Here are Debt/GDP ratios for three scenarios:
1--PBO baseline.
2--LPC platform (costed by themselves)
3--CPC platform (costed by LPC)
I'll happily update with CPC platform numbers if CPC releases them. But until then it doesn't seem fair that they escape scrutiny. So, I'll go with what I have.
1--PBO baseline.
2--LPC platform (costed by themselves)
3--CPC platform (costed by LPC)
I'll happily update with CPC platform numbers if CPC releases them. But until then it doesn't seem fair that they escape scrutiny. So, I'll go with what I have.
Comments
https://docs.google.com/spreadsheets/d/1IJKA-vlZOPFNkom9LUhE7eExBi8vxG9EJZBzPZm47e0/edit?usp=sharing
https://liberal.ca/pierre-poilievre-hiding-more-than-140-billion-in-divisive-cuts/?utm_medium=email&utm_source=liberal
Why is CPC projected debt/GDP so high?
-> promised to uphold big social programs
-> promised $140B or so of new spending and tax cuts
-> Haven't mentioned any new revenue sources.
I await with interest to see their own numbers.
In normal times, I'd like to see the debt/GDP drift down to create more fiscal room to manage shocks and challenges.
But is this 'normal times'?
On the other had, if you think the Trump presidencey *has* changed things, there's a case that we need to invest in a new path.