SNOBELEN: Liberal spending won’t solve country’s debt problem

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The worst lies are the lies you tell yourself. That is particularly true of convenient lies that conceal an ugly truth.

Of course, not all deficits are alike. Sometimes deficit spending is unavoidable . Even fiscally prudent governments run deficits when best efforts can’t bend spending and revenue into line in a single budget.

Keeping a lid on the size and cost of government and working hard to deliver services while providing real value for taxpayers is tough; often thankless work. Tax dollars are the grease that takes the squeaking out of governing.Article contentSo, no, budgets don’t balance themselves..The next bit of fiscal self-justification from the Trudeau camp was the notion it was irresponsible not to borrow scads of money because it was so darn cheap.

Now, fully convinced that balancing spending and income is somehow austerity, the Trudeau government is convinced that debt is good and more spending is a virtue. This is the twisted logic of a government that has abandoned any moral compass.

 

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