Where did the money come from?
Paul Martin and his Liberal predecessors, have been saying there is no more money for health care. Now that the election is announced, he has found billions to give to the provinces for health care. Where did the money come from?
Perhaps it came from the surplus. This is the money that was going towards paying down the national debt. Paying off that debt isn't exciting. It's like paying off the mortgage of a house you are not living in. No fun. But what happens if you don't deal with debt?
Our current debt is costing us about $20 billion each year in interest charges. Paul Martin talked about injecting $3 billion into health care. Can you imagine the incredible social programs and low taxes we would have if we had an extra $20 billion each year? But at the current rate of repayment, the debt will not be paid off in my lifetime or in my children's lifetime.
I know it's not an exciting election platform, but will someone please stand up for the importance of paying off our national debt?
Perhaps it came from the surplus. This is the money that was going towards paying down the national debt. Paying off that debt isn't exciting. It's like paying off the mortgage of a house you are not living in. No fun. But what happens if you don't deal with debt?
Our current debt is costing us about $20 billion each year in interest charges. Paul Martin talked about injecting $3 billion into health care. Can you imagine the incredible social programs and low taxes we would have if we had an extra $20 billion each year? But at the current rate of repayment, the debt will not be paid off in my lifetime or in my children's lifetime.
I know it's not an exciting election platform, but will someone please stand up for the importance of paying off our national debt?
posted by Shawn Abigail at 8:49 p.m.
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