The Book!

Wednesday, February 24, 2016

The Liberal Deficit



When Justin Trudeau was running in the last election, I recall him making this argument: vote for me. I am levelling with you. Governments always run on a balanced budget, and then as soon as they get in office, they say that the books are far worse than they imagined, and they are not going to be able to keep their promise. Instead, I am giving it to you straight: we will deliberately run a manageable deficit.

Now he is in office, and golly, it turns out the books are far worse than the Liberals imagined. They are going to have to run a much bigger deficit than planned.

The Liberals are playing Canadians for suckers. So far it has worked very well for them, as it has for so many previous governments. In the meantime, they get to blame their profligacy on the previous government.

This ought to be remembered next time they go to the polls.When Justin Trudeau was running in the last election, I recall him making this argument: vote for me. I am levelling with you. Governments always run on a balanced budget, and then as soon as they get in office, they say that the books are far worse than they imagined, and they are not going to be able to keep their promise. Instead, I am giving it to you straight: we will deliberately run a manageable deficit.

Now he is in office, and golly, it turns out the books are far worse than the Liberals imagined. They are going to have to run a much bigger deficit than planned.

The Liberals are playing Canadians for suckers. So far it has worked very well for them, as it has for so many previous governments. In the meantime, they get to blame their profligacy on the previous government.

This ought to be remembered next time they go to the polls.


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