CantTouchThis retweetledi

The Liberals have been using the CPP & QPP's assets in their calculations to show that the federal debt is lower than it is. It's not only creative accounting but a straight-up lie.
I've been calling this out for years and glad to see it now mentioned on CBC as this lie being parroted by voters all the time.
"we're facing a rising debt-to-GDP ratio, especially when you combine it with the provinces. The government is not only unconcerned about this but presents a kind of a cack-handed way of explaining it, where if you subtract the CPP and the QPP, we have a debt-to-GDP ratio of only 10%.
Well, you can't actually use pension funds to pay off your debts; it's a completely bogus comparison."
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