Over the last 5 years GOA spending has grown by about 8% per year. That growth is unsustainable.
My concern is that they seem to spend up to their limit during boom times and refuse to slow down during a bust. As soon as things slowed down we started to hear about the possibility of PST to help balance the budget. If they got a tax increase in during slow times I am certain they would continue to spend it during good times. What happens the next time things slow down?
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