But still: Flaherty = Deficits.
I don't see why TD's chief economist said the following:
“Many economists have said it's acceptable to run a modest deficit for a short period of time, but there's virtually nobody on record as saying it's acceptable to run deficits for many years in a row,” Mr. Drummond said.
Really? I think we had fifteen years of straight deficits in Ontario, if you count from when Bob Rae began intentionally destroying the NDP to when we finally booted the Progressive "Conservatives" out of office.
What's four years?
They've already had to cancel a couple of military vessels and an arctic sovereignty protecting icebreaker. What will they cancel next? The responsible thing might even be going in to deficit. At that point, they're as screwed as McGuinty having to break his no-tax-increase promise when faced with the PC deficit he took over.
Keep your promise or do what's right?
Best of luck, chuckleheads.