On Guard for Thee Posted May 4, 2015 Report Posted May 4, 2015 He tried, but the opposition parties would have non of it. By the time 08 rolled around Harper had blown the surplus Martin handed him and was well on his way into deficits. Quote
Smallc Posted May 4, 2015 Report Posted May 4, 2015 If not hyperbolically. Nothing hyperbolic about it. In fact, the opposition was doings omething even worse, in that they were protecting their own bank accounts (the public funding subsidy was going to disappear). Quote
Smallc Posted May 4, 2015 Report Posted May 4, 2015 (edited) By the time 08 rolled around Harper had blown the surplus Martin handed him and was well on his way into deficits. Yes, the crashing world economy would tend to do that. Edited May 4, 2015 by Smallc Quote
Smallc Posted May 4, 2015 Report Posted May 4, 2015 Are you trying to say Harper cut spending back then, or am I just not hearing correctly. He couldn't. Apparently you have a very short memory. Quote
Keepitsimple Posted May 4, 2015 Report Posted May 4, 2015 By the time 08 rolled around Harper had blown the surplus Martin handed him and was well on his way into deficits. That myth has been beaten do death. Martin and Chretien used $50 billion in EI funds and cut back transfers to provinces in order to generate that "surplus" - all on the backs of over-taxed Canadians and the provinces. Quote Back to Basics
On Guard for Thee Posted May 4, 2015 Report Posted May 4, 2015 (edited) He couldn't. Apparently you have a very short memory. My memory is just fine. Harper put the budget into deficit first off by cutting the GST. Then he drove it higher with his attempt at applying Keynesian economics. However, this sees to be a bit of thread drift. Edited May 4, 2015 by On Guard for Thee Quote
Smallc Posted May 4, 2015 Report Posted May 4, 2015 My memory is just fine. Harper put the budget into deficit first off by cutting the GST. Then he drove it higher with his attempt at applying Keynesian economics. However, this sees to be a bit of thread drift. Harper didn't ever want to spend the money he did, actually, and after the GST cut, the budget was still in surplus. A very poor memory indeed Quote
On Guard for Thee Posted May 4, 2015 Report Posted May 4, 2015 Harper didn't ever want to spend the money he did, actually, and after the GST cut, the budget was still in surplus. A very poor memory indeed Better check your facts.....budget of 08-09 was in deficit by about 6 billion, mostly due to lot GST revenue. Quote
Shady Posted May 4, 2015 Report Posted May 4, 2015 Better check your facts.....budget of 08-09 was in deficit by about 6 billion, mostly due to lot GST revenue. Complete nonsense. The recession was responsible for lost revenue. Quote
eyeball Posted May 4, 2015 Report Posted May 4, 2015 Nothing hyperbolic about it. In fact, the opposition was doings omething even worse, in that they were protecting their own bank accounts (the public funding subsidy was going to disappear).You don't think 'coup détat attempt' is hyperbole? Quote A government without public oversight is like a nuclear plant without lead shielding.
GostHacked Posted May 4, 2015 Report Posted May 4, 2015 That's total BS since the previous 4 or 5 governments all had a hand in racking up debt, with Chretien taking the lead. I suppose you think WW3 is just around the corner. You've been paying attention to things going on around the world? We just might be on the edge of that. Ukraine, Middle East, China-Russia against USA NATO, with China vs Japan mixed in. Africa having issues with Boko and Al-Queda types. Not to mention the Middle East and ISIS with another Saudi US NATO against the Russian-Iran-China batch .. I dunno. Sure looks like peace is breaking out all over the place. Quote
Smallc Posted May 5, 2015 Report Posted May 5, 2015 You don't think 'coup détat attempt' is hyperbole? I don't believe that's what it was. The stated reasons are spot on. Quote
Smallc Posted May 5, 2015 Report Posted May 5, 2015 Better check your facts.....budget of 08-09 was in deficit by about 6 billion, mostly due to lot GST revenue. The recession started during that fiscal year, and the slowdown started as soon as two years prior. Better check your facts. Quote
On Guard for Thee Posted May 5, 2015 Report Posted May 5, 2015 Complete nonsense. The recession was responsible for lost revenue. Complete nonsense. Already in deficit prior to the recession. Quote
On Guard for Thee Posted May 5, 2015 Report Posted May 5, 2015 The recession started during that fiscal year, and the slowdown started as soon as two years prior. Better check your facts. The cuts to gst were done and the fallout began prior to the recession. Better check your facts. Quote
Shady Posted May 5, 2015 Report Posted May 5, 2015 Complete nonsense. Already in deficit prior to the recession. Yes, economies start to slow down rapidly months before an official recession. Quote
On Guard for Thee Posted May 5, 2015 Report Posted May 5, 2015 Yes, economies start to slow down rapidly months before an official recession. Lots of people like to try and blame the recession. He had already entered deficit spending well before. Quote
Shady Posted May 5, 2015 Report Posted May 5, 2015 Lots of people like to try and blame the recession. He had already entered deficit spending well before. Not true. Quote
On Guard for Thee Posted May 5, 2015 Report Posted May 5, 2015 Not true. Well check your facts. Dont just blurt out, he said, she said. Quote
Keepitsimple Posted May 5, 2015 Report Posted May 5, 2015 Well check your facts. Dont just blurt out, he said, she said. You've already been called on it - repeating your mantra over and over as you usually do will not change the facts..... Quote Back to Basics
The_Squid Posted May 5, 2015 Report Posted May 5, 2015 They're the responsibility of the provinces (with the help of the already massive Canadian Social Transfer) and already get more than most of us should be comfortable with. In this country, you have to try hard to be extremely poor. Actually, all you have to do is have a chronic illness. $1000/month and virtually no coverage of medical expenses needed to keep a person as healthy as possible. It's disgusting how Canada treats disabled people. Quote
The_Squid Posted May 5, 2015 Report Posted May 5, 2015 This visit was pure election time politics. Anyone who isn't a partisan hack can see that. Quote
On Guard for Thee Posted May 5, 2015 Report Posted May 5, 2015 You've already been called on it - repeating your mantra over and over as you usually do will not change the facts..... Called on it....by someone who doesnt know the fact. Here is a little reading for you. http://www.cbc.ca/news2/interactives/canada-deficit/ Quote
Shady Posted May 5, 2015 Report Posted May 5, 2015 Called on it....by someone who doesnt know the fact. Here is a little reading for you. http://www.cbc.ca/news2/interactives/canada-deficit/ Thanks for proving my point. It clearly started in 2008, when the recession hit, was at it's biggest in 2009, and has been shrinking ever since. You're "it clearly started well before the recession" is completly and utterly false. Quote
On Guard for Thee Posted May 5, 2015 Report Posted May 5, 2015 Thanks for proving my point. It clearly started in 2008, when the recession hit, was at it's biggest in 2009, and has been shrinking ever since. You're "it clearly started well before the recession" is completly and utterly false. A 13 billion dollar surplus turned into a 6 billion dollar deficit in 2 budgets, mostly by cutting gst. Its not calculus... Quote
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