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Posted

Canada's Debt Clock

I don't know if you guys have seen this. It's Canada's debt clock that goes up by around $1,100 per second. This is pretty neat but also scary. It just shows that we, as a country need to get our debt under control. Curb spending and start living within our means.

If we need to cut social programs , lets do that. Whatever it takes. We cannot keep spending like drunken roughnecks on leave.

"You are scum for insinuating that isn't the case you snake." -William Ashley

Canadian Immigration Reform Blog

Posted

Canada's Debt Clock

I don't know if you guys have seen this. It's Canada's debt clock that goes up by around $1,100 per second. This is pretty neat but also scary. It just shows that we, as a country need to get our debt under control. Curb spending and start living within our means.

If we need to cut social programs , lets do that. Whatever it takes. We cannot keep spending like drunken roughnecks on leave.

You better vote for a Liberal then, this current "Conservative" group sure isn't getting it done.

"They muddy the water, to make it seem deep." - Friedrich Nietzsche

Posted

Canada's Debt Clock

I don't know if you guys have seen this. It's Canada's debt clock that goes up by around $1,100 per second. This is pretty neat but also scary. It just shows that we, as a country need to get our debt under control. Curb spending and start living within our means.

If we need to cut social programs , lets do that. Whatever it takes. We cannot keep spending like drunken roughnecks on leave.

:lol:

HEY, why not just RAISE TAXES by a percentage point or 2 on say those making over $250,000 (individual) NET a year and we'd have THAT problem solved in no TIME flat...

I KNOW I personnally wouldn't mind that solution one bit, nor would any of my more affluent friends...

Just don't screw around with "average working man wages", hell they hardly make enough to keep their families fed as it is...

Of course cutting into Corporate Greed er Profits slightly by eliminating the latest CORPORATE TAX BREAKS which create much of that type of debt would also help a LOT...

There are none so blind, deaf and dumb as those that fail to recognize, understand, and promote TRUTH...- GWiz

Posted

...Of course cutting into Corporate Greed er Profits slightly by eliminating the latest CORPORATE TAX BREAKS which create much of that type of debt would also help a LOT...

Tax breaks do not create debt...this is the classic tax and spend mentality which makes that debt clock roll upward.

Economics trumps Virtue. 

 

Posted

You better vote for a Liberal then, this current "Conservative" group sure isn't getting it done.

The Liberals or NDP wouldn't improve anything. Both would increase taxes and services, thereby going nowhere.

I have captured the rare duct taped platypus.

Posted

The Liberals or NDP wouldn't improve anything. Both would increase taxes and services, thereby going nowhere.

Your magic 8 ball tell you that?

"They muddy the water, to make it seem deep." - Friedrich Nietzsche

Posted

Your magic 8 ball tell you that?

Come on Shakey. The Liberals and NDP both campaign on spending more on services. Where they gonna get the money from? Ignatieff himself has said that he'll raise taxes. At least hes honest.

"You are scum for insinuating that isn't the case you snake." -William Ashley

Canadian Immigration Reform Blog

Posted

Your magic 8 ball tell you that?

Shakey, Layton himself said that "If you make $50,000 a year or more, you are rich and can afford to pay more taxes."

I have captured the rare duct taped platypus.

  • 1 month later...
Posted (edited)

The Liberals or NDP wouldn't improve anything. Both would increase taxes and services, thereby going nowhere.

My political history doesn't go that far back, but as I remember Mulroney (Con) racked up some pretty big deficits. Chretien/Martin (Lib) balanced the budget and had surpluses. Harper (Con) increased spending and reduced taxes eliminating any surplus, preventing the government from paying down the debt. This also didn't leave any cushion for when the economy tanked. I'm not blaming him for having a deficit during a recession, but the deficit didn't have to be so big if he had maintained a surplus. Looking forward, The Conservatives and NDP appear to have platform numbers that don't completely add up, while the Liberals do, on their plans to eliminate the deficit.

Compared to other countries, our debt really isn't that bad. But when 30-40% of every dollar in taxes you pay goes towards paying interest on that debt, it really does seem like a waste.

Edited by sk1d
Posted

Shakey, Layton himself said that "If you make $50,000 a year or more, you are rich and can afford to pay more taxes."

Since that's a direct quote, I have no doubt you can source it.

As scarce as truth is, the supply has always been in excess of the demand.

--Josh Billings

  • 4 weeks later...
Posted

Canada's Debt Clock

If we need to cut social programs , lets do that. Whatever it takes. We cannot keep spending like drunken roughnecks on leave.

Yeah! let's cut the jets and jails too!

I assume you agree! Since we are talking about fiscal responsibility...

Ideology does not make good policy. Good policy comes from an analysis of options, comparison of options and selection of one option that works best in the current situation. This option is often a compromise between ideologies.

Posted

Canada's Debt Clock

I don't know if you guys have seen this. It's Canada's debt clock that goes up by around $1,100 per second. This is pretty neat but also scary. It just shows that we, as a country need to get our debt under control. Curb spending and start living within our means.

If we need to cut social programs , lets do that. Whatever it takes. We cannot keep spending like drunken roughnecks on leave.

The problem is theres no consensus on what should get cut and there never will be.

I question things because I am human. And call no one my father who's no closer than a stranger

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