Monday, July 6, 2009

How quickly will the Tories make another threat towards Page?

One of the Tories favourite things to do lately is the criticize and infringe on the independence of its own appointee, parliamentary budget officer Kevin Page, particularly as Page's economic predictions have time and time again proven to be far more accurate than Harper and Flaherty's spin.

With his newest predictions, how long will to be before the Conservatives start to rumble about cutting his budget/mandate?

The Canadian government is unlikely to balance its budget in 2013-14 as promised because of a weaker economy... Kevin Page estimated a cumulative deficit over five years of $155.9 billion ($134.4 billion). Page forecasts a deficit of $48.6 billion this year, slightly lower than the government's estimate of $50.2 billion. But he projects a shortfall of $41.3 billion in 2010-11, $27.6 billion in 2011-12, $21.6 billion in 2012-13 and $16.7 billion in 2013-14.

Of course, watch the next election campaign when the Tories use the tired game of "tax and spend" Liberals. Only the Conservatives would give lectures about fiscal responsibility after running up a $155.9 billion deficit

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