The federal government has decided to borrow tens of billions of dollars to finance a stimulus package we don’t need and new programs that taxpayers can’t afford
More red ink from Ottawa won't solve our economic woes
It’s one thing to pull out the credit card to pay for new shingles to patch a leaky roof in a storm. It’s another thing to pull out that credit card to buy a new big screen before the rain even stops.
That’s what Ottawa is doing by pilling up new program spending on top of its $1-trillion debt tab. Even worse, the feds are trying to pitch their debt-financed big screen as a good investment.
After record-high government spending in 2020, many economists have warned about the dangers of more debt.
