Monday, October 14, 2019

FISCAL FOLLIES OF JUSTIN TRUDEAU

While the fiscal plans of all the political parties heading into the Oct. 21 election should be taken with a huge grain of salt, criticism by Prime Minister Justin Trudeau of the financial platforms of his opponents has zero credibility.

That means that in his March budget, the last before the Oct. 21 election, Trudeau predicted his accumulated deficits would be $56.4 billion over the next four years.

Now, six months later, he’s predicting his accumulated deficits will be $93.9 billion over the next four years, or $37.5 billion higher ($93.9 billion – $56.4 billion) than he predicted in March.

That means he’s already 66% over his March budget predictions.

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