"We do not inherit the earth from our ancestors, we borrow it from our children." A Liberal-supporting, environmentalist blog. We blog according to our opinions, not those of the party or government. Free speech must win and that's why we have this blog. The views of two Montrealers and a Libertarian.
Tuesday, October 11, 2011
What Cuts?
The Conservatives are planning to find 4 billion in permanent cuts to try and balance the budget. The Only problem is do we see these cuts in the deficit? No the way this government works with finances the deficit isn't going to get better. First the Corporate tax cuts that they are reducing again is going to cost billions more than 4 billion. Add that with the Billions the Harper government is giving Quebec (even though we really need a bridge) this government isn't at all fiscally responsible for cutting spending. Because like the Republicans in the U.S yes cuts do help cutting the deficit, but the right is fixated on cutting taxes and assume that it is free. If you cut 1$ in taxes and cut 1$ in spending guess what the deficit ain't changing. What would have been fiscally responsible of the Conservatives would be to cut more than they reduce in corporate taxes and maybe not cut corporate taxes! considering they are already low enough. We can save 10 billion in catastrophe spendign not passing Harper's stupid "on crime bill." The Conservatives are bad with money and they always disproportionally put the deficit on the poor. 4 years from now the Conservatives will be saying the reason there is a deficit is, because of too much money on social programs. Even though this government is cutting social programs left and right, and will be for the next 4 years. If this is all Harper has planned to balance the budget there will be a deficit in 4 years and it will be, because of reckless spending on useless prisons, fighter jets and Corporate tax cuts. So the question I have for Harper is what cuts are you really making to the deficit?
Subscribe to:
Post Comments (Atom)
How about using the 2.4 billion offered by the Chinese to buy tar sands fields in the North of Alberta ro pay down the debt. This present government could also use the 2.2 billion the South Korean Government gave them for total rights to gas off the Canadian Coast in the Artic this past February. Or better still, provide the oil and gas to these countries through our own methods and reap 80% rather than the meer amount we are getting by selling our country down the tubes. Because these countries will be providing their own personel to remove the gas and oil while we are left with the cleanup.
ReplyDeleteDeveloping the Oil sands will of course bring in billions of dollars in revenue, but the problems with developing the oil sands is that will cause many environmental problems. I say that the Tar sands can develop, but as long as there are Carbon taxes on it, but they should develop with strong environmental restrictions and limited growth of the industry. We should not be so quick to develop resources if we now that the gains will only be short term and the losses will be very long term.
ReplyDeleteindex.php/canada-federal-deficit-fy-2010-11-40-below-year?q=content/canada-federal-deficit-fy-2010-11-40-below-year
ReplyDeleteDR Roy saying that the Deficit is 40% lower than last year isn't going to help your argument, because in the U.S the deficit is also going down. The reason why the deficit is going down is, because Stimulus spending is over. What we should look at is whether the Deficit is going down and will continue to decline. In the U.S the deficit is declining to 600 billion by 2012, and then will rise again. The question is will the Canadian deficit continue to decline to zero the way Harper's government is managing money.
ReplyDelete