NDP Balance Budgets Better Than Tories Or Liberals

[maplesyrup]

NDP balances budgets better than Tories or Liberals

"The Liberals, 80% of the time they are in power, run deficits in the last generation, the last 25 years. The Tories, when they’re in power, run deficits, I think, 65% of the time. The NDP, when we have been in power, 58% of the time. So we have the best record."

It's good to be able to put out to pasture some more Canadian political mythology with these factual statistics.

The union movement really needs to get their own TV station going representing ordinary Canadians, to help offset a lot of the capitalistic nonsense being sprouted by the mainstream media.

[August1991]

More evidence of Leftist bad math. No evidence of context, nor prior budget status.

Worse? No understanding that a deficit is no different from future taxes, or delayed current taxes. IOW, the critical question is government purchases (government spending) not how the government raises money.

Governmemt deficits are not relevant. Government expenditures are.

What do federal, provincial, municipal governments buy on our behalf? There's the rub. (Once they buy, we're stuck with the bill - whenever or however it's paid.)

[ticker]

just use basic math 0/1=0.

the NDP has been in power at the federal 0 years and have run up 0 debt.

or 1/0= infinity

if the NDP was in power it would make trudeaus debt look like pocket change.

[Big Blue Machine]

For the NDP, 1+1=3. They make the companies pay the biggest burden. High taxes hurt the economy. We should keep taxes for companies middle ish to lowish, so they can hire more people.

[ticker]

I like the NDP policy 'lets just tax the ones making over 100k to pay' for all the social goodies. The fact that there is only 2% making over 100k we will just ignore that little detail.

[maplesyrup]

In the Ottawa Citizen on Nov 12, 2003, Page A16, columnist Rusan Riley wrote an article with the headline:

"News Flash: New Democrats really are fiscally responsible".

Here is an excerpt:

In Saskatchewan, it was New Democrat Roy Romanow who rescued the province from the ravages inflicted by Grant Devine's corrupt and incompetent Tory government. Saskatchewan, birthplace of social democracy, became the first province to balance its books in 1995. The two provinces in the worst fiscal shape today are B.C. and Ontario, both led, until recently in Ontario, by conservatives.

I know this comes as quite a shock to a lot of you but facts are facts. I think I'll take this Ottawa Citizen's reporter's point of view over some right winger slaging their party line.

Canada sure has a lot of myths don't you think?

[Pateris]

maplesyrup,

I give Romanow credit for balancing Saskatchewan's books in the face of insolvency.

However, he did it by raising taxes. At NO point did government spending in Saskatchewan go down.

Additionally, the end result has been that Saskatchewan is a bad place to do business, and the population is FALLING because everyone if moving to Alberta.

Even the senior citizens are moving to Alberta because the benefits are BETTER there...

[maplesyrup]

This idea that our goal is low taxes is another myth that needs to be put to bed.

Taxes are very much part of a healthy society.

[Slavik44]

This idea that our goal is low taxes is another myth that needs to be put to bed.

Taxes are very much part of a healthy society.

of course taxes are neccasary but it begs the question to what point are they neccesary.

Certainly the NDP have proven they can run a balanced budget I wont argue against that, but sometimes I think the NDP starts to enter into a territory of diseconomies of scale. where all the extra tax dollars they take in go into administrative costs, I do recall that NDP in B.C had a tendacy to use the government positions as wellfare for the middle class.