Compare this quote:
Federal revenues as a percentage of GDP are near the lowest levels in more than 50 years of records posted by the government. Mr. Oliver was asked if that means federal taxes are now as low as they can go.
“I think we could do more,” Mr. Oliver replied. He noted that Canada’s debt in relation to the economy is low by international standards and will shrink from about a third of GDP to one quarter by the end of the decade. Mr. Oliver did not comment on the potential impact of rising interest rates on federal finances.
H/t “the globe and mail“
To this famous quote:
I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub.
The only plan that Conservatives ever seem to come up with is “Cut Spending, Reduce Taxes” then let the rest sort itself out. (I’m talking ‘fiscal‘ conservatives here) I place that in quotes as we can all accept that any number of the self-same people are fine with spending money on War and Spying on their own people.
But right after an expansion of Government and a pledge to go to war: another pledge by a Conservative to cut taxes. How does this sound familiar? Oh yes, the year 2000. George Bush Jr. took power, cut taxes and then plunged the USA into an economic downturn that was compounded by lax oversight of the economy (because these things will sort themselves out in the market, yes?)
So; Canada stands at the threshold, letting another Conservative government bankrupt the country while sending kids to die in the Middle East. I don’t think the Liberals could do a worse job.