the more they win. lots of rich people vote democrat as well to protect their own interests and the democrats have their own gems supporting them. i wonder why consumer confidence is at a 15 yr high and the Dow jones is sky rocketing...

I agree, since 2010 it's been a bleed out. They need better ideas and not platitudes.

Oh for sure. I would say it is in the middle of a divided upswing. The snowflakes have been at it for a few years now

I think you see in the divisive nature of the continent at present is the fact that both sides are refusing to denounce their kooks. And I think that is troubling. What I'm seeing is a power play and no side wants to show a sign of weakness. Personally I think the USA has been very divided since 2000 and Canada since Harper won his majority. What troubles me is how so many people can be whipped into such a frenzy and trump and Obama are quite skilled at it.

Republicans know that the Russians are a threat and that Putin is dangerous, however they are wanting to make some kind of arrangement with Putin with a sense of skepticism. however I don't agree with trumps line of thinking with Putin. That guy only respects authority and the USA has been pussy footing around the globe since the end of Reagan. And don't get me started with trump on free trade...

Republicans would love to throw the crazies under the bus, unfortunately those on the left have cried wolf with naming half of republicans as "ists" to the point where your problem arises. How do reasonable republicans engage in debate with democrats if being labeled as ist is used to stifle debate? It's a big problem and the dems lost the White House. i know you like to trash republicans, however the dems have their share of kooks as well. How many republicans are white nationalist conspiritards? Half? will the "dog-crap" on the left be pointed out with the same scrutiny?

It was as astute in 2000, 2008, and now.