WHITBY, ONT. — On this week’s Ivison video , regular guest Eugene Lang referred to “the trifecta — or what Van Morrison would call The Great Deception.”
Lang, an experienced Liberal operative, was talking about the tendency of governments to promise to simultaneously reduce taxes, increase spending and balance budgets.
“This kind of thing has never been achieved by any federal government,” he said. “It’s probably not advisable in any context, especially not the current context, where the prospects are that the Canadian economy is probably going to go into a recession, where the tax revenues will go down and automatic stabilizer expenditures on things like employment insurance are destined to go up.”
Yet, that’s exactly what the Liberal policy platform promises to do.
