Facing the Cuts

While not exactly an “apples to apples” comparison, it might be fair to speculate that the impending situation in Britain is a precursor of what we might expect to experience across the country in the coming months and years as the Harper government grapples with the enormous debt hole it’s created out of necessity to stave off the most immediate effects of the economic recession.

Of course, it’s no secret that government spending under the Harper regime had been escalating significantly even before the economic shit finally hit the fan in 2009. Expenditures were up, the civil service was expanding, corporate taxes were rolled back, lavish new schemes to benefit friendly political interests were instituted and before you knew it, the so-called “Conservatives” had rapidly burned their way through the modest reserve of several billion dollars stockpiled by the previous Liberal government (much of that done ruthlessly on the backs of their provincial counterparts, it has to be said).

So now what? The “steady as she goes” budget that will be delivered in the next few days promises little, but the “re-calibration” that was justification for proroguing parliament may do more than hint at how Harper and his team plan to eventually reconcile the books.



Filed under Economy, STEPHEN HARPER Govrnment of Canada, STEVEN HARPER Government of Canada

9 responses to “Facing the Cuts

  1. Bob

    Back off on the meds Martin or you’ll start seeing ghosts again.

  2. bob

    Hey asshole why don’t you post that picture again of pistols pointed at the PM, you mentally unstable POS.

  3. benalbanach

    Flaherty will just keep on smiling and Harper will just keep on trying to learn how to smile.
    I’m beginning to miss Paul Martin.

  4. jkg

    Yet, from the dusty past of the Laffer curve and supply side economics, we are expected to “grow” our way out of the recession. I am sure the government is going to trumpet the 5 percent monthly GDP growth that has just happened. By the way, Red, there are other things being cut .

  5. How typical. It’s actions such as this that make me eager to kick this bunch of miserable fucks to the curb.

  6. benalbanach — There are times when I miss PM:

    At least he wasn’t an entirely awkward humanoid.

  7. jkg

    I know; it makes all the baying about immigrants ‘not integrating’ to our values ring hollow, or should I say, not integrating to the values of a particular political persuasion.

    Anyway, without actually changing anything in the budget much less fiscal policy, the CPC has focused on the tired and true populist anger about pensions, specifically in the public service. This will most likely create the conditions conducive for making the popular spending cuts, which will distract from the serious cuts the CPC are going to try to make. Given the shenanigans at Rights and Democracy during the Olympics, the Houdini-like misdirection will be in full force, especially using the Olympics and this new surge (albeit probably temporary) of patriotism. Nevermind, the fact that the Olympic funding is going to be clawed back. Germany has had no problem funding fantastic athletes, and as a matter of policy, they are generally touchy about overt nationalism (flags are rarely flown in places other than government buildings).

  8. benalbanach

    Act 2 Scene 1: Is This A Dagger Which I See Before Me (Spoken by Flaherty)

    Is this a dagger which I see before me,
    The handle toward my hand? Come, let me clutch thee.
    I have thee not, and yet I see thee still.
    Art thou not, fatal vision, sensible
    To feeling as to sight? or art thou but
    A dagger of the mind, a false creation,
    Proceeding from the heat-oppressed brain?

  9. Excellent. I’ll try to imagine that tomorrow when Sunny Jim is delivering his budget.

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