Tuesday, May 26, 2009

Why the Tories are on the attack

You would go on the negative attack, if this was your economic record:

...If we were going to have some kind of big crash or recession, we probably would have it by now, a year into the crisis

...We are in fact ahead of our budget forecast but there's no risk of deficit. We intend to maintain a surplus in the budget.

-Stephen Harper, September 15, 2008

Finance minister Jim Flaherty says this year's budget deficit will balloon beyond $50-billion, setting a new record for red ink in Canada as the costs of the recession hammer Ottawa's coffers.


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