Stuff Joe Oliver says

Here’s how the numbers stack up against some of Joe Oliver’s soundbites from his recent speech on balanced budgets

THE CANADIAN PRESS/Sean Kilpatrick

THE CANADIAN PRESS/Sean Kilpatrick

Five years ago, Justin Halpern started a Twitter account based on quotes from his dad. Some of the quotes were weird. Some were disarming. Some were really funny.

I know Finance Minister Joe Oliver hasn’t been hailed as the government’s best communicator. I kind of think there’s something about his deadpan delivery…  Also, he hasn’t been unwilling to make a grandiloquent statement for the government.

Minister Oliver recently used a speech in front of a Toronto business crowd to announce new balanced budget legislation. You can read about it here, here, and here.

Minister Oliver used the speech to say a lot of things. Inspired by Halpern, here I offer a some pull-quotes from the minister’s speech (which you can read in its entirety here). I also offer a few charts to look at with the quotes.

Decide for yourself what you see.


 

“Between 1969 and 1979, federal spending tripled”

Figure 1: Federal total program spending and total federal spending, FY 1968-69 to FY 1978-79

 

Figure 2: Federal total program spending and total federal spending, FY 1966-67 to FY 2013-14 (% of GDP)

 

“The personal federal tax burden is at its lowest in over 50 years.”

 Figure 3: Federal revenues from personal income taxes, as a % of GDP

 

Figure 4: Federal revenues from personal income taxes as a share of total federal revenues.

 

“Chrétien responded to a deficit crisis by hiking taxes.”

Figure 5: Federal personal income tax structure, selected years, 1985 to 2014.

 

“[Our predecessors in office introduced] some of the biggest tax hikes in Canada’s history, accompanied by unprecedented cuts to programs and transfers.”

Figure 6: Provincial own source and transfer revenues (% of GDP)

 

“Services like public health care, at the core of what it means to be Canadian, faced a terrible crisis.”

Figure 7: Selected health care indicators, 1990s to present




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