more great news from the federal liberals

[Weste]

http://globalnews.ca/news/2532097/liberals-announce-18-billion-deficit-expect-oil-to-hover-around-40/?utm_source=NewsletterNational&utm_medium=Email&utm_campaign=2016

[Walleyes]

And of they are reporting 18.5 you can bet your ars it will actualy be 20 wow,, what a mess.

Common sense tells us it would be bad regardless do to the economic times but my goodness,, quit spending man it's a down turn.

How long to dig ourselves out of this one. The sad thing of it is though, most brain dreads that voted for these morons don't understand what this means, it's just numbers on paper they understand the underlying economics to this.

[AxeMan]

And of they are reporting 18.5 you can bet your ars it will actualy be 20 wow,, what a mess.

Common sense tells us it would be bad regardless do to the economic times but my goodness,, quit spending man it's a down turn.

How long to dig ourselves out of this one. The sad thing of it is though, most brain dreads that voted for these morons don't understand what this means, it's just numbers on paper they understand the underlying economics to this.

Exactly, well said.  I don't think Justin has any idea of fiscal responsibility and how much $20 Billion actually is.  That will be > $80 Billion at the end of his 4 years added onto the existing Canadian debt of $616 Billion.  Plus interest!

This country will be permanently held back by debt with no way out.  Hello Greece, here we come.
Trouble is the people that voted Liberal have the same ignorance of financial responsibility.  That is what makes them Liberal.

[LeverAction]

It's  worth every dime, so shinny pony can use our money to build a stronger world, of peace loving, enviro friendly people, that one day our grand children will praise, and thank the good Lord that the Shinny Pony came into their forefathers lives and...... ah never mind I got nothin.

[BruceW]

Those numbers are, "forecast", and do Not include the planned infrastructure spending, so, yeah, I'd expect to see a lot higher figure within 8-10 months.

The fp has responses from moody's and some other economists.  Nothing you wouldn't expect.  My personal guess is that Canada is in for a credit rating drop shortly from how the moody's response read. 

[AxeMan]

Watched the news tonight and almost choked on my supper when Rona Ambrose stood up and berated the Liberals for announcing the $18.4 billion deficit that didn't even include the promised infrastructure spending of over $10 billion in itself.  Trudeau is a bloody lying criminal for misrepresenting the true amount and breaking the promises he was elected on.  What is actually worse though is Harper's record in arguably better times.  Global recession but not so much in Canada with the decent world price of oil over that time.

Don't get me wrong here as I absolutely hate Trudeau and everything he stands for.  I wont be a hypocrite like Rona Ambrose though and ignore the truth that Harper pissed away money as much as any bloody Liberal.
Politicians....there are no good ones!

Liberal 2016-17 deficit projection (bs projection) = -$18.4 Billion
Harper 2009-10 actual deficit = -$55.5 Billion
Harper 2010-11 actual deficit = -$33.4 Billion
Harper 2012-13 actual deficit = -$18.4 Billion

The actual facts are that Harper increased the Canadian national debt about $150 Billion over his reign!
Was the economic climate as bad as what it is now? You answer that question.  Rona Ambrose defends it though (from the article):

Ambrose defended her own party’s deficit spending in recent years, arguing that the country is not yet in recession as it was in 2008. She said the current government should only be spending on “programs that create stimulus,” acknowledging that this could include infrastructure investment.

Can Turdo create even more debt than Harper?  I would say he could but the spending would be be on even stupider crap than Harper did.
We are truly in huge trouble with idiots like these people in politics.  Bloody greedy opportunists, all of them.

Rona Ambrose, you should be ashamed right along with Justin.

[Walleyes]

They make it hard to believe in any of them don't they.