Repayment of debt, is it really necessary? The
Since the release of the Manifesto for a Quebec lucid, right, Quebec continues to break our ears with the repayment of debt. The question is, is it really necessary to repay the debt?
Some say Quebec's debt is enormous. But if we compare with other countries, as percentage of GDP, we find ourselves just behind Brazil in 50th place. In the team lucid, they cry for disaster ... This is not the case. Italy and Japan are examples of countries with debt percentage of GDP higher respectively: 177.50% and 106.70% (according to CIA, 2006). These countries are doing very well and prefer to invest in infrastructure instead of rejecting all the projects proposed by citizens.
In the 70's, Quebec has decided to invest in infrastructure for education and health. School buildings and health are at an annual cost to the Quebec budget, but they relate more to Quebec taxpayers. This is called an investment. The right-wing parties like the Liberal Party, the ADQ and the PQ no longer believe in such investments. Investment in social programs and the creation of these are luxuries that Quebec can not afford given its financial situation, they said.
Our financial situation is not so important. But if we start to sell all our assets to private social to repay a debt that is not necessarily a threat to Quebec if we compare ourselves to the world, I do not see the benefits that could benefit Quebecers. If health care, education and even Hydro-Quebec to spend private, that will really benefit the debt? I say, continue to invest in social programs, health, education and the abolition of poverty.
Claude Côté
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