This year is very significant. Besides the Titannic disaster something truly monumental happened, the Conservative Government of Canada, headed by Sir Robert Borden posted a surplus.
Now posting a surplus is nothing new, if you are a Liberal but for a conservative its quite the task. How much of a task you ask? Well 1912 was the last time a Conservative Government posted a surplus. You can argue that Harper has also but he inherited the great financial situation we Liberals put this country in and rumour has it that the current Conservative one may have a deficit on the way, which is why we saw Mr. Prentice out and about yesterday debating facts. When one has to debate facts in order to make their budget next week look somewhat okay its not the sign of a good budget.
It is also interesting to note that Flim Flam Flaherty wasn't the one discussing deficits and surpluses. Great idea as he wouldn't know what a surplus was even if it flew up his ass judging by his time as Finance Minister in Ontario. Also smart not to have Flaherty criticize Rae's budgets because Flaherty was way way worse and actually was a finance Minister. Recommend this Post
Tuesday, February 19, 2008
1912
Posted by Jay at 3:05 p.m.
Labels: 1912, Budget surplusses, CPC, Deficits, ineffectual Conservative Governments, liberals, Tory Hard Times
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