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Actually the US had a surplus during the time period (1995-98) mentioned in that article. Then the US elected a party determined to shrink government small enou
by ojbyrne 14y ago
Actually the US had a surplus during the time period (1995-98) mentioned in that article. Then the US elected a party determined to shrink government small enough to drown it in a bathtub. Canada is behind on that, but catching up fast.
- bryanlarsen 14y agoThere are two major differences between the fiscal policies of the Republican & Conservative parties: 1. Harper wants to cut both spending & taxes, and at the moment is concentrating on cutting the spending. That's probably so he can deliver his tax cuts just before the next election. OTOH Bush cut taxes and increased spending. 2. Harper cut defense spending in his last budget. Not that I'd ever vote for him, but at least he's behaving more rationally fiscally conservative than his American counterparts.