Damn I am Good

Back at the end of June I commented on the Cons military spending increase....and it is starting to come true. At the end of the post I wrote the following:

"They are going to pull an Ontario PC government by trying to buy votes, hide debt and then complain when the new Liberal government comes into power and has to cut all of the governments spending."

Now, in a little article seen here, it looks like the Cons are right on track for the whole master plan thing. First off, how the hell can a government lose over 3 billion dollars in 2 months. Now last year, the housing crunch was being felt in the US, but we in Canada were still relatively unaffected. Even at the beginning of 2008, the federal government was still earning running a substantial surplus, but the US economic problems were still getting worse. So what does our great government do? Give more tax cuts to the wealthy and big business, and hope that oil goes up to $200 a barrel to pay for it all. (Now when the Cons release the balance in 2 months, everyone will have to take into account the 4.2 billion dollar surplus from the spectrum auction. If it is below a 4.2 billion dollar surplus, the government is still running a deficit.) Since the price of oil will continue to drop for the rest of the year possibly as low as $70 a barrel, the federal coffers will be all but empty. We will be several billion dollars in the red, services will have to be cut in order to pay for it all, and taxes will have to go up. Every single time the Liberals cut spending, the Cons will be up in arms about how the Liberals keep on hurting Canadians by trying to balance the budget even though they destroyed a decade of fiscal solvency with 2 years of sheer ineptitude. Now before anyone says anything, the last part was after the election this fall when the Liberals get back into power after the August/September budget results come in and the government is in the red by over 1 billion dollars.