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Old 03-08-2013, 11:45 AM   #651
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by bizaro86 View Post
Really? The budget forecasted revenue from non renewable resources of 13.4 billion dollars. That would be the second highest amount of non renewable resource revenue in Alberta's history.

Is it your position that "Slightly less than the most money we've ever collected, and more than the second best year in Alberta's history" qualifies as a rainy day?

Source: Page 52 of this report http://www.finance.alberta.ca/public...an-revenue.pdf
I was talking about 2008-2009?

I actually just read the Wildrose plan (I can't recall the official title) and they make some good points. (Hope you were sitting down for that). I'm not sure how the math works, because they still have comments about the "possibly billions" in savings from some of their actions, but there are some good points as well.

There is a certain naivete about it though. For example when they talk about the defined benefit vs. defined contribution pension plans. I happen to agree that this move should be made, but its just not that simple. If I were a union leader or negotiator there is almost nothing that would persuade me to advise my members to willingly make that move! I have no idea what other turmoil a move like this would cause either. How many people who work for the government now would bail and not go back as soon as the pension plans and such are gone and your wages are frozen for a couple of years? (How many people would stay at a company that did this?)

I also note that there are some pretty deep cuts that are outlined here. While its hard because I think that the PC's are off-track, I also think that our current education and healthcare has a lot of room for improvement. I'm not convinced that slashing their budgets, delaying new clinics and schools will help improve things there either.
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