How do you explain Canada’s debt situation to the average citizen?
We can’t pretend that we are rich. If we do not have the money, we cannot borrow it just to give it away. We also cannot compare situations with other countries, such as the United States, Greece, Ireland or Portugal.
National debt is simply money spent that we did not have to begin with. Before we start spending non-existent money, the priorities should be questioned thoroughly.
So far, the people in charge of our budget have brought forth a whole bunch of very socialistic ideas. Let’s have trustworthy, knowledgeable people in charge of finances, not just any politician.
How hard is it to find someone with a “if I can’t make any money on a loan, why would I lend you the money in the first place” attitude?
But anyway, if we have so much money to give away, why don’t we contribute to those who really deserve it, such as retirees. These people worked to establish the system that so many take for granted, yet they are more often than not ignored.