Comment 81325

By Shempatolla (registered) - website | Posted September 29, 2012 at 20:31:41 in reply to Comment 81250

Paul Martin, largely lauded by the left as the saviour of the Canadian economy when he was federal finance minister, brought fiscal sanity back to this country by SLASHING federal spending, including massive cuts to transfer payments, eliminating the deficit, and paying down Canada's debt. These acts are largely contributing factors in why our financial house is in relative order compared to the drunken sailor spending that has occurred in Europe for the last 30 years. So it would seem that austerity programs do in fact work when done properly. The problems in Greece are NOT in fact from austerity plans. The problems have occurred because there weren't any in effect for far too long.

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