Thursday, February 28, 2008

Liberal Deficit


Some viewer of CTV Calgary news emailed in saying Liberals have kept "us in the red", implying that Liberal parties tend to run deficits. Historically, this isn't always the case. While Liberal parties tend to fund social programs, they also tend to keep taxes high to pay for them. I've overlaid federal budget surpluses with Liberal governments. In the recent history, the Liberals have run large surpluses. In Alberta, the Liberals haven't been in power for 37 years. So what the heck was that viewer talking about? I would imagine it was just electioneering because Albertans vote on Monday for a new provincial government. Only Castro has ruled for more years that the Conservatives in Alberta.

No comments: