Quote:
Originally Posted by Cheese
Its amazing how Albertan's who have voted the PCs into majority for most of the last 40+ years can talk crap about the fact that Ontario re-elected a Liberal government.
Lets face it Hudak, and I know the guy, blew it, just like his predecessor blew it with his religious stance/remarks. Ontario is a centrist voting block and Hudak took a right wing stance that just didn't sit well with the population.
The fact that the Liberal's got reelected is no more surprising then the PCs continually getting majority's in Alberta when most of those governments have been as corrupt, or more, and reckless with spending as any other government.
At least Ontario does vote out governments when called for and elect a different party.
I'm betting Wynne does an excellent job.
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Although another record low voter turnout was expected, the number of people who exercised their democratic right was actually up. Unofficial results suggest 51.7 per cent of us cast ballots in the province, up 3.5 per cent from 2011′s record low of 48.2 per cent.
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Its going to be interesting if Wynne implements that pension scheme, the one that public servants don't have to pay into but will get money out of that will take 100 to 150 per paycheck away from the people in the private sector.
Combine that with the ludicris energy costs, and the tax increases that she's going to have to implement and we're going to see people fleeing that province.
Its going to be interesting to see how far that union support goes, Wynne lied to the Ontario voters and the unions about what she's going to do to get the budget back in line, she's going to have to gas the civil servants, put massive wage reductions and freezes into effect on the civil servant. At least Hudak was honest about it.
Moody's is going to downgrade Ontario's credit rating which is going to add something like $3 billion a year to Ontario's budget.
I laughed at someone that said that Ontario's spending is out of control, they're debt to revenue ratio is about 240%, that's the worst in this country by a long shot. 10% of their revenue goes towards interest payments and that's going to bump now by quite a bit.
On top of that Moody's basically stated that they will certainly reduce the Ontario rating because they looked at Wynne's budget as basically stupid, and Wynne is now going to charge ahead with it unopposed.
Wynne hasn't done a good job to this point, that's not going to change, she's created a little version of Greece in this country, and after 11 years in government Ontario is going to have to soak in that.
I will be the first to state that I was going to vote Wildrose in the last election but changed my mind because of some of the Wildrose Gaffe's, I got sucked into the fear campaign. But the PC fear campaign was nothing compared to the terror bombing and dishonesty of the Ontario Liberal's during this campaign. But we fell for it here stupidly, and they fell for it there stupidly.
http://business.financialpost.com/20...ction-deficit/