enjoy the recessions that come with balanced budgets and surpluses... everyone will be sending in extra taxes to balance that budget.

The Canadian govt is the primary creator of Canadian dollars.

When the federal govt runs a deficit of say $1B, that's a surplus of $1B in the private sector. $1B more spent into industry than collected in taxes. Good times for the private sector.

When the federal govt runs a surplus of $1B, that is a deficit of $1B in the private sector. $1B more collected in taxes than spent. This is an absolute disaster for the economy.

When you consider the above, you can see how ridiculous it is for the federal govt to run a balanced budget or surplus. A balanced budget is a strongly recessionary position, choking off economic growth in the private sector.

you never want your heart, liver and cervical spine going into your shoulder...

anon's Dad is dropping shrooms

Mitch has done more to ensure those mistakes are repeated than almost anyone else. Does he have no memory of his actions over the past 20 years?

it's right wing bullshit.

The UK is never limited in the amount of £ it can issue to cover govt deficits. Read a textbook. Issuers of currency do not borrow i that currecy. Debt and deficits have economic impacts, but there is no hard limit.

The only reason for austerity is that rich twats want austerity so they can continue their insatiable greed.

some sort of Iris

that's so old it farts dust

Buddha has no need for mouse, keyboard, or cpu. Nor even power or data cables for his monitor. He's just looking at a black screen.

😂

Canada's not as enthusiastic about that military spending because little of that money goes to Canadian companies. Even for things like shipbuilding, the rules are unfavorable to Canadian industry and a lot of the industrial benefits go to US companies. Canada tried to negotiate industrial benefits on the F-35 program, but it didn't go well, and Canada entirely withdrew for many years.

A GOP Senator is just a mouthpiece for US industry, they just want more Canadian spend, they don't GAF about actual defense of Canada.

smells like another attack on sugar substitutes from the sugar industry via the WHO.

Sugar in the quantities that the sugar industry would like to sell is extremely unhealthy.

it's pointless to throw a long term number out without considering what contributes to it. Canada's growth, population growth, economic growth, and other factors cause the public service to grow. In 2006 - 2015, it also had come through some periods of suppressed growth as the conservatives slashed services provided.