Mr. Speaker, S&P has now downgraded government debt for nine euro currency countries. Greek and Portuguese debt is now rated at junk status. Even the EU bailout fund has been downgraded. Soon the bailout fund will need a bailout.
Yet amazingly the NDP leader said on Monday that the EU countries are not borrowing and spending enough. It shows that here at home the NDP would bury us in taxes, smother us in debt and, in the spirit of egalitarianism, evenly redistribute misery to all.
The Conservatives choose the Canada way, a low tax, low debt, pro-trade plan for jobs and growth.
The NDP leader should listen to Tommy Douglas who said, “The trouble with socialists is that they let their bleeding hearts go to their bloody heads.”