Only crass political opportunism would lead party leaders to demand an expensive economic stimulus package at this time. In the recent past, the Prime Minister’s party has cut business taxes; accelerated construction of roads bridges and other infrastructure projects; injected billions of dollars of liquidity into Canada’s credit markets; and proposed federal government expense control measures to try to balance the federal budget for 2008/9 and beyond.
These measures come hard on the heels of other measures to stimulate consumer spending, such as the cut to the GST, and they preface promises by the Prime Minister to do more if it becomes necessary.
Does any sane Canadian who isn’t blinded by Liberal/NDP ideology, propaganda or hyperbole really believe a Tory government will not do everything it can to help the Canadian economy? I don’t think so.
The shaky state of the Big Three American-owned automobile companies makes any attempt to bail out their Canadian subsidiaries futile. If the Big Three fail in the United States, they will fail in Canada, despite any unilateral action that our federal government might take. Once the details of the anticipated U.S. bailout of the American parent companies is known, our government can take appropriate action.
Canada’s economy is about one tenth that of the United States, and our prosperity is far more dependent on what happens in that country than it is on any stimulus package our federal government would be able to assemble.
Furthermore, President-elect Barack Obama is reported to be crafting a stimulus package amounting to hundreds of billions of dollars. With this in mind, should our government be unilaterally shoveling dollars out the door without the benefit of knowing details of that package, which probably won’t be known until Obama takes office in late January? Of course not, that would be irresponsible. And for the opposition to claim otherwise is a measure of their intellectual dishonesty—and, I suspect, ineptness.
Canada’s economy and financial infrastructure have been, for the most part, prudently managed by Tory and Liberal governments for the past 25 years, and that good work is now paying off for all Canadians. In this regard, we are the envy of the western world.
But because the Conservatives want to end some of the federal handouts to political parties, the grasping Liberals and NDP will trump up a case for an immediate multi-billion-dollar stimulus package and use it as an excuse to defeat the newly elected government.
If the opposition gets their way:
- Canada would have a prime minister whose party voters rejected only a few weeks ago and who himself was rejected as leader by that party;
- the NDP, which in 80 years of trying has never come close to having enough seats to form even a minority government will hold vital positions in cabinet; and
- the party founded to engineer the break up of Canada will hold the balance of power.
What a wonderful prospect.
And all why? Because, after helping to fund our own party, Tories are tired of being forced to help fund the opposition as well, including one party that wants to break up our country. We Tories are helping to fund Stéphane Dion so he can sit in a nationally televised leaders debate and repeatedly call our leader a liar.
Unbelievable! Doesn’t this sound like something out of Alice in Wonderland?
But this is what happens when pompous, grasping little men are chosen to lead political parties that are incapable of convincing their followers that their ideas and proposed policies are worth their financial support. There’s not a real statesman among them. God help Canada.