The government can’t even get their lies organized.
The federal budget deficit in the 2017-2018 fiscal year was $19 billion, nearly $3 billion higher than what the Finance Department fiscal monitor had predicted in May.
And a line in recent CP report on the budget deficit is quite interesting:
“Morneau has cited a weaker-than-expected economy for the bigger shortfalls as well as a need to make investments to lift Canada’s long-term growth.”
So, the Trudeau Liberals are on the one hand trying to brag about the economy, but the finance department is using ‘economic weakness’ as an excuse for running endless budget deficits.
Which is it?
The reality is that it’s neither.
The economy is certainly weak, but the reason for budget deficits is because of reckless spending by the Trudeau government.
They’ve had three years in power, and they’ve totally broken their balanced budget pledge, they’ve raised taxes on all Canadians – which is only going to get worse with the hated carbon tax – and they’ve failed to help create a strong economy.
Of course, it’s no surprise to see these failures from a group of people who thought the budget would “balance itself.”
Photo – YouTube