For American freepers, a $3.7B CDN surplus translates into about $3.7B US. A comparable US figure, since the US is 10 times the size of Canada in just about every way, is a $37B surplus. I know Obama pisses away that much before breakfast, but it adds up.
All this was achieved without printing a whole lot of money. A freeze on government spending works wonders over a few years.
To: Former Proud Canadian
A freeze on government spending works wonders over a few years. and we can't even get all republicans to concur on sequestration.
2 posted on
11/12/2013 2:52:13 PM PST by
TurboZamboni
(Marx smelled bad & lived with his parents most his life.)
To: Former Proud Canadian
"A freeze on government spending works wonders over a few years." Democrats in this country would never allow that to happen! They threw a huge hissy fit of the very VERY limited cuts that have been attempted over the last few years. Just look at how big of a fit they threw this last week over some minor and insignificant cuts made to food stamps. Yep, will never happen here.
To: Former Proud Canadian
Much of this is due to candian resolve to encourage energy development rather than thwart it.
Fossil fuel production is fueling their economic boom.
America could easily replicate and improve on this record with the right political players.
4 posted on
11/12/2013 2:58:37 PM PST by
lonestar67
(I remember when unemployment was 4.7 percent)
To: Former Proud Canadian
...projected surplus of $3.7 billion in 2015-16...Paper projections. I want some of what he's smokin' or drinkin'!
To: Squawk 8888
8 posted on
11/12/2013 5:05:21 PM PST by
Dartman
(CDN PM Stephen Harper may not be perfect, but we don't have to be ashamed or embarassed of him.)
To: Former Proud Canadian
Just remember Canada was an economic basket case twenty years ago, with the Loony trading at US$ 0.75 Remarkable what sober government can accomplish.
9 posted on
11/12/2013 5:47:43 PM PST by
Lonesome in Massachussets
(Doing the same thing and expecting different results is called software engineering.)
To: Former Proud Canadian; Clive; exg; Alberta's Child; albertabound; AntiKev; backhoe; ...
To all- please ping me to Canadian topics.
Canada Ping!
10 posted on
11/12/2013 8:00:34 PM PST by
Squawk 8888
(I'd give up chocolate but I'm no quitter)
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