National Post- Federal deficit projected to soar to $92B this year
The Carney government is poised to post a massive deficit of more than $92 billion during this fiscal year, a new report from a well-respected financial think tank projects, almost double what was forecast just a few months ago by a non-partisan arm of the government.
Marx Carnage, PhD #Libranos
Vindication for the self-balancing budget.
Higher and higher taxes … fewer and fewer services. The new abnormal.
Way under. 110 minimum
You ain’t seen nothing yet.
Trump’s not taking the summer off.
All Carney can do is react.
And announce more spending.
Can $92 Billion? – peanuts. If you want to see how to really screw a country you need look no further than here in good ole Blighty:
£157 Billion deficit in the last financial year (Can $ 291Billion),
Total national debt £2.8 Trillion (Can $5.2 Trillion)
Interest payments on the national debt £105 Billion (Can $195 Billion).
All going to the (Cloward-Piven) plan.