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Originally Posted by Rerun
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.
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No, what I'm saying is that this is a non-issue and there are bigger fish to fry.
Quote:
Originally Posted by ken0042
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.)
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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.