Argus Posted November 11, 2015 Report Posted November 11, 2015 No, debt isn't just debt. There are different kinds of debt, and different reasons for generating debt. And Trudeau will generate debt because he needed to be able to promise expensive goodies in order to get elected. Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
angrypenguin Posted November 11, 2015 Report Posted November 11, 2015 Deficits are created under Harper only. Trudeau will get the "cha ching" of any surpluses. Fear mongering tho - already practiced by the LPC. Oh it looks bad kids, real bad. So bad that we had no idea! Quote My views are my own and not those of my employer.
Smallc Posted November 11, 2015 Report Posted November 11, 2015 And Trudeau will generate debt because he needed to be able to promise expensive goodies in order to get elected. Which are mostly related to infrastructure and a new child benefit scheme. You probably won't get many complaints. Quote
angrypenguin Posted November 11, 2015 Report Posted November 11, 2015 Which are mostly related to infrastructure and a new child benefit scheme. You probably won't get many complaints. I'd double check your comment regarding infrastructure. Social infrastructure or real infrastructure? Quote My views are my own and not those of my employer.
Smallc Posted November 11, 2015 Report Posted November 11, 2015 I'd double check your comment regarding infrastructure. Social infrastructure or real infrastructure? Social housing, hospitals, schools, jails, etc. are all real infrastructure. Quote
Wilber Posted November 11, 2015 Report Posted November 11, 2015 Doesn't matter, it will all wind up as debt to be serviced forever regardless of the label put on it. Quote "Never trust a man who has not a single redeeming vice". WSC
PIK Posted November 11, 2015 Report Posted November 11, 2015 We are still paying for his father,. Quote Toronto, like a roach motel in the middle of a pretty living room.
ReeferMadness Posted November 11, 2015 Report Posted November 11, 2015 We are still paying for his father,. And we'll be paying for Harper long after I'm gone. Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Guest Posted November 11, 2015 Report Posted November 11, 2015 Has there ever been a government that didn't complain about the situation they were taking over the day after they got in? If they didn't want the job they shouldn't have applied. Quote
ReeferMadness Posted November 11, 2015 Report Posted November 11, 2015 Has there ever been a government that didn't complain about the situation they were taking over the day after they got in? If they didn't want the job they shouldn't have applied. So, that's your excuse for Harper creating a structural deficit? The Liberals should have guessed that he would mismanage the fiscal situation so it's their fault? Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Guest Posted November 11, 2015 Report Posted November 11, 2015 So, that's your excuse for Harper creating a structural deficit? The Liberals should have guessed that he would mismanage the fiscal situation so it's their fault? Why would I be making excuses? I'm saying that I have never come across a government that didn't whine about what was left by the last one as soon as they got in the door. My heart bleeds. Quote
ReeferMadness Posted November 11, 2015 Report Posted November 11, 2015 Why would I be making excuses? I'm saying that I have never come across a government that didn't whine about what was left by the last one as soon as they got in the door. My heart bleeds. I'm not feeling sorry for the Liberals - I'm more concerned about the country. Politics is supposed to be about the country, not about the politicians. Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Wilber Posted November 11, 2015 Report Posted November 11, 2015 And we'll be paying for Harper long after I'm gone. The only PM that didn't increase debt since the early sixties was Martin and probably only because he wasn't around very long so take your pick. Quote "Never trust a man who has not a single redeeming vice". WSC
Argus Posted November 11, 2015 Report Posted November 11, 2015 Which are mostly related to infrastructure and a new child benefit scheme. You probably won't get many complaints.Yes, 15% of it is related to infrastructure. Not going to help us a whole lot. Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
Guest Posted November 11, 2015 Report Posted November 11, 2015 (edited) I'm not feeling sorry for the Liberals - I'm more concerned about the country. Politics is supposed to be about the country, not about the politicians. That idea, laudable though it is, is incompatible with our system. Edited November 11, 2015 by bcsapper Quote
ReeferMadness Posted November 11, 2015 Report Posted November 11, 2015 That idea, laudable though it is, is incompatible with our system.I'm not sure that's entirely true. Did Harper inherit the type of mess that he's left Trudeau? Did Martlin lie about having a surplus and leave Harper with a structural deficit? I don't think so. Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Guest Posted November 11, 2015 Report Posted November 11, 2015 Did Harper and the Conservatives take over the reins with no complaints about the former government? If so, good for them. What I said is true. Every government's primary concern is re-election. The country comes second. Quote
ReeferMadness Posted November 11, 2015 Report Posted November 11, 2015 Did Harper and the Conservatives take over the reins with no complaints about the former government? If so, good for them. Because, unlike Harper, Martin had some basic integrity when it came to reporting surpluses? What I said is true. Every government's primary concern is re-election. The country comes second. And every business's primary concern is money. The customer comes second. Or third. Everyone put their own interests first. The trick to a system functioning well is to ensure that you have way of aligning interests. In the case of government, it starts with transparency and honest reporting. Like Harper promised, remember? Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Guest Posted November 11, 2015 Report Posted November 11, 2015 (edited) Because, unlike Harper, Martin had some basic integrity when it came to reporting surpluses? And every business's primary concern is money. The customer comes second. Or third. Everyone put their own interests first. The trick to a system functioning well is to ensure that you have way of aligning interests. In the case of government, it starts with transparency and honest reporting. Like Harper promised, remember? Why do you keep bringing up Stephen Harper? A respectable politician ought to put the interests of the country first. I'm sure they swear some oath or something, to do just that. If they want to put their own interests first, they are in the wrong job. Isn't that why it is referred to as "service"? Edited November 11, 2015 by bcsapper Quote
ReeferMadness Posted November 11, 2015 Report Posted November 11, 2015 Why do you keep bringing up Stephen Harper? Because it's his lies and fiscal mismanagement that have resulted in us being in the mess we're in. His economic policies intended to create Canada as an 'energy superpower' have hollowed out the manufacturing sector, leaving us more dependent on energy commodities. Which have no tanked. His ideologically motivated tax cuts have left us with a structural deficit. And, in case you didn't notice, the title of this thread is Tory Fiscal Stewardship (which is of course an oxymoron). A respectable politician ought to put the interests of the country first. I'm sure they swear some oath or something, to do just that. If they want to put their own interests first, they are in the wrong job. Isn't that why it is referred to as "service"? There is no way of measuring whether a given set of policies have "put the interests of the country first". Instead, we need to focus on transparency and honest reporting so that citizens can determine whether the policies have been successful. Quote Unlimited economic growth has the marvelous quality of stilling discontent while preserving privilege, a fact that has not gone unnoticed among liberal economists. - Noam Chomsky It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair
Guest Posted November 11, 2015 Report Posted November 11, 2015 Because it's his lies and fiscal mismanagement that have resulted in us being in the mess we're in. His economic policies intended to create Canada as an 'energy superpower' have hollowed out the manufacturing sector, leaving us more dependent on energy commodities. Which have no tanked. His ideologically motivated tax cuts have left us with a structural deficit. And, in case you didn't notice, the title of this thread is Tory Fiscal Stewardship (which is of course an oxymoron). Yes, but why are you telling me? There is no way of measuring whether a given set of policies have "put the interests of the country first". Instead, we need to focus on transparency and honest reporting so that citizens can determine whether the policies have been successful. Different argument. You said yourself "Everyone put their own interests first.". Politicians shouldn't. They generally do, but they shouldn't. Quote
Smallc Posted November 11, 2015 Report Posted November 11, 2015 Yes, 15% of it is related to infrastructure. Not going to help us a whole lot. I have already posted why that isn't correct. The analysis you're talking about failed to account for the recovery of monies from ending the 3 current child benefit schemes. Quote
angrypenguin Posted November 11, 2015 Report Posted November 11, 2015 Have people here forgotten that Harper didn't want to add to the federal debt in 2008 but was forced by the Liberals????? Quote My views are my own and not those of my employer.
Smallc Posted November 11, 2015 Report Posted November 11, 2015 Have people here forgotten that Harper didn't want to add to the federal debt in 2008 but was forced by the Liberals????? Why didn't he stop adding to it in 2011? Quote
ToadBrother Posted November 12, 2015 Author Report Posted November 12, 2015 Yes, 15% of it is related to infrastructure. Not going to help us a whole lot. And how much of the increased UCCB funded out of the "surplus" was going to be funded out of asset liquidation? Quote
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