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Old 02-08-2013, 09:40 AM   #455
crazy_eoj
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Quote:
Originally Posted by Slava View Post
My premise is that all of the budgets proved wrong because of their reliance on fossil fuel revenue and needing to predict that price. The Wildrose were planning to slash spending, which I HAVE DECREEDwould've affected the delivery of services, but we never did AGREE WITH THEIR STATEMENTS ABOUT where they were cutting. The one big ticket cut for them was CCS and that was a red herring because it wouldn't have saved anywhere near as much as they alleged. We knew that from day one, and I had them running a deficit even with their resource revenue being in line. Honestly, when you say the Wildrose had the budget at the same level as the Liberals would've, I'm skeptical BECAUSE WE ALL KNOW THE LIBERAL TAX PROJECTIONS, ALTHOUGH BASED ON INFLATED ECONOMIC GROWTH AND IGNORING NEGATIVE EFFECTS OF INCREASED TAXES, WERE ENTIRELY REASONABLE. My guess is that you could add another $1.5B to that figure based on the carbon capture alone. BUT AGAIN I MUST REITERATE THE LIBERAL PROJECTIONS WERE PERFECT

Regardless though, the PCs have spent money where they said they were going to. The opposition parties all said that it was too optimistic, and maybe it was, but no matter which party won we would be looking at a deficit according to your figures. AND THE SIZE OF DEFICITS DOESN"T MATTER
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