Canadian Election - Oct 14th
September 13, 2008
– Comments (8)
I think Harper is one of Canada's worst Prime Ministers. He inherited a country with a surplus of over $10 billion per year and to me the numbers look like a $6 billion deficit for this year. Given that last year was a $13 billion surplus, that's in the range of a $20 billion regression. It is massive when you consider Canada has about 1/10th the population of the US.
And here's the really sad thing, I don't see a leader out there able to make the tough choices and say "no" to the whims and make fiscal responsiblity a priority again.
In eight years Bush brought the US to brink of a financial crisis that the cost of the outcomes are yet to be known, but the biggest losers are younger people and they will be expected to bear the burden of the debt.
I have been strong in my opinion that Canada is in much better shape than the US, and it is still my belief, but what I see lacking is leadership to keep Canada strong. All I see is politicians that would spend money that is not there and follow policies that would make Canada weak.
I was quite used to the level of taxation and I didn't ask for a tax cut so that we could increase our debt and ensure it is more costly in the end as we increase our debt servicing costs. And right when the baby boomers turned 60.
A quote that is one of my favorites is:
What experience and history teach is this -- that people and governments never have learned anything from history, or acted on principles deduced from it - Georg Wilhelm Hegel, 1770 - 1831
I am not even sure who to vote for in terms who is likely to do the least damage...