Raising taxes during a recession is a disaster.
The issue isn't that the government is stabilizing/stimulating the economy using fiscal measures during said recession, ie. by spending and growing. This is a good strategy. But in order to make this type of policy work, the government should have been generating savings and paying off debt during the boom years, so that they have room to borrow and stimulate during the bust years. So that they wouldn't have to raise taxes during the recession. The PCs were too complacent and screwed up to have the long term vision and clarity on this.
Furthermore, after fiscal stimulus during the bust years, gov't then needs to lower spending and shrink during the boom years in order to fight growing inflation and costs. This will never happen due to unions, populism and entitlement from the NDP crew.
What we need is a socially progressive, fiscally conservative party with a long term vision to manage the province through multiple stages of the boom/bust cycle. Is this so much to ask?
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