Thursday 17 October 2013

Harper's Balanced Budget Law

Stephen Harper is dropping in the polls to below 30% and he is closer to 3rd place than first. In response his Throne Speech outlined his plan to gain back the trust of the Canadian public. Harper's faux fiscal conservative credentials were tabled by the government. His latest entry is to bring in legislation outlawing deficits except during exceptional circumstances. I guess exceptional circumstances would include all 8-years of the Harper government where he continues to run record deficits. Harper's first deficit occurred a year before the recession when he squandered massive Liberal surpluses. Apparently it is ok for Harper to run deficits but not future governments.




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