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The Liberal Party of Canada has announced that they will reintroduce their childcare centre/bureaucracy plan that failed to win them the election in 2006.
I find it stunning that at the same time as claiming that the Conservative Party has lost credibility on fiscal matters (which they have), the Liberal Party of Canada keep throwing its own credibility out the window.
Seriously, has no one in the Liberal Party looked up the word deficit in the dictionary? It means that you have negative money.
Having negative money means that you have to borrow to pay for what the government already does. As the C.D. Howe points out, borrowing year after year is not a good long term plan. So if we are facing a fiscal crisis with current spending levels, why in the name of sanity would you propose more spending?
The Liberal Party likes to claim a history of deficit fighting, and yes the Liberal Party was the party that brought the country out of deficit in the 1990s. But they did it by making cuts. “Cuts” is another word that today’s Liberal Party needs to look up in the dictionary.
Why isn’t today’s Liberal Party talking about how to bring us out of the coming fiscal crisis? Why are they instead busily dreaming up ways of making that crisis worse?
Today’s Liberal Party is stuck in this constant cycle of looking for that one big idea (or leader) that would put them back into its rightful place as the natural governing party. Yet the only ideas that anyone in the party can come up with involve billions of dollars that just don’t exist in the government coffers.
As a result the Liberal Party no longer looks like the Liberal Party of only a few years ago. The Liberal Party of a few years ago was a party that you could realistically expect to govern responsibly (if not necessarily govern well). Today the Liberal Party looks like an opposition party that can come up with hopelessly unrealistic spending proposals because no one really expects them to ever actually have power.
In short, the Liberal Party has turned into the NDP.
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3 comments:
The Liberal party is still the corrupt party of 5 years ago.No apology yet,no mention of paying back what the took from the Canadian tax payer.The same players are still hanging around.Personally i will never be satisfied until there are several enquiries set up to investigate the Chretien -Martin and maybe Trudeau years as well.In particular the Chretien years should have a forensic audit of several departments that Gomery did not have access to.
You just figured this out now?
Go back to Petro Fina and Petrocanada...
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