\u0027Voters have been spun, or flat\u002Dout lied to, so many times that the budgetary credibility gap is bigger than Canada’s debt\u0027
Polls consistently show distrust about everything government does and says – including budgets like the one released by the Trudeau government earlier this week.
If a majority of voters can recall a single salient factoid about this week’s federal budget – Freeland making some cuts, Freeland raising taxes – it’ll be a political miracle.In Western democracies, everywhere, budgets are falling victims to what experts call the “fiscal illusion.”Article content Which tells you that governments are literally expressing debts, deficits and dollars in a way that most folks don’t comprehend.Going back to the Jean Chrétien/Paul Martin era – which was the last time, notably, that Ottawa actually made the cuts that needed to be made – the numbers that seep out of the Department of Finance, pre-budget, are often wrong.
One of them was the collapse of consensus about certain basic truths – ie., public health is good, vaccines work, etc.
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