An interesting graph
Along with a commitment to eliminate the federal debt by 2025, this graph which shows federal government revenue as a percentage of GDP suggests that the Conservatives are willing to walk the fiscal responsibility walk. I am never thrilled with items expressed as a percentage of GDP simply because they can be manipulated at the margins and can allow the government to take credit for fiscal probity when the actual driver is a growing economy; but the mere fact that Flaherty is willing to publish such a graph strongly suggests a commitment to reducing the overall size of the federal government.
Written by jay on November 24th, 2006 with 3 comments.
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