Quote:
Originally Posted by Slava
That is OK. We know enough about what they wouldn't do....that is go into debt. We all know that even responsible debt is against fiscal conservatism and has nothing to with their ideology. 
One day even the rampant right-wingers in Alberta will come to understand basic economics though. It might take until all of the oil is gone, but the day will come when they recognize that building major capital projects during the downtimes is the most feasible time. From a pure cost perspective things are cheaper. There are more qualified workers to be had, which is important as well. Finally that hospital or highway that you are building and will use for the next 50 years can also be paid off within the same time frame. |
I totally agree it should be, but is it really cheaper to build a road now when compared to a year ago? Most employees have same or similar wages now, most capital invested in equipment, land, training etc over the last 2-4 years was still paid for at a higher rate. Can, and more importantly ARE the people we are paying to build these roads etc suddenly going to be charging less?
I only see things from my perspective of being involved in running a small business, what I see in the labour market etc. Maybe I am wrong, and I hope I am.