OnTheIce wrote:
And yet, still left us with billions more debt on the books than when he started.
It's amazing that during all those "surplus" times, they ignored our national debt and kept piling on more.
Huh? Canada's national debt when Chretien left office was about $450B, which is virtually the same number that it was when he took office. As a percentage of GDP, however, debt FELL during Chretien's term in office by about 1/3. On the other hand, Mulroney's term in office saw the debt balloon from $150B to $450B...it TRIPLED under Mulroney. Since Harper took office, the debt has climbed by another $100B and counting.
YEAR DEBT
1980 - $90B
1985 - $175B
1990 - $377B
1995 - $550B
2000 - $511B
2005 - $450B
2010 - $525B
Should Chretien have spent the surpluses more wisely? Yes. But the Liberal party's track record of managing the debt is MUCH better than the Conservatives, at least since 1980.