The Liberals' inaugural budget contains a $29.4-billion deficit for 2016 which is 10.2% of government spending. Proponents of spending argue that it is a great time for the government is going to borrow money, since interest rates are at 50 year lows. Opponents argue that the spending could get out of control and the debt could easily reach $100 billion a year by 2020.
Narrow down which types of responses you would like to see.
Show more types:
Narrow down the conversation to these participants:
Discussions from these authors are shown:
This question is too complicated for a simple yes/no answer.
Yes, but focus on cutting from superfluous initiatives and protect essential services (i.e. healthcare).
should be cuts based on priority, cuts should be made for building "art sculptures" etc.. but used wrong could negatively effect the economy
No, maybe increase taxes for companies; the bigger they are the more they’re taxed.
We will focus more on removing tax evasion as a problem and the spending on the military.
Get rid of costly real estate for GoC office space and focus on smaller hoteling workspaces.
No. Other alternatives, such as a diversified economy, should be considered.
I believe we should cut down certain areas which don't seem too important to the nation in the next three years to pay off the national debt.
Yes but not a lot and then stop after it is ok.
Yes but they should be careful of what they cut.
No. Reduce military spending and increase taxes on large MNCs
No, increase taxes on the wealthy and on multinational corporations, and cut military spending instead
No, Focus on tax evasion, in crease taxes on the wealthy and multinational corporations instead
Yes, but taxation needs to be more equal the middle class cannot take on any more tax. Also cuts need to be made strategically military spending needs to go up but money spent on bail outs and aid to large companies needs to be reallocated.
Depends on what you cut to the budget
still do some public services but not as many until the debt is payed off.
no, because who do we owe money to?
Focus on increasing taxes for large corporations, the rich, government officials and ending tax evasion.
only cut on areas that are considered overspent
The government should stimulate/grow the economy through infrastructure investments and investments in Canadians and rescue debt after these investments
Canada is currently in debt but we are a strong country and are not as in debt as America, I don't see I need to make cuts as of right now but could be the right thing to do sometime in the future.
Slightly, but only for the time being
I would say be cautious. Often times, those who want austerity measures to be in place don't think things through, and can cause a lot of unintended damage to the greater federal budget, leaving a massive mess for future generations, but also erodes faith in our democratic system. Overall, I would say be pragmatic and methodical, and have wise investments with lots of consultation rather than just blanket cutting of programs or adding of programs.
yes, redirect funds from subsidized daycare to healthcare. Then spend less on foreign aid and supports for able bodies people.
Depends what they're cutting. If it's something like social services, then I would disagree as I find it would only help our economy. I would think that maybe reducing a public spending topic like Art could provide some use.
Where unnecessary spending is located should be cut but essential areas of government like the military or health care should be increased.
No, it shouldn't just be cut and spend, but also modernize and review, as well as cost benefit analysis.
@8S2LJ244yrs4Y
No, increase taxes on the wealthy and multinational companies, end tax evasion, and decrease our military budget
@8S2LJ244yrs4Y
Yes, increase taxes on the wealthy and multinational companies, end tax evasion, and decrease our military budget
@5643HNN4yrs4Y
Yes, but we need to increase taxes on the wealthy, as well
@8S2LJ244yrs4Y
Yes, and increase taxes on the wealthy and multinational companies
@OnlyEyeNo5yrs5Y
No, increase taxes on the wealthy, close tax loopholes & cut military spending.
@8SFDLS64yrs4Y
No, focus on ending tax evasion and increasing taxes on the wealthy.
@8STJ2TC4yrs4Y
No, cut down on unneeded government spending and end tax evasion.
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.
