When asked a question at a Chamber of Commerce meeting yesterday about how we are going to pay the federal debt back, Michael Ignatieff indicated that “we will have to raise taxes”. You can read the full article here. It was interesting to see Michael O’Shaughnessy, Mr. Ignatieff’s press secretary, go into full damage control immediately after that speech when he said “we have no plan and desire to raise taxes in a recession”.
We admire Ignatieff’s candor - to pay back the substantially increased debt from the significant deficits there are only two options; raise taxes or cut programs. Politicians almost always take the easy way out and raise taxes- unfortunately, cutting the size of government back to a reasonable level never seems to be their priority.
It would be much more refreshing if Ignatieff tried to actually show some common sense and real leadership and say that we should rein in the stimulus package that will take generations to pay off. Â If the coalition government was formed last December there would have been a much more significant stimulus package than the one we have now. The country cannot afford the debt related to the current stimulus package, let alone what a coalition spending spree would have unleashed.
We will continue on with our “Say no to Big Government Campaign” as long as it takes to have Ottawa listen. You can read more about this campaign here and to listen to a recent radio interview on this campaign here.



