The Case for a Balanced Budget

By Kevin Gaudet, Canadian Tax Payers Federation

As the Harper government prepares to take Canada back into substantial multi-year deficits, the Prime Minister should be mindful of advice from the famous French philosopher Blaise Pascal.  He wrote: “In each action we must look beyond the action at our past, present, and future state, and at others whom it affects, and see the relations of all those things. And then we shall be very cautious.”  

A look at the past, present and future of government spending, deficit financing and their impact reveals a need for making tough decisions to keep the budget balanced. [Continue reading this article here.]