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Old 02-06-2014, 09:22 PM   #92
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Rerun View Post
Well thats a silly response. You are saying that since we owe $8B whats another $45000 added to it? With an economic plan like that we'll never get out of debt again.

No different than me saying... what the hell, I already owe $300,000 to the bank, what difference will it really make if I go out and buy a $1500 tv that I really don't need but just want.
No, what I'm saying is that this is a non-issue and there are bigger fish to fry.

Quote:
Originally Posted by ken0042 View Post
Maybe "penny wise- pound foolish" is quite the simplification; but it does hold true. We have a premier with a spending problem, and a province with a debt/ deficit problem. It isn't about the $45K when the province has an annual budget in the 10's of billions. It's about how she spends money, and how she wastes money. If she wastes money on travel; where else does she waste? And how do the hundreds of people who work under her also spend their work budgets? (And carry that on through policies, etc.)
I'm of the opinion that the province has a revenue problem and not a spending problem. I also am in favour of debt while rates are low for infrastructure projects and capital projects in general. I suppose that's the point of departure; while some people want add this $45k to the $8B it doesn't really work that way.
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