This is a pretty obvious trial balloon -- so we will have a deficit. I do not oppose a deficit when it is necessary. The sad thing is that the deficit we will have was unneeded. But for the economically senseless GST cut (yes, I like the money but if we are cutting taxes there are better taxes to cut) there would be much more Federal money. But this is crying over spilt milk -- and if we need a deficit let's have one but let's keep it small and short term. (Maybe Paul Martin might come out of retirement to do finance? (joke)).
Harper says economists telling him 'don't be afraid to run a deficit'
TORONTO - Prime Minister Stephen Harper says economists made it clear to him today he shouldn't shy away from deficit spending.
Speaking after a meeting with an economic think-tank in Toronto, Harper said he was given a direct message.
He says he was told: "Don't be afraid to run a deficit if the deficit is in the best interest of the economy."
Story here:
http://ca.news.yahoo.com/s/capress/081106/national/harper_deficit
1 comment:
Stevie wouldn't possibly consider running a deficit, after all he repeatedly gave his word that he would not.
Repeatedly during the election the phrase "no deficit" was mentioned.
We all know what his word is worth!
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