Now that Canada is a few days away from the presentation of the New budget, I thought it would be interesting to juxtapose their 2008 budget with the new two year plan which the Cons have said will cost some $64 Billion. Don't get me wrong, there is nothing wrong with running deficits in times of fiscal uncertainty, but to lie to the People of Canada as recently as December 2008 and say they will NOT run a deficit is disingenuous. I think the acronym LLPOF is appropriate here. Take a guess what LLPOF means...I will update in the afternoon.
How did they get elected? They lied....from their website..
The Conservative Record:
Lowest unemployment rate in 33 years.
More than 400,000 new jobs created since the end of 2006; Canadian job growth is overwhelmingly in high-quality, high-paying jobs like printing manufacturing, heavy and civil engineering construction, electrical equipment appliance manufacturing and mining.
More than $37 billion of the National Debt paid off.
Most solid economic fundamentals in the G7.
Canada has the most resilient economy in the G7. And we alone in the G7 have kept our budget in surplus”.
Second-highest real GDP growth in the G7 in 2007; OECD projections estimate that Canada will be back in first place by 2009.
The lowest tax burden in 40 years.
Reducing red tape for small businesses.
Liar liar pants on fire=LLPOF
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