Hes alive.................LOL HM.howiemeeker said:Sir Frederick Banting.
Not as flashy as Dr. Bethune but contribution to the world, let alone Canada, was and remains tremendous.
Like Mulroney didn't add to the debt! He had a greater opportunity to erase the debt but failed miserably. And your figure is waay off. When Trudeau lleft office there was a debt in the Cnadian finances but it was nowhere near your said figure. In fact when Mulroney left office Canada was more in debt than when Trudeau left office!!!!!!!!thighspy said:Yes-Yes,we will remember Trudeau ,the great Canadien,who introduced us to a 1,5 trillion $debt,no doubt,we will remember that fellow.
Given that they both ran deficits since 1973, there would have to have been more debt when he left office (deficits add to debt). I agree that Mulroney should have done MUCH more than he did to reduce the deficits. Nonetheless, at least the size of the deficits as a percent of GDP did start to go down under him, despite having to finance service charges on the debt incurred under PET. In the Case of PET, he inherited surpluses but after 1973 ran nothing but increasing deficits.n_v said:In fact when Mulroney left office Canada was more in debt than when Trudeau left office!!!!!!!!
I agree that you have a point here but you should remember that Chretien did not have a Liberal opposition to worry about, or indeed any effective opposition. As it was Mulroney burnt a lot of his political capital on other much needed economic reforms. Thus, I have some sympathy for his being a coward when it came to deficit reduction. In hindsight, given that the PCs where reduced to two seats anyway, it would not have been much worse if he had attacked the deficit, but hindsight is always 20/20.n_v said:someone and happywanderer - My point was that there was an opportunity with the booming 80's for Mulroney to take action and he didn't. He inherited $30 billion deficits, trimmed then to the low 20's and then as his tenure ended it mushroomed back up to the high 30's (billion $) again. For a span of some 20 years there has been great inaction to tackle the deficit from either Liberals or Conservatives. Chretien, say what you will about him, and Martin, erased the deficit in about 5 yrs from about $35 billion to surpluses of about $10 billion. That's about about a $45 billion swing and with compounded interest to deal with.
Of course he didn't because the Liberals were (and still are) the government.someone said:I agree that you have a point here but you should remember that Chretien did not have a Liberal opposition to worry about......
With a leader who is trying to get reelected by running against the liberal recordn_v said:Of course he didn't because the Liberals were (and still are) the government.