The last time the Liberals were in power, and the economy was humming along, despite an economic slowdown in 2001. The government had a surplus, a massive surplus with an emergency contingency plan...
Now we have the Conservatives, with Harper and his hyper-childlike partisanship, Jim Flaherty who despite being a smart guy, seems to be Harper's lackey. Let's talk about the lack of contingency, the partisanship, the bad economic stewardship. This recession was coming from a long way off, look at how the sub prime loan thing lingered and grew into the financial crisis down south, but Stephen and friends covered their ears started yelling, "lalalalalala lying lying, there is no recession, Conservative good, Liberal bad". They wasted the contingency on god knows what. They created tax cuts that benefit the rich, rather than income tax cuts to the poor. They have squandered over a billion dollars on "consultants" after campaigning against the practice.
These are plenty of reasons for the Liberals to unite, and fight. Just look at this laundry list of incompetent decisions. The pathetic mismanagement of the economy, and lack of any reason to run away till January really show the Tories are crazy about holding power.
This leads to my next point. Michael Ignatieff is the man to lead the Liberals against Harper. We must unite around Michael and his team, and work together to raise funds, campaign, fight back against Conservative lies together. This is going to be hard for a lot of people, but I think the end result of exposing the Conservatives for being bad at Governing is a good result. Just look at our team, no lackey's, no yes men, all smart MP's and candidates. Its time for the party to work together.
I was a Liberal until yesterday (I quit). Mark my words, Stephen Harper's will outplay Ignatieff. Ignatieff doesn't have the political experience Harper does. The Liberal Party will finish behind the NDP in the next election, though Harper is likely to still be in a minority.
If you don't need money that is a surplus, you use it to pay down the accumulated national debt, thus avoiding paying interest on that portion of the paydown.
I believe the interest avoided to date by Harper doing this is around $3.5 - 4.0 billion. Not samll change.
When times are bad, and a deficit warranted, you borrow money. That's how a deficit is financed. Either that, or raise taxes, which is counter-productive in bad times.
It's like your personal credit cards or other debt. When you can afford to pay them down, do so.
This is not voodoo economics, or CPC malfeasance. It's simply good economic management.
Oh, and by the way, your suggestion of tax cuts to the poor is also a crock. Tax cuts do not benefit the poor the same as GST cuts. If I have no income (taxable or otherwise), you can cut taxes and tax rates for me until the cows come homw, and it isn't going to do me one bit of good.
A GST cut, though, saves me money each time I make my (meager) purchases.
I guess the above is why there are conservatives and liberals.
last time I checked, the only people that didn't pay taxes were retirees and people on disability. And most of your GST savings were put into raising the costs of most goods by about a penny.
Nice con talking points....
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