Thursday, September 18, 2008

Liberals: Pro deficit

I cannot believe the amount of money being promised by the Liberals. The amount is too much to be believable. The latest pledge amounts to $7 billion a year.

How will they pay for all this? What program spending will they divert or cut? There is not enough surplus or new revenue in the "Green Shift" to pay for all of this.

To date, this is the tally I have:
  1. $900 million for catastrophic drug plan
  2. $420 million for "doctors and nurses"
  3. $250 million to "modernize" Fisheries
  4. $800 million for immigration "reforms"
  5. $575 million for retro-fits and "green mortgages"
  6. $250 million to fight B.C pine beetles
  7. $3 million for the court challenges program
  8. $7 billion a year for a total of $70 billion over 10 years for an infrastructure program
  9. $1.388 billion for post secondary and research programs
  10. $1.25 billion early learning and child care
  11. $482 million for the "Guaranteed Family Supplement"
  12. $2.878 billion for the "Universal Child Tax Benefit"
I am going to run out of fingers and toes trying to sum all of these fiscally irresponsible campaign spending pledges. What will the Liberals' plan be to keep us out of deficit? Magical bailouts from the US Treasury?

We're better off with Harper.

14 comments:

Ontario Girl said...

I was wondering the same thing...where's the money coming from? It's not as if they are going to pay for it all with the missing $40 million+ they stole from Taxpayers.

Anonymous said...

From what I heard, it was only to be funded out of surplus, rather than paying down debt.

Anonymous said...

Again, don't think you win this one when it was the Libs who turned the $4o plus billion deficit into a $12 billion surplus when Harper took over, anly to have it almost completely gone within 2 years.

Anonymous said...

7:47 Anonymous. The Government is not a for profit business and as such surplus is not a good thing.

If a government is running a surplus it is overtaxing us.

The idea of good government is a balanced budget that keeps as much money in the hands of those who earn it as possible.

Ontario Girl said...

Deficit from Trudeau, passed onto Mulroney. Surplus for Cretien from GST(which he campaigned on getting rid of)and downloading everything to the provinces. TAXPAYERS money horded in ottawa. Sorry, ...would rather have PMSH TAX CUTS. Costs lots of money paying down the debt and financing the troops...something the shameful LIBERANO$ failed to do after sending them into Afganistan. Give your Lieberal spin to the dummies who VOTE LIEberal.

Anonymous said...

@ Joe, agreed.

Something else that I have noticed a lot are articles that jump around between how Stephen Harper has messed up our economy, and how the global economic downturn is finally having effects on Canada.

So what is it, the global economic trouble, US credit crunch, etc, or poor management on the part of Mr Harper? I sort of think that if we're still breaking even in these times, we're doing pretty good.

Anonymous said...

What was the last conservative budget again ? Oh, that's right , it was the LARGEST in history.
Let me tell you all something. Now I don't really trust any government, liberal or Conservative , but Harper hired back much of the fat that the Liberals cut. Harper even brought back the Liberal sponsership program. They didn't do a damn thing about the gun registry, and under Harper my income taxes went up , then this year came down to where they were when Harper got elected. But hey, I save 2 cents at Tim Horton's , and as an average Canadian, that wins my vote. And I am just too damn lazy to study the green shift , so I'll take everyones word that it is a tax on everything. And we don't want a nerdy PM. Sure Harper is a nerd , but Dion has GLASSES , which makes him a bigger nerd.

Anonymous said...

Anon, any idea what the "Basic Personal Exemption" is when doing your taxes?

Check the deduction for the last three years and do the math. Then tell me if they raised your taxes.

AnonymousCoward said...

Dear Liberals who keep posting that Harper squandered the surplus, shut up already. It is not squandering when he returns it back to Canadians.

The government is not a for profit business, not running a 12 billion dollar surplus is a GOOD thing. This means you keep more of YOUR money.

Wake up already. Running a small surplus is good. We can discuss what is appropriate to be called small. 2-3 billion for me is a good size surplus, enough to weather any unexpected surprises, and enough to make a good payment on the debt on 1 April.

Anonymous said...

"Again, don't think you win this one when it was the Libs who turned the $4o plus billion deficit into a $12 billion surplus when Harper took over, anly to have it almost completely gone within 2 years."

Um Anony - you do realize that that surplus has gone back into people pockets and to the provinces to do what they are constitutionally required to do - something that your liberal government tried to muddle up by cutting funding (so they could keep more money) but still expecting them to fufill their responsibilities.

Obviously by your comment, you didn't know that, so now you do.

Paul MacPhail said...

Stephane Dion has a hidden agenda. Where is all the money for his billions in promised spending coming from? He's not saying. Where did he hide the secret figures that he uses in his Green shift calculator? we don't know. He just won't say. Does Stephane have a secret agenda to push our country back into deficit? We don't know. He just won't say. Even if he did we probably couldn't understand him.

Paul MacPhail said...

To the brave anonymous people: The Liberals didn't present Canada with a $12B surplus. Canadians did. The end of the worldwide recession coupled with extremely low interest rates set by the BOC produced half of the surplus; cutting the life out of healthcare and infrastructure produced the rest of it, along with the hated but necessary (and in my opinion preferable) GST. Harper didn't use up the surplus, he gave it back to Canadians in the form of tax breaks and paid approximately $16B a year on the national debt. Anonymous 9:33: Since you obviously have "studied" the Green shift, can you please tell me where the figures are that are used in the supposed Green shift calculator? I've asked around everwhere else and nobody seems to know how these magic numbers are produced. Since you are obviously special enough to possess this top-secret info, could you be so kind as to pass it on?

Anonymous said...

Where would a liberal government find the tax dollars to pay for this?

Where did they get it from last time? They gut the military, cut transfers to provinces, reneg on tax cut promises ("da GST we will kill it") funnel a bit to the interest groups to keep them quite. Then when they crow about HUGE surplus while your tax burden remains the same...or as they say "revenue neutral".

AnonymousCoward said...

Don't worry gimbol, they will sell it as pure fiscal responsibility and sound management.