17

Exit strategy


 

Globe and Mail, Sept. 10. Putting the best possible pre-election gloss on forecasts of deeper red ink for Ottawa, Finance Minister Jim Flaherty is assuring Canadians the light at the end of the deficit tunnel should be visible by 2015. Mr. Flaherty refused to promise when the Conservatives might balance the budget – blaming a murky economic outlook – but insisted the Tories are the only party that can be trusted to bring Ottawa back into surplus without raising taxes or cutting transfers to provinces … Although Mr. Flaherty had last week said he would lay out a path to balanced budgets – “how we will move back to surplus” – the effort presented Thursday fell well short of this. The Conservatives said detailed measures would have to wait until their economic crystal ball grows clearer.

Canwest, tonight. Prime Minister Stephen Harper warned Thursday night against having no “exit” strategy from high government deficit and debt levels, delivering his message to a U.S. business audience already jittery about Washington’s spending … he signalled that a failure of the U.S. government to move toward balancing its books could stifle longer-term economic expansion. “There must be plans put in place to exit from high levels of government deficits and debt so that capital investment in the private sector is not eventually crowded out,” Harper said.


 

Exit strategy

  1. I don't think Harper can think beyond each month, let alone developing an exit strategy. Wonder if he knows or cares that the media lets Canadians know about hypocritical "must be plans" statements like this.

  2. Did he tell them that today's a buying opportunity? And how fast did they run from the room?

    • Why should he say it was a buying opportunity now? The buying opportunity was when he said it was a buying opportunity.

      • madeyoulook,

        Some people prefer to attack without substance. Harper and Obama both made the same comments when the stock market was in turmoil and heading south.
        Some investors understand how to invest and the importance of timing. Some of these posters have a serious problem with anything Harper has done. Thankfully those people are not united and prefer to fight on the fringe.

  3. Quoting things said by the Prime Minister and Minister of Finance is proof that Wherry is biased.

    Just thought I'd get the jump on the accusation in this thread :)

    • This is unfair!

  4. On this visit Harper showed off two things he is good at:
    Lecturing people on doing things that he himself can't even begin to understand. (The example above)
    Taking credit for others' deeds as when he crows about our banking-system health.

    • You'd prefer your leader who discusses bodybags, NHL flights, returning to the Pearson Robust Peacekeeping Era instead are the leading issues of today?

      Is is any suprise his leadership scores are now in Dion territory and the party polling is only 3% above the lowest p.o.p in 100 years?

      I was under the impression he was a serious leader.

      “He was brought in to reinvigorate the liberal brand, to go for the big game right away,” said Nelson Wiseman, a political scientist at the University of Toronto. “I think a lot of the party thought, ‘We need someone who has the intellectual gravitas of Pierre Trudeau.' Like Trudeau, he came in as a fresh figure, but he also had a reputation abroad that Trudeau didn't.” Eric Konigsberg NY Times Jan 2009

      What happened?

      Ignatieff's ratings have been on steeper decline than his party's since summer's end. He has yet to articulate a compelling narrative, not only for an election campaign but for his own leadership.
      Having forced voters to give him a reluctant second look, the Liberal leader is so far failing to reintroduce himself to them on winning terms. Chantal Herbert Toronto Star Sep 2009

    • You'd prefer your leader who discusses bodybags, NHL flights, returning to the Pearson Robust Peacekeeping Era instead are the leading issues of today?

      Is it any suprise his leadership scores are now in Dion territory and the party polling is only 3% above the lowest p.o.p in 100 years during the worst recession since the 1930's?

      I was under the impression he was a serious leader.

      “He was brought in to reinvigorate the liberal brand, to go for the big game right away,” said Nelson Wiseman, a political scientist at the University of Toronto. “I think a lot of the party thought, ‘We need someone who has the intellectual gravitas of Pierre Trudeau.' Like Trudeau, he came in as a fresh figure, but he also had a reputation abroad that Trudeau didn't.” Eric Konigsberg NY Times Jan 2009

      What happened?

      Ignatieff's ratings have been on steeper decline than his party's since summer's end. He has yet to articulate a compelling narrative, not only for an election campaign but for his own leadership. Having forced voters to give him a reluctant second look, the Liberal leader is so far failing to reintroduce himself to them on winning terms. Chantal Herbert Toronto Star Sep 2009

      Is it too late to have that leadership convention?

      • Typical
        As you cannot say anything in defense of your guy .. you try and change the subject.

  5. Steve lecturing our American cousins in their house? How rude.

    So he won't stand up for Canada's health care system against attacks from his right-wing bretheren but he will lecture an American audience on the need to have a plan to get out of deficit when he doesn't even have one himself. This guys a leader alright.

    • 1) When did we decide that we need to export our health Care system…I must have missed the press release

      and

      2) When did Americans get a vote on our Health Care System

      Each country decides its own system, since each country bears the costs and reaps the benefits of what they have chosen.

      The Americans are having a mudfight, I would stay away since it isnt our business how they decide their system, we have no dog in the fight, so to speak.

      • CAPS didn't mention anything about exporting our Health care system, or that Americans are voting on our system.

        He was identifying the failure of the Head of Government to point out the outright falsehoods that are being peddled all over the American media. One possibility is, he believes it himself?

        Think of people writing about your sister's sexual availability on public bathroom walls . . . wouldn't you try remove it?

        • Well I was being a smarta55. And the point being we arent't trying to talk the Americans into it so I don't particularly care what they think. I find it funny that those who claim independence from American culture and thought the most seem to care the most what American's think, especially about a homegrown program.

          While your example would warrant a response, but honestly, who cares whether some Americans think its the greatest system or the worst system, we neither benefit nor are penalized by their decision. I care more about what Canadians think about their health care system, good and bad. That debate alone is problematic enough, why would we waste time and effort fighting someone else's battle?

  6. Why is Harper still in the US? He should be home collecting all the body bags from across Canada and disposing of them!

    The Liberals have decided that body bags are too upsetting for people to have to see, it hurts their feelings!

    Harper needs to get home and deal with this huge scandal! Clinics must be stopped from ordering supplies!

  7. Is it just me, or is Harper's lecturing to the US business audience to follow Canada's fiscal example during his trip to plead with the President and Congress to exempt Canada from the 'Buy American' policy for their stimulus money just a little, um, arrogantly stupid?

  8. Harper's new Free Trade stance is to remove the remaining tarrifs on machinery imports to show good faith as a free trader. So we have a higher dollar advantage for importing goods – reduced corporate taxes – an global recession that has lowered machinery prices and an accelerated capital depreciation rate for machinery purchases. Any company that is putting off machinery in todays environment doesn't need that extra. Besides we have a deficit – taking money off the purchase of foreign goods is something we need.
    The remaining machine manufacturers in Canada are dealing not only with the Buy American issue but a higher dollar that increases the price of their product – This will be a death knell.
    If quality and delivery are the same for a machine purchase and a company can buy it cheaper off shore then they should. However with many short-sighted – share price focused decision makers the costs of poorly made equipment – foreign parts and 4 week delivery in case of breakdowns is not on their ledger.
    Mouldmakers in Windsor have moved to repairing poorly made foreign moulds – or replacing them. At a premium also because of time committments.
    Can't see the sense in this governments thinking.

Sign in to comment.