Quote:
Originally Posted by Hondaracer
Crazy the budget hasn’t balanced itself yet, who would have seen that coming
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Your boy blue...
"On election day in 2008, Stephen Harper declared that under a Consevative government, "we'll never go back into deficit." Five weeks later, he acknowledged that deficits would be "essential" if countries were to combat the recession caused by the global financial crisis.
The Harper government ended up running an annual deficit for six consecutive years. The sky didn't fall. In fact, it was later argued that many claimed the Harper government undermined economic growth when it cut spending to return to balance as quickly as it did."