I just realized that we've hijacked the federal thread with provincial talk, perhaps we should switch threads?
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Originally Posted by Senator Clay Davis
Couldn't tell you how it will benefit. We haven't actually seen what's going to happen yet. If you know even the slightest bit about politics, you know there's a -100% chance their platform will completely be adopted. It's never happened before, ever, by any political party in my lifetime. So once again here, it's almost a given not everything they say they'll do will actually get done. Usually its in about the 40-60% range.
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Yes, I realize this. The Alberta government has been overspending since the early 2000s. Our per capita expenditures are off the charts. Almost every NDP policy plank that isn't related to tax increases involves increased spending. What's worse is that most of the increased spending is operational rather than capital in nature. Based on their platform, I don't foresee an increase in the type of infrastructure investment that would be beneficial for economic growth and soften the blow of the rest of their incoming fiscal policy.
Even if half of the platform planks are implemented in government policy, it will have a negative impact on the province.
Quote:
Originally Posted by Senator Clay Davis
That said, you seem to strongly believe the absolute worst is coming. Fair enough...so have you planned your move out of the province yet? If you seriously anticipate an economic calamity is coming, I assume you're planning on moving right?
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Great contribution to the discussion!