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Old Posted Nov 20, 2019, 6:19 PM
Danny D Oh Danny D Oh is offline
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Quote:
Originally Posted by optimusREIM View Post
Also, we need to acknowledge that as much economic output is created by government spending, the spending can't go on ad infinitum. Eventually we'll face a day of reckoning. Best to actually try and stay in the black as much as possible to avoid negative consequences for future generations. I understand that from time to time we need government stimulus in harder economic times, but we also are the authors of our own misery as regards cuts to services. There's got to be a balance. After all, we don't want to be the Greece of Canada...
We need to maintain core infrastructure/services. To me that's not stimulus, that's foundational to an economy and government. Seems like the places without a central government are not doing so hot economically.
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