OTTAWA--An Alternative Economic Update released today shows that between the 1997 election and fiscal 2001, the Liberals will have spent only 2 per cent of the fiscal dividend on social investment, compared to 98 per cent on tax cuts and deficit reduction.
This runs counter to pre-1997 election promises to spend 50 per cent of the fiscal dividend on social programs.
The coalition releasing the report, entitled "Reality Check: An Alternative Economic Update," says the Liberals have a lot to make up for.