National Debt Clock Makes PG Stop
Federal Debt Clock ticks off the dollars- photo 250News
Prince George, B.C. – By the time the Canadian Taxpayer Federation Debt Clock reached Prince George this afternoon, the Federal debt was closing in on $625 billion dollars, and the clock just keeps on ticking.The Debt Clock is on a 6 week, tour that will see it visit 9 provinces. The idea is to raise awareness about the rising public debt burden Canadians are facing, and calling on the Federal government to return to balanced budgets as soon as possible.
But how can you convince Canadians to call for debt reduction when the Nation just elected a government on a platform of deficits? “This is not the sexiest issue in Canada” says CTF Federal Director Aaron Wudrick, “It’s not something Canadians wake up thinking about, that’s one of the reasons we have this clock as a symbol it takes something that ‘in your face’ to get people thinking about it. As for the new government, it’s true they ran on small deficits, and they promised three years only. Look what happened, I warned about that during the campaign. If it was always a case of small deficits and they got them balanced quickly, I don’t think it would be a big concern for many people, but that’s never the case.”
He says it’s up to Canadians to let the government know this is not what they asked for “We didn’t ask for deficits as far as the eye could see. The reality is, it’s about fairness , it’s the young people who are going to have to pay this back. Most parents don’t want to leave debt for their children, they want to leave an inheritance.”
Right now, that Federal Debt means each and every Canadian is carrying the debt to the tune of $17,335.00.
“The federal government is spending $3.3 million per day on interest, and the provinces are spending millions more. This is not responsible, and it is not sustainable. Governments need to learn to live within their means, and stop expecting children and grandchildren to pay their bills for them” said Wudrick.
Wudrick says when people see the National Debt Clock, they are shocked “The average Canadian understands we have debt, but they are always surprised at the size.” He says the number one reaction he gets from folks who see the clock is “Schock at the size.( of the debt) The number at the bottom, the $17 thousand, that’s just federally, you add another $13 thousand ( per person) Provincially so it does start to add up very quickly.
This evening, the National debt clock arrives in Chetwynd, then heads to Fort St. John and Taylor tomorrow.