SMF - Just Installed!
QuotePart of the Liberal campaign platform was a plan to split the federal budget into two budgets — an operating budget and a capital budget.https://torontosun.com/opinion/columnists/jay-goldberg-will-carney-pursue-real-spending-cuts-or-voodoo-budgeting
Carney may very well be seeking savings on the operating side, but he has also signalled plans to ramp up capital spending, which could still mean major increases in the federal debt.
The C.D. Howe Institute is wary of that exact possibility.
"The large deficits projected...cannot be downplayed or disguised by dividing the budget into two new categories — operating and capital — and targeting a balanced operating budget only, as proposed in the election platform."
Among the many problems created by presenting two separate budgets is that it would allow Carney to add all kinds of new spending over the next four years and simply label it capital spending, all the while pointing to operational spending cuts and an improving picture there.
But that's like cutting back on spending on one credit card but spending more on a second.
Ultimately, the bill must be paid, no matter which taxpayer credit card Carney chooses to use.
Ahead of this fall's budget, Carney would be wise to drop his plan for budget gimmicks and stick to a single plan that includes real savings and clear spending cuts. It's time to end the party with taxpayer money and return to the Chretien consensus that balanced budgets matter.
Quote from: Eddie the chug on July 10, 2025, 03:18:16 PMJoe is on Old Age Security. It is not much to live on. He has to go to the food bank for salty instant pasta.Does your invalid welfare pay enough to keep you guzzling hand sanitizer?
I am on a provincial pension for my mental problems. When I turn sixty five like Joe I will go on Old Age Security too.
Quote from: Lokmar on July 06, 2025, 05:19:23 PMOh, but I get to wake up every morning knowing I'm not you! Much better, josephine!Joe is on Old Age Security. It is not much to live on. He has to go to the food bank for salty instant pasta.
Quote from: Herman on July 08, 2025, 02:18:13 PMThe past ten years have been expensive for folks. Conman Carney aint changing that.He is going to accelerate it with more crony cash, higher taxes and sluggish growth.
Quote from: DKG on July 08, 2025, 01:40:36 PMA Liberal friendly economist is recommending the Carney government increase the GST to pay for the mountain of debt he plans on adding. This is in addition to their economic advisors recommending an appreciation tax on Canadian homes.The past ten years have been expensive for folks. Conman Carney aint changing that.
The US is lowering taxes and encouraging investment to spur rapid economic growth to pay the bills. Canada is doing the opposite. Which path do you think will lift more boats.
Quote from: Lokmar on July 06, 2025, 06:19:00 PMWTF are you talking about? When we first split up, I got custody and that dumb bitch paid ME child support, which she promptly fell behind on. If you have questions regarding my 30+ year old kids from my first marriage, just ask instead of making wild assertions that make an ass out of yourself! Try to be less irritating or I'll put you on ignore like many others here have done!Look old Joe is projecting. The old fairy is scared shitless his boyfriend Thiel will kick his broke ass to the curb.
Quote from: JOE on July 06, 2025, 05:30:05 PMWork hard, Bud!
You gotta family to support & alimony ta pay from a previous marriage, eh?
Quote from: Lokmar on July 06, 2025, 05:19:23 PMOh, but I get to wake up every morning knowing I'm not you! Much better, josephine!
Quote from: JOE on July 06, 2025, 05:03:27 PMI'll be enjoying retirement while yer still be working hard....Lokmar!
Quote from: Lokmar on July 06, 2025, 04:17:54 PMGood job at avoiding AIDS I guess?![]()
Quote from: Lokmar on July 06, 2025, 04:17:54 PMGood job at avoiding AIDS I guess?Jo Jo is not a tramp. We have a monogamous relationship.![]()
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