Wednesday, March 23, 2011
Spend or hold Back.
According to many experts Canada is moving on the right track when it comes to the deficit. The Conservatives shouldn't take to much credit for it as the Liberals made the surplus, and grew it and then gave it to Harper. Harper took the surplus spend a lot of it, and is now going to bring it back to surplus in 2016. The only reason Harper has a surplus to go back to was, because of the strong economy the Liberals gave him and the strong surplus. Harper having a minority stoped him from having everything he wanted. If Harper gets a majority he won't be able to control the tax cuts to major corporations that will ensure that Canada will never go back to surplus and bring us back to the deficit years of Brian Mulroney. Many economics are saying that the Government doesn't have to worry so much about the deficit because it is well on track to surplus and the government could be a little more Liberal when it comes to spending especialy when it comes to education that helps create skilled workers for the future. Now the Liberal party is in favor of improving education( but have not yet outlined a plan) which I believe helps are economy in the long term. I think we should limit spending while we have a deficit, but when it comes to important things like education it should be allowed as the benefits out weigh the price. I still keep the same belief that the Liberal party should stick to it's tough descion ideology. That ideology is that you don't spend money you don't have unless it is extremely important. I don't think we need to make drastic cuts to go back to surplus. Thanks to the Liberals who created the decade long surpluses. So no to a Quebec arena unless we have a surplus and we put other funds in other parts of the budget that desperately need it.