One word that would quite succinctly describe the Harper Reform-a-Torys' brutally juvenile and ideologically bent rape of the Canadian economy.
Now, the Reformatory attack dogs will be slack-jaw-"edly" placing their childish comments to this blog... straight outta that big CCHQ (Constant Campaign HQ) in Ottawa. We, quite frankly, don't care. A blunt assessment of Canada's current economic "unstable ground" is warranted, and much, much needed.
Ralph Goodale - of the multi-billion dollar contingency fund/rainy day fund Liberal budgets - has a very good assessment on this situation. He speaks as an expert who has navigated the troubled waters of recessions, and knows how to operated when it's smooth sailing. This is in stark contrast to the "best" Conservative option: a former neoCon provincial FinMin who devastated the last economy he tried to manage in Ontario.
Here's Ralph's assessment of the current devastation in Ottawa's Finances:
MR. HARPER’S VICTIMS BEGIN ACCUMMULATING
Two years ago, I predicted harsh consequences would flow from Stephen Harper’s ideological style of government. Sadly, the bad news is coming true.
The Conservatives turned a $13 billion annual surplus into a $56 billion deficit. They inherited (from Liberals) $100 billion of financial flexibility over five years. But they used that all up in less than three years.
Federal debt has surpassed $500 billion. And Canadians are faced with the prospect of five more years of red ink, sinking another $170 billion in the hole.
Here’s another telling point. Who’s the ONLY Leader to increase the tax burden on Canadians since 1997? Answer: Stephen Harper!
First he hiked your personal income taxes. Then he dinged the Income Trusts in your retirement plan with a brutal 31.5% Conservative tax. Next, he has announced a job-killing $13 billion payroll tax on every employer and employee in Canada.
This is Mr. Harper’s legacy – deficits, debt and higher taxes. All totally predictable! And remember, all this trouble began BEFORE there was any recession to blame!
But there are other shoes to fall.
Mr. Harper is about to slash federal programs and services, claiming they’re no longer “affordable” because of the deficit the Conservatives themselves created.
Who will be their victims? When they first came to office, they slashed support for volunteerism, women’s programs, child care, literacy services, students, low-income legal services, etc.
Since then, they’ve also chopped cost-of-production guarantees for farmers, money for rural roads, and the PFRA.
Most recently, the Harper Conservatives cut 90% of the funding for democratic observers to monitor the January presidential elections in Ukraine. And they’ve killed the entire budget for KAIROS, an organization of the Catholic, United, Anglican, Presbyterian, Lutheran, Mennonite and Quaker churches, working on human rights.
These are bad choices for Canada.