The Liberals' inaugural budget contains a $29.4-billion deficit for 2016 which is 10.2% of government spending. Proponents of spending argue that it is a great time for the government is going to borrow money, since interest rates are at 50 year lows. Opponents argue that the spending could get out of control and the debt could easily reach $100 billion a year by 2020.
Statistics are shown for this demographic
Response rates from 2.1k Toronto 100 voters.
44% Yes |
56% No |
39% Yes |
40% No |
5% Yes, but by drastically reducing the benefits and salaries of government officials |
4% No, increase taxes on the wealthy instead |
0% Yes, and increase taxes |
4% No, increase taxes on large multinational corporations instead |
0% Yes, and eliminate federal agencies that are unconstitutional |
3% No, focus on ending tax evasion instead |
2% No, reduce military spending instead |
|
2% No, cuts to public spending will negatively affect the economy |
|
1% No, reduce the number of government officials instead |
Trend of support over time for each answer from 2.1k Toronto 100 voters.
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Trend of how important this issue is for 2.1k Toronto 100 voters.
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Unique answers from Toronto 100 voters whose views went beyond the provided options.
@9HXZTXM1yr1Y
Yes cut spending on certain things like salaries of government officials and increase taxes on large corporations
@B46V7MR1wk1W
Drastic reductions in the government's ability to extract wealth from Canadians, with the end goal of making the concept of "public spending" understood as synonymous with corruption and theft, and ultimately undermine confidence in the state. Defaulting on the national debt would be preferred, however arguments could be made for allowing the US to absorb our debt in exchange for statehood.
@9FL7SJ92yrs2Y
I believe they should make cuts to public spending deemed unnecessary by the people and work more on ensuring the national debt is reduced safely without harming the country's economy and its people.
@9JWW84Q1yr1Y
No, they should reduce spending over seas supporting other countries as well as make the wages of government officials reflective of the outcomes they produce. Have a base salary, then bonuses based on how well the economy is running. Earn your wage!
@B48NXNX1wk1W
Yes, we must cut inefficient spending, not core services. However economics prove that there is a need to focus on economic growth (immigration, productivity, tech) to grow out of the debt instead of just cutting.
@B486XBX1wk1W
A legitimate open public audit should be do e to find cost savings while also increasing the budget.
@B47RZS51wk1W
They should reduce wasteful spending while increasing GDP to pay off national debt. Government officials should take a pay cut and not be allowed to trade stocks.
@B46SLTT 1wk1W
Reduce the overall size of government, salaries need to stay competitive to attract competent talent. Able bodied people should need to work for government assistance, by helping to clean up and beautify our communities.
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