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Erasing surplus was Tories' biggest mistake: Ma

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Erasing surplus was Tories' biggest mistake: Martin


Political | 207883 hits | Oct 28 8:13 am | Posted by: WDHIII
56 Comment

During his years as finance minister, then as Canada's 21st prime minister, Paul Martin always believed that a federal surplus was key to economic stability in uncertain times.

Comments

  1. by avatar bootlegga
    Tue Oct 28, 2008 3:40 pm
    Say what you want about Martin dithering, but he knows the finance portfolio inside and out. Given that Harper & Flaherty has pissed the surplus away, and already had several months of deficit spending this year, the future looks crappy.

  2. by avatar Zipperfish  Gold Member
    Tue Oct 28, 2008 3:43 pm
    Well it sure didn't take the Tories long to go into their old habit of deficit spending.

  3. by roger-roger
    Tue Oct 28, 2008 3:47 pm
    Im with you on this one boot, Harper made a mistake with the surplus.

  4. by Anonymous
    Tue Oct 28, 2008 3:56 pm
    there still is a surplus, a smaller one the way it should be.

    seems that most economists agree running a small deficit during bad economic times is not a bad thing.
    http://www.citizen.on.ca/news/2008/1016 ... l/018.html
    http://economistsview.typepad.com/econo ... t_deficit/

    revenues decreasing......price of oil falling.
    sure is funny how the Canadian economy relies so heavily on resources :roll:

    Alberta keeping us a float for the last 5 years. :wink:

  5. by avatar RUEZ
    Tue Oct 28, 2008 3:58 pm
    "bootlegga" said
    Say what you want about Martin dithering, but he knows the finance portfolio inside and out. Given that Harper & Flaherty has pissed the surplus away, and already had several months of deficit spending this year, the future looks crappy.

    I love how you guys always throw in that "pissed it away" description. Really sells your point.

  6. by avatar uwish
    Tue Oct 28, 2008 4:00 pm
    there is no consistent view among the left

    many say spend, spend deficit. Primarily to NDP, but please don't even attempt to suggest the economy would be any better under Dion and his carbon tax.

  7. by avatar Alta_redneck
    Tue Oct 28, 2008 4:15 pm
    "Eisensapper" said
    Im with you on this one boot, Harper made a mistake with the surplus.


    So I'm thinking you'd rather do your tour in the Stan in one of these. Rather than what Harper goverment has bought in the last 3 years for the CFs.

    Maybe your right, you've been there, I haven't.

  8. by avatar bootlegga
    Tue Oct 28, 2008 4:18 pm
    "Alta_redneck" said
    Im with you on this one boot, Harper made a mistake with the surplus.


    So I'm thinking you'd rather do your tour in the Stan in one of these. Rather than what Harper goverment has bought in the last 3 years for the CFs.

    Maybe your right, you've been there, I haven't.

    Too bad G-Wagons those were bought in 2005, BEFORE your buddy got into office. You should have posted a pic of the $3 billion buses (CC-17) he bought instead...

  9. by avatar bootlegga
    Tue Oct 28, 2008 4:18 pm
    "RUEZ" said
    Say what you want about Martin dithering, but he knows the finance portfolio inside and out. Given that Harper & Flaherty has pissed the surplus away, and already had several months of deficit spending this year, the future looks crappy.


    I love how you guys always throw in that "pissed it away" description. Really sells your point.

    Thanks, I aim to please! :wink:

  10. by Anonymous
    Tue Oct 28, 2008 4:21 pm
    "bootlegga" said
    Say what you want about Martin dithering, but he knows the finance portfolio inside and out. Given that Harper & Flaherty has pissed the surplus away, and already had several months of deficit spending this year, the future looks crappy.


    I love how you guys always throw in that "pissed it away" description. Really sells your point.

    Thanks, I aim to please! :wink:


    pissed it away on beer and popcorn I suspect.

  11. by DerbyX
    Tue Oct 28, 2008 4:22 pm
    "bootlegga" said
    Im with you on this one boot, Harper made a mistake with the surplus.


    So I'm thinking you'd rather do your tour in the Stan in one of these. Rather than what Harper goverment has bought in the last 3 years for the CFs.

    Maybe your right, you've been there, I haven't.

    Too bad G-Wagons those were bought in 2005, BEFORE your buddy got into office. You should have posted a pic of the $3 billion buses (CC-17) he bought instead...

    In addition, they might also mention that by the time Harper got into office they had actually developed equipment specifically designed to fight specific tactics which he was able to buy.

  12. by avatar Tricks
    Tue Oct 28, 2008 5:27 pm
    "DerbyX" said

    In addition, they might also mention that by the time Harper got into office they had actually developed equipment specifically designed to fight specific tactics which he was able to buy.

    Such as?

  13. by avatar Tricks
    Tue Oct 28, 2008 5:27 pm
    "bootlegga" said
    Im with you on this one boot, Harper made a mistake with the surplus.


    So I'm thinking you'd rather do your tour in the Stan in one of these. Rather than what Harper goverment has bought in the last 3 years for the CFs.

    Maybe your right, you've been there, I haven't.

    Too bad G-Wagons those were bought in 2005, BEFORE your buddy got into office. You should have posted a pic of the $3 billion buses (CC-17) he bought instead...
    Doesn't the air force love the C-17s?

  14. by roger-roger
    Tue Oct 28, 2008 5:43 pm
    "Alta_redneck" said
    Im with you on this one boot, Harper made a mistake with the surplus.


    So I'm thinking you'd rather do your tour in the Stan in one of these. Rather than what Harper goverment has bought in the last 3 years for the CFs.

    Maybe your right, you've been there, I haven't.
    Lets put asside the money spent sending the GWagon overseas (replacement parts, shipping costs ect). This vehicle is not fit for combat. They all stay behind the wire so the LCol can get his timmies at 0715 instead of 0730.

    Right now I am looking across the road:

    I see 4x ELAV III (engineer light armored vehicle)

    Imagine this with a small blade on the front.
    I am not trained to drive this, but I know many people who are and say it is a waste of money.

    The 1x Nyala (RG-31) is already being phased out.


    This is just what is across the road; in general I support military spending, when it is done wisely.

    I'm sure there are other places the military could have trimmed the fat, the FE knife is a wonderful example.


    As well as these boots, I have only seen Generals wear these stupid things:



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Who voted on this?

  • WDHIII Tue Oct 28, 2008 7:17 am
  • kitty Tue Oct 28, 2008 8:02 am
  • Eisensapper Tue Oct 28, 2008 12:43 pm
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