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Location: Vancouver, B.C., Canada

I'm a PhD student in econ at UBC. For fun, I write this blog.

Thursday, January 12, 2006

They had me at page 11.

The new Liberal Party platform is out, and it's good. I have more to say on it later, but right now, just savour uthis:

For Liberals, the debt burden is not only an economic issue. We believe government has a moral responsibility not to pass the debt incurred by one generation onto the backs of the next, particularly since in the years ahead a relatively smaller workforce will have to support much larger numbers of Canadians in retirement. That is why a Liberal government will maintain unwavering commitment to continued debt reduction.


Oh swoon. And all this is perfectly comptable with vowing to protect the public health care system, make things easier for immigrants, deal with the shameful legacy of the Aboriginal residential schools, protect Canadian interests in a free trade environment, stand up for the national identity and all the other stuff my party does.

Just to remind everybody, here's a little historical sketch of the federal government's debt performance before and during the current Liberal Party's term. The Tories in power coincide with the slopey part of the graph. And those were Eisenhower-type Tories. Now we've got Bush-type Tories. Seen the US fiscal picture recently?

1 Comments:

Blogger Declan said...

Maybe it's my business background speaking, but they lost me around page 33.

Desipte making a good faith effort, I found it almost impossible to pick out actual policy proposals from the (way) overlong 85 page platform.

Paragraphs such as the one you quoted mean little to me (and are echoed in the Conservative platform), especially compared to an actual estimate of the costs of their proposals (such as the one provided by the NDP).

Still, I agree with your concerns about a Conservative government going into deficit.

4:32 PM  

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