On 18/07/2010 9:08 PM, bpuharic wrote:
On Sun, 18 Jul 2010 19:17:48 -0600,
wrote:


That is what they did in Canada and UK when the fat lady sung the whole
song.

guess he's unaware that the canadian economy is in better shape than
the US, and the UK has just announced major spending cuts.

ooh well...the right never was very smart

It is only temporary. They say that but in reality Canada is always a
little behind. What really helps us is that we are resources/food
based. Want beer and wheat, or oil and NG to warm the butts in
winter... Even export hydro eletrcity. We do not have much
discretionary manufacturing like boats.

For example, China is growing, they buy a lot of coal from Tech Cominco.
Keeps the rails, banks, incomes, cities and tax base running even
though US buyers are fewer.

At some point Canada usually does lapse and follow the US, but in part,
our government has been more conservative only overspending $60 billion
or so depending on who you believe. Small by US comparison even if you
factor in population.

Example, Federally Canada has $240 billion or so revenue. But is
overspending say $60 billion. Or about 25%.

US democrats are overspending closer to 85% by the same measurements.
Yep, Obama could double your income tax and he probably still could nt
make a balanced budget. Spend crazy madnes in DC.

--

Government has liberals, idealists and lawyers, but where is the common
sense?