Imagine you are unemployed and food prices skyrocket. You are screwed. Unless you have a veggie garden like I do. Even people in apartments can have fresh tomatoes, cucumbers,and beans, but few do. Why, because they rely on the government to solve all their problems.
I have a huge problem with the budget officer, Page. He comes out with reports before the finance department just to enhance his position. He undermines the government with no real facts, just predictions like mine. He is like the guy who cries wolf, when it is actually a sheep. He listens to Don Drummond, a confirmed Liberal supporter, who the media love to quote, but who knows nothing more of less than any other expert, like me!
OTTAWA -- Finance Minister Jim Flaherty has dismissed a prediction of deeper, longer-term deficits from Parliament's budget watchdog.
He rejected analysis from Kevin Page, the parliamentary budget officer, that major spending cuts or tax hikes will be the only way to get Canada out of the red within five years.
Past warnings from Page have proven accurate. But Flaherty says he's off-base this time, because the bleak prediction is based on unduly pessimistic economic-growth projections.
"He's wrong," Flaherty told journalists in a conference call from a G8 finance ministers' meeting in Lecce, Italy.
"Because he says growth rates likely will be slower than I had predicted. Now, if you make an assumption with respect to lower growth rates, then you get the results that he postulates.
"But anybody can do that."
Assume...I assume that the GM bailout will fail and that auto workers will lose their jobs and that southern Ontario will be taken over by the US, because they want our oil. Oh, wait...
If oil keeps above $60, and the bank rate stays below 1%, I predict massive profits for the federal government because of oil sands development. Did Page factor the oil sands into his calculations? I doubt it because he has no clue what is happening in the west.
The Toronto Dominion Bank now projects $167 billion in deficits over five years -- almost double what the government forecasts -- and expects a $19.4 billion deficit in 2013-14, the year Flaherty foresees a return to surplus.
The TD should hire better qualified experts, not politically motivated supposed experts. They are making a lot of people mad, and the bank is going to suffer for their bias. I predict massive withdrawals from TD because a bank should never get politically involved, like they have with Drummond. I hope all those billions for oil sands projects go to another bank, one that is not so politically aligned with the Liberals, maybe ATB, an Alberta bank. What happens in Alberta should stay in Alberta! We know how our taxpayers dollars got taken from us by the Liberals and given out to yet to be named Quebec Liberals, why support those who helped them steal our money.
I predict all of this as a Canadian citizen, not an expert on anything. I think my opinion is just as valid as any other Canadian citizen, I just don't get interviewed by CTV/CBC like Drummond, so I can bias all Canadians by my opinions.
I predict....a Conservative majority next election, and you can take that to the bank! HA!!