Thursday, 27 September 2007

Harper takes election-style swing at Liberals in defending $13.8B surplus

When in opposition, Mr Harper went after the Liberals for producing bigger than expected surpluses. Now he is in government he is doing exactly the same thing. With the same result. In Canada, when there is an unbudgetted surplus it goes to pay down the debt.
The government said that has allowed it to lower the debt - which stood at $467 billion at the end of the fiscal year - by $14.2 billion.
Which means, I take it, that this situation could continue for the next 33 years!

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