Dear Editor,
A few years ago Canada's government debt stood at about 500 billion. Now it is at about 600 billion. This makes the recent grandly announced 2 billion surplus (which temporarily reduces that debt to just 598 billion) appear to be somewhat paltry. As well, this 2 billion surplus only took us up to March 31st of this year. Has there been any good news since then? Budgetary surpluses in good times are due to an expanding economy (because they result in increased revenues). Budgetary surpluses in bad times are achieved on the backs of the poor and disadvantaged. (People might want to help but they can't afford it because they are suffering too, Right?) The real problem is that the poor and disadvantaged think it is their fault, which it ain't.
Bill Moses
