Monday, May 26, 2008

Canadian Government Works, Reports Surplus, Ours Doesn't

Our liberal northern neighbor, Canada, must be doing something right. And we must be doing something wrong. How would you explain this from the CBC:

Canada’s government surplus for its latest fiscal year came in around $10.2 billion, the finance department said. The government said its budgetary revenues for the year that concluded on March 31 increased by $10.6 billion, or 4.6 per cent, driven by gains in income tax revenues and other revenues.”

And to think, they didn’t have the Bush tax cuts to help. Hey wait, we do, and we’re in a recession.

How’d they do that?

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