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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No the responsible thing was saving the excess resource revenue in the sustainability fund, which reached over 16 Billion. Of course, in the last 3 years the current goverment has spent it all, which can't be helped.
Also, resource revenues this year are forecasted to be higher than just about every year in the past, including many years when significant savings were enacted by the government.
Basically, the only reason Redford has been able to overspend this long is from the responsible savings done in the Klein years.