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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Alastair McIntosh who wrote (6735)	1/11/2012 9:11:55 AM
From: Bearcatbob	Respond to of 85487

That was a good point. Perhaps I should have asked if American liberals could govern without bankrupting the country. Bob

To: Alastair McIntosh who wrote (6735)	1/11/2012 9:16:43 AM
From: Paul Smith	Respond to of 85487

<<Paul Martin, the Liberal finance minister, made huge budget cuts, scaling down government to 1951 levels. In 1998, Martin introduced a balanced budget, an event that had only occurred twice in 36 years before 1997. In 2002, Moody's and Standard and Poor's restored Canada's domestic and foreign currency debt ratings to AAA. During his tenure as finance minister Martin was responsible for lowering Canada's debt-to-GDP ratio from a peak of seventy per cent to about fifty per cent in the mid-1990s. He also overhauled the Canada Pension Plan thereby averting a pension crisis if left unaddressed.>> ----------------------------- Sounds good. I wish Obama would govern like that. It is because he is NOT, that he needs to be replaced.