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Glenn, just remember that it's the first deficit in 10 years or so, and that the deficit spending is supposed to be on infrastructure. At least ours is open.

And the current Canadian deficit, despite the number is the smallest in developed nations on a GDP to debt ratio. (Something like .5 to over 10 percent for UK, US, Japan etc..Just imagine what the so called coalition would have rung up in a deficit! They would be way more liberal...pun intended.




My first comment is that in spite of the deficit (aimed at bailing out private companies), these companies won't likely survive anyway. Most of us can only keep buying new cars if we get deep into debt - but this is the basic problem with the world's economies right now - we're in debt.

My second comment is that we just got out of debt a few years ago and this collective group of idiots think gov't can solve private enterprise's problems - gov't can't even solve its own problems. And it doesn't seem to matter which group of idiots is in power.

My third comment is that the gov't has no business becoming a shareholder in private enterprise. Unless you come from Saskatchewan where I come from, and the Crown corporations actually turn a profit, so are actually good investments. But the federal gov't being a wise investor - yes, when hell freezes over.