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Flaherty's got deficit religion – but can he attain fiscal salvation?

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The challenge of our time

Globe and Mail Update - Tuesday, January 27, 2009 at 11:25 EST

A laid-off retail manager, a self-employed consultant, a young mother and a small businessman reflect on the recession as Finance Minister Jim Flaherty delivers the budget

From Wednesday's Globe and Mail

OTTAWA — Finance Minister Jim Flaherty wrapped up his fourth budget speech by urging the opposition parties to vote for it. He might have also borrowed an old line from a late prime minister: “Well, welcome to the 1980s.”

Gold has soared, the sharpest recession in at least a quarter-century is under way, and now we have another unhappy parallel with the final Trudeau years: We have deficits as far as the eye can see.

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