Quote:
Originally Posted by para transit fellow
Ralph's Alberta advantage (tm) was to have resource revenues carry most of the bills... So corps and people didn't have to.
Remember when he gave away a billion dollars in ralph bucks? Or when he gave natural gas rebates to Albertans... Including the ones in jail?
In hindsight, these acts don't seem so fiscally responsible.
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Actually, Ralph used most of the resource revenues to pay for previous overspending and wasteful governments who accumulated massive debts on top of using all the resource revenues for program spending (Sounds familiar? It should).
In hindsight, it was extremely responsible to pay off the debts and allow future revenues to be used for something other than debt servicing.
It's incredibly unfortunate that since Ralph left us a legacy of no debt and billions in savings that the PC's have taken us right back to where we started before his tenure as premier with even more wasteful spending and debt financing.