I almost put this in the Pit but I can’t really work my frustration into outrage. Per the venerable CBC, the Bloc, NDP and Liberals have decided to form a coalition government and topple the Conservatives when the next confidence motion comes up. Their reasoning for this move is that the Conservatives aren’t doing enough to save our economy. The main goal of this coalition is to get a stimulus package happening. They also promise to improve child benefits and childcare “as finances permit” (which I read as a bald-faced lie- finances will not permit. Sorry kids!). Apparently we also need to be a part of a North American cap-and-trade market for carbon emission.
In case it isn’t apparent, I’m not happy about this whole thing. I think the Conservatives are doing just fine as a government and I’m happy they’ve managed to keep us out of deficit and pay down the debt. They’ve also cut taxes and red tape. I have a feeling this new coalition is going to undo all of that, spending Canada right back into record deficit and debt while crippling industry with their carbon scheme, which is a tax wrapped in red tape. I expect personal income taxes will be raised to higher levels than they were before the Conservatives came into power and I expect the GST will go back up to at least 7% as well. After all, economic stimulus isn’t going to just magically pay for itself and the government’s cupboard is pretty bare as is.
Issues for debate:
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Is our economy bad enough to warrant drastic measures such as a stimulus package?
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How long can a Liberal-Bloc-NDP alliance last?
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If this new government forms, it is obviously going to spend like a drunken sailor on things of dubious value. Will this help or hurt the economy?
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What could or should the Conservatives be doing for the economy?