Wednesday, May 27, 2009

What did I say about Budgets?

I have not posted in a while, but by February I was seeing a $50 billion deficit and they have only come out and admitted it now.

I entered adulthood at the end of the Trudeau era, when the next government inherited a mess where government spending was $39 billion dollars more then tax receipts without considering interest on the debt.

I knew nothing but a sluggish economy, grossly declining wages, poor job prospects, companies in serious trouble (it only occurred to me recently that none of the businesses I worked for from 1979 to 1987 survived), excessive housing prices, high tuition and much of this can be blamed on fiscal policy that went wild with spending that greatly improved the lifestyle of some at the gross expense of others.

I was never a big complainer of the high taxes and I truly believed it would come to an end with a stronger Canada, which it did, however, the morons currently elected are throwing all that hard work and sacrifice away and putting Canadian finances back on a perilous path.

Our current leaders truly deserve to have sewage plants named after them, but even that would be more tribute then they deserve.

1 comment :

privateerinvestor said...

Here Here!!
Well Said!!