03-30-2023, 02:15 PM
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#8001
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Franchise Player
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Quote:
Originally Posted by Fuzz
It's not like Smith has been exactly restrained on spending. She got an oil windfall, and is spending it like crazy.
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At least they'll spend it on things like services and infrastructure versus lining cronies' pockets.
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03-30-2023, 02:18 PM
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#8002
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Loves Teh Chat!
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Quote:
Originally Posted by Fuzz
It's not like Smith has been exactly restrained on spending. She got an oil windfall, and is spending it like crazy.
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Lol, right? The UCP have the dubious title of highest spending Alberta Government ever and we have countless cases where they've wasted millions or even billions, but somehow the NDP are the fiscally irresponsible boogeyman that are going to spend us into oblivion.
Newsflash folks - the UCP are already doing exactly what you're afraid of the NDP doing. The provinces finance's and program spending have never been more reliant on the price of oil than this Smith budget.
According to Trevor Tombe we now need Oil to be at $75US per barrel to balance the budget. Each $1 change is worth $630M, have you looked at the price of oil today? Cause it's not $75 US.
https://www.cbc.ca/news/canada/calga...2023-1.6764355
Last edited by Torture; 03-30-2023 at 02:30 PM.
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03-30-2023, 02:29 PM
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#8003
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Franchise Player
Join Date: Jul 2010
Location: Calgary - Centre West
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Quote:
Originally Posted by D as in David
Honest question, is there objective evidence that confirms that the NDP were worse than the UCP at managing finances? I know there's the examples like the light bulbs (vs. the pipeline to nowhere) but overall, I'd like to know whether in their one term, were they objectively and significantly worse at it than their counterparts have been?
Part of what makes me ask this is that the perception in the U.S. is that the Replublicans are better financial stewards yet there have been many studies that show that Democratic administrations have been better; yet the perception remains.
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No, and even if there was, you're not allowed to ask for it. Don't you remember the last time someone asked for actual evidence to back up such a claim?
__________________
-James
GO FLAMES GO.
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03-30-2023, 02:30 PM
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#8004
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Franchise Player
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Quote:
Originally Posted by Torture
Lol, right? The UCP have the dubious title of highest spending Alberta Government ever and we have countless cases where they've wasted millions or even billions, but somehow the NDP are the fiscally irresponsible boogeyman that are going to spend us into oblivion.
Newsflash folks - the UCP are already doing exactly what you're afraid of the NDP doing. The provinces finance's and program spending have never been more reliant on the price of oil than this Smith budget.
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I was surprised to see the 23-24 budget 9% higher than the 22-23 one.
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03-30-2023, 02:32 PM
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#8005
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Loves Teh Chat!
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Quote:
Originally Posted by Fuzz
I was surprised to see the 23-24 budget 9% higher than the 22-23 one.
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Toews said all the right talking points about fiscal restraint, getting off the rollercoaster, and saving for the future when they rolled out the budget but this budget was not that, and in reality, it was pretty much the exact opposite when you dug past the talking points.
This is a big spending budget reliant on windfall royalties, it was a sharp departure from the fiscal restraint we had seen under the Kenney-led UCP.
Last edited by Torture; 03-30-2023 at 02:37 PM.
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03-30-2023, 02:37 PM
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#8006
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Franchise Player
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Quote:
Originally Posted by Torture
Toews said all the right talking points about fiscal restraint, getting off the rollercoaster, and saving for the future when they rolled out the budget but this budget was not that, and in reality, it was pretty much the exact opposite when you dug past the talking points.
This is a big spending budget reliant on royalties, and was a sharp departure from the fiscal restraint we had seen under the Kenney-led UCP.
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This is a "desperate to buy votes" budget. I bet if we could tell the future, if the UCP is still in power in a year, the outcome is going to be a decent sized deficit which they will then use as justification to cut all sorts of things in the following budget. Basically, for those not really following along, this is a ####ing trap. The worse the deficit looks next year, the better to support their Libertarian ideology. Hell, they won't even wait a year. You can expect a mid year budget update that shows just how dire things are, so they can get to work cutting and privatizing quickly. Nervous yet?
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03-30-2023, 02:42 PM
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#8008
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Loves Teh Chat!
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Quote:
Originally Posted by Fuzz
This is a "desperate to buy votes" budget. I bet if we could tell the future, if the UCP is still in power in a year, the outcome is going to be a decent sized deficit which they will then use as justification to cut all sorts of things in the following budget. Basically, for those not really following along, this is a ####ing trap. The worse the deficit looks next year, the better to support their Libertarian ideology. Hell, they won't even wait a year. You can expect a mid year budget update that shows just how dire things are, so they can get to work cutting and privatizing quickly. Nervous yet?
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Like I said, we need $75 US Oil to balance the budget they rolled out, a quick google tells me WTI has been under $75 for most of the month of March.
I'm not sure I'd bet the Province's finances on Oil staying at $75 US for the next year but the fiscally responsible UCP already have.
https://twitter.com/user/status/1636003646566715392
Last edited by Torture; 03-30-2023 at 02:53 PM.
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03-30-2023, 02:43 PM
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#8009
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wins 10 internets
Join Date: Feb 2006
Location: slightly to the left
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Quote:
Originally Posted by TorqueDog
No, and even if there was, you're not allowed to ask for it. Don't you remember the last time someone asked for actual evidence to back up such a claim?
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This is why it's such an uphill battle for the NDP. Conservative voters in this province don't judge a party on what they actually do, they judge them based on perception. NDP = Liberals = Tax & Spend. UCP = Conservatives = Fiscally Prudent. The reality of the UCP wasting billions more dollars than the NDP ever did has no impact, because facts don't matter in politics anymore
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03-30-2023, 02:55 PM
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#8010
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First Line Centre
Join Date: Mar 2007
Location: Calgary
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Quote:
Originally Posted by D as in David
Honest question, is there objective evidence that confirms that the NDP were worse than the UCP at managing finances? I know there's the examples like the light bulbs (vs. the pipeline to nowhere) but overall, I'd like to know whether in their one term, were they objectively and significantly worse at it than their counterparts have been?
Part of what makes me ask this is that the perception in the U.S. is that the Replublicans are better financial stewards yet there have been many studies that show that Democratic administrations have been better; yet the perception remains.
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There were some graphs published a few weeks ago, there is probably a link somewhere in this thread. Diving into the data and taking into account oil price they showed that the last 2 years of the NDP term they actually did OK financially, deficits were on a positive trajectory, then got worse when the UCP took power (even before Covid).
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03-30-2023, 03:10 PM
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#8011
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damn onions
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Quote:
Originally Posted by Torture
Like I said, we need $75 US Oil to balance the budget they rolled out, a quick google tells me WTI has been under $75 for most of the month of March.
I'm not sure I'd bet the Province's finances on Oil staying at $75 US for the next year but the fiscally responsible UCP already have.
https://twitter.com/user/status/1636003646566715392
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Agree with your take on all of this and that generally Alberta (desperately) needs to start moving away from living off royalties and introduce a PST, but I don’t think the budget poured at $75/bbl is terribly unrealistic as an oil price target.
A lot of analysts, banks, etc. are calling for the second half of this year to see escalated pricing.
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03-30-2023, 03:21 PM
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#8012
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Franchise Player
Join Date: May 2016
Location: ATCO Field, Section 201
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What is the ANDP proposing they will spend on that is outlandish?
It seems like the standard, Education, Healthcare, Social Services, Infrastructure and Economic stimulus.
These are all responsibilities that Canadian provinces have assumed. It doesn't seem above the standard that other legislatures opporate.
Of course if you don't think these are the responsibility of the government you may prefer a party that is looking to privatize these responsibilities.
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03-30-2023, 03:26 PM
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#8013
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Franchise Player
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Quote:
Originally Posted by D as in David
Honest question, is there objective evidence that confirms that the NDP were worse than the UCP at managing finances? I know there's the examples like the light bulbs (vs. the pipeline to nowhere) but overall, I'd like to know whether in their one term, were they objectively and significantly worse at it than their counterparts have been?
Part of what makes me ask this is that the perception in the U.S. is that the Replublicans are better financial stewards yet there have been many studies that show that Democratic administrations have been better; yet the perception remains.
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Obviously it's a simple question with a really really complex answer, but the simple answer is no. The NDP were no worse at managing finance.
Vastly oversimplified, total spending trends are no different
How reactive you should be to a revenue decline is a philosophical question with no one right answer.
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03-30-2023, 04:16 PM
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#8014
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Not a casual user
Join Date: Mar 2006
Location: A simple man leading a complicated life....
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Quote:
Originally Posted by D as in David
Honest question, is there objective evidence that confirms that the NDP were worse than the UCP at managing finances? I know there's the examples like the light bulbs (vs. the pipeline to nowhere) but overall, I'd like to know whether in their one term, were they objectively and significantly worse at it than their counterparts have been?
Part of what makes me ask this is that the perception in the U.S. is that the Replublicans are better financial stewards yet there have been many studies that show that Democratic administrations have been better; yet the perception remains.
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The NDP had to deal with the fires in Fort McMurray and the collapse of oil prices.
__________________
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03-30-2023, 04:17 PM
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#8015
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Franchise Player
Join Date: Oct 2010
Location: Calgary
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Danielle Smith is threating the CBC with legal action for reporting her own words . This is despite it being a recording, unaltered, and long so it couldn't be taken out of context. What a fricking clown show.
Quote:
“Later today, in an effort to continue their campaign of defamatory attacks against me, my office staff, Alberta Crown Prosecutors, and the Alberta Public Service, the CBC intends to release an article about a conversation I had with an individual named, Artur Pawlowski,” said the statement from the premier emailed to media first thing yesterday morning and posted on social media, presumably in hopes of getting ahead of the CBC’s report.
Claiming her conversation with Mr. Pawlowski should surprise no one given her publicly stated concerns about COVID-19 public health measures and firmly denying she has ever spoken to anyone specifically from the Crown Prosecution Service, Premier Smith then threatened the CBC.
“Allegations to the contrary are defamatory and will be dealt with accordingly,” she stated.
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https://albertapolitics.ca/2023/03/p...minal-charges/
Last edited by FlameOn; 03-30-2023 at 04:20 PM.
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03-30-2023, 04:25 PM
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#8016
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Loves Teh Chat!
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Quote:
Originally Posted by FlameOn
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Nothing new here though, she's been threatening a defamation suit since the beginning.
"The things you reported that I said I did, and now have a recording of are defamatory" is not exactly a strong defamation suit.
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03-30-2023, 04:41 PM
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#8017
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Franchise Player
Join Date: Jul 2003
Location: In my office, at the Ministry of Awesome!
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Danielle Smith: "The CBC published defamatory stories about me"
Judge: "CBC, what do you have to say in your defense"
CBC Lawyer: *shrugs shoulders and hits "play" on youtube video
Judge: "Case dismissed"
__________________
THE SHANTZ WILL RISE AGAIN.
<-----Check the Badge bitches. You want some Awesome, you come to me!
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03-30-2023, 04:46 PM
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#8018
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Looooooooooooooch
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Defund the CBC!
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03-30-2023, 04:48 PM
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#8019
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Scoring Winger
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Quote:
Originally Posted by Torture
Nothing new here though, she's been threatening a defamation suit since the beginning.
"The things you reported that I said I did, and now have a recording of are defamatory" is not exactly a strong defamation suit.
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The best part, the recording with Pawlowski came AFTER CBC's initial report. Fully aware that 'they're on to her' she admits to it... on a video chat.
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03-30-2023, 04:52 PM
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#8020
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Franchise Player
Join Date: Jul 2010
Location: Calgary - Centre West
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Finally got a text from the NDP today, was quite pleased to to tell them that not only could they count on my vote, but that I'd signed up already for a sign, donated, and when my time becomes more available I would even consider volunteering.
__________________
-James
GO FLAMES GO.
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