Quote:
Originally Posted by Slava
Was it responsible to pay off all the debt and then decrease taxes so that we were reliant on resource revenue as our sole funding as well? That seems like an enormous mistake in hindsight.
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I would have been just as happy to see them pay off the debt and then direct resource revenue into the Heritage Fund. Where I think they went really wrong was when they stopped putting money into the Heritage fund and switched it to the Sustainability fund which was very easy to withdraw from. If they hadn't, we would have been having this conversation 5 years ago when the started paying bills from the Sustainability fund. All it did was buy them time. (and possibly an election or two.)