On debt do us part - Macleans.ca

On debt do us part

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Bruce Anderson considers how the deficit debate in the United States will impact the discussion here.

Against this backdrop, Finance Minister Jim Flaherty’s job in the run-up to the next budget will be infinitely easier than a $50-billion deficit would suggest. If he makes radical cuts, they will look less radical than those implemented elsewhere. If he doesn’t, and takes a few more years to get our fiscal balance back, voters might conclude that the downside is mild compared to that faced by our global competitors.