tag:blogger.com,1999:blog-6399730406480392183.post7050916111268045243..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: A Look at Canada's Deficit and Debt HistoryA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-6399730406480392183.post-19737659266637965292016-02-27T13:43:34.732-04:002016-02-27T13:43:34.732-04:00What never seems to get attention is Mulroney'...What never seems to get attention is Mulroney's introduction of the 7% GST. Martin seems to get a lot of credit for retaining the GST, but its not mentioned that he downloaded a lot of Federal costs to the provinces...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-40996163957133561832015-12-10T14:11:29.701-04:002015-12-10T14:11:29.701-04:00Can't wait for PJ's take on TFSA cut ...if...Can't wait for PJ's take on TFSA cut ...if Lib's really wanted to make TAX impact they should have cut RRSP . April 5th we will find rolling 67 back to 65 OAS and back to 30% /60 CPP are just another lie...TD not giving you 68 to 80 data not a big surprise ;-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-33973352262765448532015-11-17T10:04:44.925-04:002015-11-17T10:04:44.925-04:00If we all together forget about who is in power at...If we all together forget about who is in power at that period and put our energy to constantly discuss the issue of governance with our local federal and provincial MP, we might be more successful to push our point of controled budget by reducing spending. It is a large issue, but let us all do our part into driving the point home about debt and controled budgets. I am just saying ! It is not easy! We all take side but the talk is about cost and spending . Talk to your MP!!. That is our tool of democracy. Send letter to our government , talk our friend and family about deficit control not by attacking anyone or political agenda or ideology. Our next generation will be stuck with that debt!! Let get all onboard to change the way our government spend our taxe dollar. Have a good day Northof49noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-3161774442568317342015-11-05T11:39:32.919-04:002015-11-05T11:39:32.919-04:00I don't understand the comment about Pierre Tr...I don't understand the comment about Pierre Trudeau's "crazy spending" compared with the evidently very "crazy spending" of Brian Mulroney and the spending of Stephen Harper!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-27872068771163763972015-10-19T15:17:51.061-03:002015-10-19T15:17:51.061-03:00Canada’s National Debt
by Prime Minister
-Stephe...Canada’s National Debt <br />by Prime Minister<br /><br />-Stephen Harper (Conservative)<br />Feb 2006-Oct 2015<br />492.5 billion-612.8 billion<br />120.3 billion added to debt<br />In 9 years during the “great recession”<br /><br />Reduced National debt by 28.5 billion (to 464 billion) in the first two years of his term before recession hit.<br /><br /><br />-Paul Martin (Liberal)<br />Dec 2003-Feb 2006<br />507.5 billion- 492.5 billion<br />15 billion reduced debt<br />In 3 years with no recession<br /><br /><br />-Jean Chretian (Liberal)<br />Nov 1993-Dec 2003<br />459 billion- 507.5 billion<br />48.5 billion added to debt<br />In 10 years no recession<br /><br /><br />-Kim Campbell<br />June 1993-Nov 1993<br />451.8 billion -459.0 billion<br />7.2 billion added to debt<br />In 5 months recession uncertain<br /><br /><br /><br />-Brian Mulroney (Progressive Conservative)<br />Sept 1984-June 1993<br />135.3 billion -451.8 billion <br />316.5 billion added to debt<br />In 9 years possible recession for small portion <br /><br /><br />-John Turner (liberal)<br />June 1984-September 1984<br />127.2 billion-135.3 billion<br />8.1 billion added to debt<br />In 3 months during a recession<br /><br /><br />-Pierre Trudeau (Liberal)<br />March 1980- June 1984<br />60.1 billion-127.1 billion<br />67 billion added to debt<br />In 4 years during a recession<br /><br /><br />-Joe Clark(Progressive Conservative)<br />June 1979- March 1980<br />46.4 billion-60.1 billion<br />13.6 billion added to debt <br />in 9 months during a recession<br /><br /><br />-Pierre Trudeau (Liberal)<br />April 1968- June 1979<br />14.2 billion -46.4 billion<br />32.2 billion added to debt <br />in 9 years no recession<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-1025161944485277672015-10-16T18:59:29.183-03:002015-10-16T18:59:29.183-03:00Highest deficit created by Pierre Trudeau (Liberal...Highest deficit created by Pierre Trudeau (Liberal) (which is not showing in Table!), and approx. today's values is over 70B deficit. and highest closing the deficit gap (turning to surplus) happened since 2009 (recession) to 2015. The data collection and interpretation of the data is not fair and misleading. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-27639929181039846432015-08-24T21:42:50.908-03:002015-08-24T21:42:50.908-03:00I agree with The Blog Fodder, except for the word ...I agree with The Blog Fodder, except for the word 'Gays,' which is by far the least likely of any possibilities and should be removed. I'm straight, but Gays are people like the rest of us, and should not be singled out in a bad way!Joe Englishnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-54407261930551158392015-05-01T16:46:31.313-03:002015-05-01T16:46:31.313-03:00Trudeau's spending in the 70's would great...Trudeau's spending in the 70's would greatly alter your argument. <br />Mr Harper may not be an ideal choice but given the global downturn of 2008 I would give him higher marks on fiscal management than say his US and most European counterparts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-34042847233469205082015-04-24T20:18:16.453-03:002015-04-24T20:18:16.453-03:00That's all the data that TD supplied. If I go...That's all the data that TD supplied. If I go to another source, there might be inconsistencies in how the data is either calculated or presented.A Political Junkiehttps://www.blogger.com/profile/03342345936277964422noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-9029478157576080342015-04-24T14:14:02.444-03:002015-04-24T14:14:02.444-03:00The fact you did not start the Data at 1968 (Perso...The fact you did not start the Data at 1968 (Person surplus) and not showing PET's carzy spending of 70's -- his debt build up is now $382 billion (compounding intrest is a bit$h) I will not trust this blog for fair info.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-83968985868996568392015-04-23T17:54:45.494-03:002015-04-23T17:54:45.494-03:00In 2009, it was the start of the most recent reces...In 2009, it was the start of the most recent recession. You know what the government of every county is supposed to do during this time, right? Spend money by providing stimulus to the economy! Look at the US and some of the major countries in Asia and Europe. They all did the same and the consequence of this if running large deficits. Ask yourself, what is more important during recession, running a balanced budget or ensuring the economy doesn't deteriorate? Richardnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-49373870614786747992015-04-22T14:31:40.068-03:002015-04-22T14:31:40.068-03:00Conservative governments, whether Canadian or Amer...Conservative governments, whether Canadian or American intentionally run deficit budgets regardless of they talk. It transfers money from the poor to the rich in interest (as well as the tax cuts and defense spending) and gives them an excuse to cut social safety nets and services (health, education etc.) which benefit all the citizens. Getting re-elected while doing this is a remarkable feat but one that Republicans (who are running Harper's show) manage with God, guns and gays.The Blog Fodderhttps://www.blogger.com/profile/11441978691701289074noreply@blogger.com