Quote:
Originally Posted by Pastiche
I don't see the big deal. Alberta's current account balance is, (not confirmed) larger than the deficit.
People get all agitated because they think that a government being in debt is the same situation as personally in debt. They aren't the same. Why not borrow now when interest rates and costs (human, materials )are low? If it will lead to growth then you pay off the debt then.
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C'mon be reasonable here. The government should never, ever be in debt. We are fiscally conservative and that either means we have the money to pay for it in cash or we don't buy it....just like everyone on this board runs their personal finances I'm sure.