Canadian Centre for Policy Alternatives - Debt repayment arguments don’t add up—report
Posted by Graham on September 28th, 2007
–This is a study that was done 2 years ago by the Canadian Centre for Policy Alternatives. It explains why it is a bad idea to pay off the debt with budget surpluses… especially ones as large as the current 14 Billion surplus. I cannot stress enough the need for people to read these analyses given the current propaganda around paying the debt off occurring in the national media. A 14 billion dollar surplus is either a result of blithering idiots in the Conservative’s economic policy wing or a planned grab of public money for redistribution to the rich. The majority of the benefit of paying off the debt from tax surpluses goes to the rich.
September 28th, 2007 at 11:06 am
Horseshit you commie. The surplus pays off the national debt, its simple you leftard. Where do you want the money to go leftard? You and Guatamala?
September 28th, 2007 at 3:58 pm
I cannot quite grasp your reasoning for posting here. You have no desire to rationally discuss anything, certainly not anything you disagree with. You post no facts, and no alternatives. You are not making anyone angry over here, in case you were wondering.
Grow up.