Quote:
Originally Posted by Bring_Back_Shantz
How is this a disgrace of governance?
Seems to me they did a smart thing by building up the provinces coffers with surplus after surplus while times were good.
So now that things have slowed down instead of cutting everything back and defering a lot of projects that couldn't get done when things were too busy, they are going to run a deficit, is that such a horrible thing?
If this was a case similar to far to many governments where they pretty much project to run a deficit forever with no plan to change things then I'd agree it's a horrible thing, but at least in this case they are acknowleding that it is only temporary and they do have some projections that back this up, and show that if things don't take another left turn we should be back in the black relatively soon.
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To post the biggest deficit in Alberta's history when oil is still close to $50 is a disgrace of governance. This budget is just the culmination of a number of bonehead moves.