After Flaherty finishes his feast, would there be any money left for anything? In his first Financial Update (a.k.a F.U.) after the election there was going to be no deficit. Now in his second F.U., in Saskatoon in front of the Premiers, he said there WILL BE a major deficit, in the billions. Still, no economic stimulus package. What happened between his first and second F.U.? – he has been probably putting money where his mouth is and ate most of it. The advice he is giving to the Premiers he should be following himself and show some fiscal responsibility and honesty in public pronoucements.
During the election these characters, including Harper, said that the fundamentals of the economy were strong. After the election suddenly there were problems and they tried to cripple the oppositon by cutting public funding but said there will be no deficit. Now there will be a major deficit. Maybe Flaherty and Haper are into depression already – plenty of Prozac needed for them.
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