My message to the ‘conservative’ Prime Minister Stephen Harper and his government: close, but no cigar. Your ‘conservative’ budget doesn’t cut the mustard.
It’s easy to criticize Obama — a known socialist over his ridiculous, irresponsible policies. When you’re criticizing a man like Prime Minister Harper who was elected to govern as a conservative it’s tough. Has the Right completely lost hope in responsible budgets? This budget was presented as a manifesto of fiscal conservatism, but leaves me as confused as an Amish electrician.
Now, I know what you’re thinking — if this was a fiscally conservative budget there would be cuts to spending. You’re absolutely correct, the government has cut a whopping $17.6 billion from the budget! Oh yeah, that’s over five years though. The government has succeeded in cutting $3.5 billion per year in spending, from a $280.5 billion budget. Despite this, they are still running a $56 billion deficit in the first year, and $165 billion over the next five years.
Just for fun, let’s apply the government’s fiscal formula to your household:
Assume you are $90,000 in debt with annual expenses of $50,000, if the government were managing your finances, they would have trimmed a whopping $620 per year from your expenditures. However, despite that $62o reduction, they would be adding approximately $10,000 to your debt. Furthermore, they would plan for you to run a deficit for the next 5 years, adding to your debt load, and thus increasing the amount you’re paying in interest, each year.
This shouldn’t come as a surprise in a country where healthcare is paid for by the government and where the military is still using World War II sleeping bags in combat, but people labeling this sorry excuse for a budget as being “conservative” would be similar to labeling Che Guevera as a peace-maker…not even close! Every time a child is born in Canada, they have a $15,000 debt that they’ve inherited from the government, with no politicians stepping up to the plate to pay any of it off. I say it again — time for a Canadian tea party!
Tags: Budget, Canada, Conservatism, Stephen Harper, Tea Party