The BS Pedalled About The Federal Debt

Posted by Michael Campbell

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Some well known economists say we can afford the federal debt.  That’s true – it will be about 1% of GDP but it’s BS to suggest that “we” can afford it when it will be  our children and their children who’ll be paying. And it’s not just the federal debt – they’ll also be paying for our provincial debt and unfunded public sector pension liabilities. 

 

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