Today in Brampton Harper stated: "Like virtually every other country, we will be running a deficit over the next couple of years," he said. "The difference is that our deficits will be temporary, because our stimulus spending is time-limited."
This doesn’t jive with the earlier statements by Jim Flaherty who claimed that the Conservatives had already provided stimulus to the economy in earlier budgets. By that he was referring to the 2% GST cut and the cuts to corporate taxes. These measures alone are costing the government over $12 billion a year in foregone tax revenue......and neither of these stimulus measures are “time limited” in any way, shape or form.
Once again, Harper is advancing patent falsehoods, much as he did with his falsehood known as “tax leakage”.
Rather than touting his measures as being superior to those of "every other country", again Harper is mis-portraying the truth, since Britain lowered its GST equivalent tax, known as the VAT, from 17.5% to 15%, for a "time limited" period of two years and not in perpetuity as Harper did, thereby creating a $10 billion a year structural deficit in Canada?
Why does Harper feel so free to abandon the truth when speaking with Canadians?
Tuesday, March 10, 2009
Posted by Fillibluster at 2:47 PM