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Good News: Deficit to be $30 Billion says Bloomberg


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So what you are saying is Canadians want irresponsible government spending and a long list of broken promises . I guess higher taxes , higher unemployment and selfies are the way to go if you want to get your hands on Canada's no limit credit card . I honestly thought Canadians where smarter than that but then you look at Ontario and their Liberal mess and you realize otherwise .

No its not that... Its just that Canadians with more than 70 IQ can see through your bogus partisan analysis and desperate attempts to blame the state of our economy on a part that's only been in power for a few months, and ignore the fact that the real problems they face were there before the election (housing bubble, dangerous monetary policy, low savings rates, commodities crash).

But don't worry! You can probably find some hog farmers and young earth creationists that agree with your analysis!

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Is the list longer than that of anyone else at this point? Is the spending any more irresponsible than the last government?

You were just complaining that taxes were lower ($1.2B) and so not revenue neutral. Which is it?

Which was going up before November 4th

Find me one Trudeau selfie.

388 was the delegation size Trudeau brought to Paris for climate talks , larger than the US and UK combined . Care to explain to Canadian tax payers how that is reasonable ? Any idea how much that cost the tax payers of Canada ? How large the carbon foot print was ? Only the Liberals would be so irresponsible with tax payer dollars . I guess they have already forgotten why they where relegated to third party status not that long ago . Know what the say about history , when you forget it repeats itself .

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Yeah sure. Because only creationists pay taxes right? The 50k+ I pay a year doesnt count!

50% of the people in this country pay 4% of taxes. I would submit those people voted overwhelmingly for a guy who told them he was going to increase spending and give them all sorts of stuff. This is only logical. It wasn't like they were going to be asked to pay for it, after all.

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50% of the people in this country pay 4% of taxes. I would submit those people voted overwhelmingly for a guy who told them he was going to increase spending and give them all sorts of stuff. This is only logical. It wasn't like they were going to be asked to pay for it, after all.

Lefties love free stuff. " The problem with socialism is sooner or later you run out of other peoples money. " Margret Thatcher

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Lefties love free stuff. " The problem with socialism is sooner or later you run out of other peoples money. " Margret Thatcher

The problem with your handle is that a poster responding to you has a preconceived notion of what you are all about which negates any positive conversation that might take place. Your handle is a wall to having thoughtful discussions.

But of course that's not why you are here.

Edited by WestCoastRunner
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Thanks for your input . Is that the same mentality that is preventing Trump supporters from attending rallies all over the US because someone's opinion differs from their's ? So far all I have seen on this forum is a bunch of Liberal fan boys and girls that post excuses why the Liberals are failing so badly in Ontario ( Wynne ) and Canada ( Trudeau and Butts ) .

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Thanks for your input . Is that the same mentality that is preventing Trump supporters from attending rallies all over the US because someone's opinion differs from their's ? So far all I have seen on this forum is a bunch of Liberal fan boys and girls that post excuses why the Liberals are failing so badly in Ontario ( Wynne ) and Canada ( Trudeau and Butts ) .

At least you are honest with your handle.

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50% of the people in this country pay 4% of taxes. I would submit those people voted overwhelmingly for a guy who told them he was going to increase spending and give them all sorts of stuff. This is only logical. It wasn't like they were going to be asked to pay for it, after all.

It seems logical to you, but its just not true. Both the left and right have low, middle class, and upper class elements. My guess is that the 64% of people who support this government currently pay about 64% of the taxes.

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My guess is 38 % that voted for this government pay about 25 % of the taxes . Everyone I know that are in the highest tax brackets didn't vote for Justin , they didn't want to risk Canada's future in the hands of a Trust Fund Kid ! Looks like they where correct in their assessments now that a 30 - 40 billion year one deficit is about to be unveiled while unemployment numbers continue to rise . Only Liberal supporters can find " Sunny Ways " in the sea of bad news that we have been getting lately .

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It seems logical to you, but its just not true. Both the left and right have low, middle class, and upper class elements. My guess is that the 64% of people who support this government currently pay about 64% of the taxes.

Which is why the Maritimes overwhelmingly supported Trudeau, right? Because they're big time taxpayers out there... :rolleyes:

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Which is why the Maritimes overwhelmingly supported Trudeau, right? Because they're big time taxpayers out there... :rolleyes:

Well stated and true . Have to keep things light because Canada is getting bad news Tuesday . The first consequence of voting Liberal is about to be played out for all to see . Wonder if Liberals look at the unemployment rate ever ?

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My guess is 38 % that voted for this government pay about 25 % of the taxes . Everyone I know that are in the highest tax brackets didn't vote for Justin , they didn't want to risk Canada's future in the hands of a Trust Fund Kid ! Looks like they where correct in their assessments now that a 30 - 40 billion year one deficit is about to be unveiled while unemployment numbers continue to rise . Only Liberal supporters can find " Sunny Ways " in the sea of bad news that we have been getting lately .

Your guess is unsubstantiated crap like the rest of your moronic nonsense.

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Your guess is unsubstantiated crap like the rest of your moronic nonsense.

Unemployment is up to 7.2 % . The Conservatives left a 2 billion dollar surplus and the Liberals have turned that into a 30 - 40 billion dollar deficit and you think Canadians should be impressed ? You think Canadians like higher taxes and leaving their children mountains of debt to pay off ? Those are all facts and weather or not you like or agree with them doesn't change them . How is Trudeau's idea of growing our economy from the heart outwards working out so far ? He is a joke like most Canadians knew he would be but you keep being a fan boy for Canada's favorite new feminist with nice hair .
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Unemployment is up to 7.2 % . The Conservatives left a 2 billion dollar surplus and the Liberals have turned that into a 30 - 40 billion dollar deficit and you think Canadians should be impressed ? You think Canadians like higher taxes and leaving their children mountains of debt to pay off ? Those are all facts and weather or not you like or agree with them doesn't change them . How is Trudeau's idea of growing our economy from the heart outwards working out so far ? He is a joke like most Canadians knew he would be but you keep being a fan boy for Canada's favorite new feminist with nice hair .

Only people that don't understand macro-economics believe the Conservatives left a surplus. Fact is they ran up large public debt and even bigger private debt during their term.

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Only people that don't understand macro-economics believe the Conservatives left a surplus. Fact is they ran up large public debt and even bigger private debt during their term.

And you think the right thing to do is run up still more debt?

I won't deny the last government played games to make their budget balance, but at the same time the current one is playing even worse games to make things seem worse than they are so they can blame it on the Tories and the oil industry downturn.

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The Liberals will have racked up more debt in 4 years than the Conservatives did in almost 10 years while facing a major economic crisis . Not to mention the fact the Liberals and NDP forced the Conservatives to spend more than they wanted to because they where in a minority government , these are facts not Liberal rhetoric . Trudeau stated he wants to grow our economy from the heart outwards . If he said that while working in the private sector he would be laughed out of the boardroom but 38% of Canadians had a low enough IQ to fall for it . PS Unemployment rising while our deficit appears to be over 30 billion , total incompetence !

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The Liberals will have racked up more debt in 4 years than the Conservatives did in almost 10 years while facing a major economic crisis . Not to mention the fact the Liberals and NDP forced the Conservatives to spend more than they wanted to because they where in a minority government , these are facts not Liberal rhetoric . Trudeau stated he wants to grow our economy from the heart outwards . If he said that while working in the private sector he would be laughed out of the boardroom but 38% of Canadians had a low enough IQ to fall for it . PS Unemployment rising while our deficit appears to be over 30 billion , total incompetence !

Perhaps some of the incompetence began with the idea you may have heard of to do with all the eggs in the fossil fuel basket that Mr. Harper pursued. He is from Alberta so I guess that's a good enough excuse in some minds.

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Perhaps some of the incompetence began with the idea you may have heard of to do with all the eggs in the fossil fuel basket that Mr. Harper pursued. He is from Alberta so I guess that's a good enough excuse in some minds.

You obviously do not understand the composition of the Canadian economy. We are not a one-trick pony and Oil and Gas is not the largest component - in fact it's fourth at about 8%. However, Oil and Gas face an obstacle that other industry segments don't - they can't get their product to markets other than the US - even though there are customers ready to buy. That's the reason that the Harper government had such a large focus on Oil & Gas pipelines - and why this Liberal government will very soon find themselves in the same boat, regardless of their ambiguous stance.

Link: http://www.investorsfriend.com/canadian-gdp-canadian-imports-and-exports/

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You obviously do not understand the composition of the Canadian economy. We are not a one-trick pony and Oil and Gas is not the largest component - in fact it's fourth at about 8%. However, Oil and Gas face an obstacle that other industry segments don't - they can't get their product to markets other than the US - even though there are customers ready to buy. That's the reason that the Harper government had such a large focus on Oil & Gas pipelines - and why this Liberal government will very soon find themselves in the same boat, regardless of their ambiguous stance.

Link: http://www.investorsfriend.com/canadian-gdp-canadian-imports-and-exports/

Correct, we are not a one trick pony. And so we are better off with a government that doesn't focus on "one trick".
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Correct, we are not a one trick pony. And so we are better off with a government that doesn't focus on "one trick".

You've been duped into thinking that by the eco crowd who wail at anything to do with Oil or pipelines. Truth is, all Harper tried to do was get a pipeline built to get Canada's product to markets other than the US. It may have eluded you but he also introduced accelerated capital write-offs for the manufacturing sector - and yes, gave a bail-out to GM for the auto industry. Listen, Harper did a lot of things wrong - and that's why he's no longer PM......but getting a couple of pipelines to move our Oil and Gas is crucial for Canada and to think otherwise is at best, soft-headed thinking.

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