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debt to gdp ratio

Consumer-driven economic growth is unsustainable, BIS warns.
A government's claims of economic competence must surely depend upon a sound record in certain crucial areas -- such as economic growth, debt reduction, balanced budgets and management of the tax burden. On all four counts, the Harper regime is a serious disappointment. As for taxes, that's where Mr. Harper brags the most. But check reality! While claiming they never raise taxes, the Harper Conservatives have in fact increased the net tax burden on Canadians in each of their last four budgets. It happens in dozens of nefarious ways which they hope you won't notice.