Opposition Parties Protest Deficit

Although its been quiet on Parliament Hill lately, Canada's opposition parties are still upset at Finance Minister Jim Flaherty's large deficit.
"I think you owe it to Canadians to explain how, given the change of circumstances, you still propose to be in balance in 2013-14," Liberal finance critic John McCallum said.
McCallum, a former chief economist at the Royal Bank, said the interest payments alone on five years of accumulated deficits worth more than $100 billion will wipe out the $700-million surplus Flaherty predicts for 2013-14. McCallum noted that TD Bank predicted earlier this month that a deficit will exist in five years of at least $19 billion.
The deficit this year will top $50 billion -- a record -- as the government tries to pump billions of stimulus dollars into the moribund economy.
Despite numerous calls by the Liberals and the New Democratic Party for the government to pump more money into the sagging economy, those same parties can now not understand why there is a deficit.
As someone once said "Do the math boys and Liz, if you spend more than you take in, you are going to end up with nothing. Translate - deficit.