Sunday, January 08, 2006

The Globe and Mail: Tory spending promises would result in deficit, Liberals say

The following is a so-called "reality-check."

Note today's top headline: The Globe and Mail: Tory spending promises would result in deficit, Liberals say.:

"The Liberals claimed today that Conservative campaign promises Sunday would plunge the country into deficit..."

The problem is, I don't believe it. It smacks of not only desperation, but untrue desperation. So let's see if the claim susses out. According to CBC's spending tallies, here is where the parties have promises so far this election:

Conservatives: .... a total of $65.5 billion.

Liberals: a total of $59.4 billion.

So far, the Liberals have a case. But there is a catch. These numbers do not include the $8 billion dollars in post-secondary funding promised by the Liberals. So, if my calculations are correct, Liberals are actually promising $3 billion in more spending than the Conservatives. In other words, if the Liberals are claiming the Conservatives will be running a deficit, their plan would also run Canada into a $3 billion greater deficit.

This has been a fact check, brought to you by the Potent Pew.

1 comment:

The innkeeper said...

this will answer your questions Mr. Pew:
http://mapleleafhotel.blogspot.com/2006/01/conservatives-125-billion-deficit.html