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Other than that, everything’s under control


 

Ottawa’s finances are in much worse shape than previously forecast and the Conservatives no longer have any idea when they can balance the books.

The Toronto Star (!) nails it. They might have added: And they have no plan to do anything about it. But then they’d have to add: Neither do the Liberals.


 

Other than that, everything’s under control

  1. What would be far scarier is if governments could actually "control" the worldwide economy.

    Second only in scariness to the fact that so many actually believe governments can.

    • This is a post about Canada's finances, not the economy, and how the government has reported that, once again, it got things way way wrong.

    • Harper Conservative logic writ small: I can't control the world economy. So I might as well just max out my credit cards and grab a second mortgage on the house, even though I have no viable means of paying off such a massive debt. I guess I'll just have to hope my boss gives me giant raises in the future.

  2. But the Liberals are not the government. The Opposition's role is to oppose. When the campaign starts, they will say how the deficit will be tamed.

    • Shhh… you're spoiling his spin.

  3. Good for you Andrew. Snuck in a post on the fiscal update – a short one – just under the wire (like the At Issue Panel last night – why did Mansbridge, the big anti-Conservative he is supposed to be, not ask about it once?).

    Make that today's score:

    Phantom Coalition posts – 9 vs Fiscal Update posts – 1

  4. But then they'd have to add: Neither do the Liberals.

    Well, truth be told, we don't know if the Liberals have a plan or not. As already mentioned, they are not the government and as such under no obligation to provide one right now. Hopefully there will be one in the campaign.

    But considering the Conservative's habit of dismissing anything that doesn't come from the desk of Canada's Greatest Self-Proclaimed Economist (or at least Australia), it's just as well. The Liberals could have the best plan in the history of plans, but the fact that it comes from the Liberals means the Conservatives would have to absolutely refuse to do it.

  5. But then they'd have to add: Neither do the Liberals.

    Well, truth be told, we don't know if the Liberals have a plan or not. As already mentioned, they are not the government and as such under no obligation to provide one right now. Hopefully there will be one in the campaign. (I'm not that confident, but hope springs eternal!)

    But considering the Conservative's habit of dismissing anything that doesn't come from the desk of Canada's Greatest Self-Proclaimed Economist (or at least Australia), it's just as well. The Liberals could have the best plan in the history of plans, but the fact that it comes from the Liberals means the Conservatives would have to absolutely refuse to do it.

  6. Or steal it. Or say one and do the other. Whatever they think will give them the biggest electoral advantage, economy and finances don't even come into the calculation.

  7. "But then they'd have to add: Neither do the Liberals."

    Why would they have to? To meet with your approval?

  8. Something I was wondering today: did Flaherty produce the latest economic forecast himself?

    I'm assuming that he did, but there's always the possibility that the PMO generated the latest set of numbers, and they were just handed to Flaherty with orders to recite them. Just wondering.

  9. Which raises a point you mentioned on the At Issue panel this week, Mr. Coyne. You said that the Tory "blueprint" isn't likely to kick off a campaign because it doesn't differentiate the government from its opposition. But I'll submit that that might be exactly what they want. A failure on Iggy's part to differentiate himself from the Tories raises the question: why did he force an election if not solely for his own ambitions, which of course is the narrative they've been laying down for months now.

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