Deficits. Again.

Flaherty insists that the federal government will stay in the black, and yet, there continue to be whispers of a return to deficits. After the tough choices made by the Liberals in the 1990s, it would be a shame for the Conservatives to wipe all of that out.

Besides, they cut taxes, isn’t that supposed to raise revenues according to the Wall Street Journal’s economic theology?

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