No doubt the Liberal fart catchers will be out in full force tomorrow morning over Stephen Harper’s refusal to put balancing the budget as its front burner issue.
It would definitely be a little rich coming from the party of Pierre Elliot Trudeau, wage and price controls and interest rates that saw 22% at one point in time. Even richer coming from the party that campaigned against NAFTA and the GST, only to embrace former Prime Minister Brian Mulroney’s Tory fiscal policy and called it their own, slashed transfer payments to the provinces, thus leading to the balancing of the books during the mid 1990′s. I call that cheating.
No, like Mulroney, who said he wasn’t going to starve the provinces over some silly political game, Prime Minister Stephen Harper says shielding the economy is more important than balancing the books.
Right he is.
This whole “deficit fighting” crap that our media, assisted by the Liberal Party of Canada, spouts off as something that is supposed to mean something is nothing more than a political phrase. It is no more important than “affordable housing”, “number one priority” and “distinct society”. It has become politicized because it was the big news item of the 90′s.
“…”I want the budget to be balanced…but our first objective is not balancing the budget. Our first objective is to make sure the Canadian economy keeps growing.
“And in my judgment the gradual reduction in the ($24-$25 billion) deficit is the way to go if that can be managed and I think it can be managed.”…
…”You can’t grow your economy by raising taxes as the Opposition proposes. You can’t grow your economy by shutting down trade as the Opposition proposes. And you can’t grow your economy by declaring certain industries to be diseases and trying to put them out of business.”…”
If the Opposition had their way, interest rates would be in the double digits, banks would own full city blocks and taxes would be at record highs.
The priorities of this government remain in tact with realism. To protect the economy, investments must continue to be made – even if that means sacrificing the political sideshow we’ve all come to view as a “balanced budget”.
Lord protect us from the lefties.