Weekdays at 12noon on 770 AM: The Truth
Michael Medved

Freezing spending, assuring a surplus

Amazingly enough, the federal government announced in February a freeze on new spending, with credible plans for a budget surplus by 2015! Unfortunately, the federal government I'm referring to isn't in the U.S.; it's north of the border in Canada.

Under the admirable leadership of the Conservative Party's Stephen Harper, the Canadian deficit shrinks to $3 billion this year, with a projected surplus of $6 billion next year. The rating agency Standard & Poor's hailed this achievement as a model for the rest of the world, declaring that "Canada went through the financial crisis without witnessing an alarming rise in debt levels, and didn't use any extraordinary policy measures."

In other words, the steady, cautious, cost-cutting policies of Prime Minister Harper worked far better than the lavish stimulus packages and reckless government expansion of the inept, misguided President Obama.

ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
In the community
Do you know a student who stands out in the classroom, school and community?
Help make their dreams come true by nominating them for a $1,000 scholarship and a chance to earn a $10,000 Grand Prize. Brought to you by KIRO Radio and Comprehensive Wealth Management.

Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.