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Paul Martin |
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| White Rock, B.C. - Tuesday, June 18, 2002 By: Rudy Fernandes | |
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fawning |
Paul Martin is the creation of public relations experts. Mythology has it that he was a great finance minister, but, is he? Let's closely examine his vaunted accomplishments; the mythology portrayed by a fawning media. What is his legacy now that he quit (he was not fired) the Liberal cabinet? |
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debt has |
On examination we find the Debt today stands at $550 billion, higher than when the Liberals took office eight years ago. Interest payments are still running at $40 billion a year. |
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siphoning |
The Deficit is kept in check by siphoning off increased Employment Insurance premiums into general revenue. |
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cut |
Paul Martin has achieved surpluses by cutting back on transfer payments to provinces for health care and other social benefits. The provinces used to get 50 cents for every dollar spent; they now get 14 cents. |
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dollar |
Eight years ago the Canadian dollar stood at 90 cents U.S.; today it is at a low of 64 cents, a drop of almost 30%. The list of underachievement goes on and on; too lengthy to record. |
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lucky |
Paul Martin was one very lucky finance minister. He inherited from the Tories the GST, free trade and NAFTA, which the Liberals promised they would do away with. |
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flowers |
Brian Mulroney summed it up neatly: "Michael Wilson planted the garden; Paul Martin got to pick the flowers." |
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Rudy J. Fernandes |
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| References: | |
| Former CSIS official now warning Americans to beware of terrorists in Canada , National Post | |
| John Manley's missed opportunity Ottawa Citizen | |
| Ottawa scraps refugee reforms Toronto Star | |
| Al-Qaida In Canada? April 25, 2002 60 Minutes | |
