Posted on 04/23/2011 1:18:05 PM PDT by SeekAndFind
Edited on 04/23/2011 2:37:53 PM PDT by Jim Robinson. [history]
Congressman Paul Ryan, one of the least insane men in Washington, has a ten-year plan.
President Obama, one of the most insane spenders in Washington, has a twelve-year plan.
After hearing the president
(Excerpt) Read more at nationalreview.com ...
The deficit, this fiscal year, will come in at around $40 billion Canadian. That would be $400 billion, proportionally vis a vis the US.
Next year's deficit is projected to be only $21.7 billion Canadian, proportionally $217 billion.
A conservative government would mean a balanced budget in two or three years.
With a stable but growing economy, a robust banking system, hopefully a majority conservative government elected on Monday, and bountiful resources the Bank of Canada might have a hard time keeping the Canadian dollar below $1.10 US in the near term.
If there is a true "fiscal crisis" in the US, I don't know what would happen, but I would rather be living north of the border.
Thank you for the information.
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