Quote:
Originally Posted by IliketoPuck
"Ceci has had to increase borrowing strictly for operations from $5.3 billion to $7 billion."
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This makes me furious.
If the government was a business, they would have been laughed out of the meeting with their financiers, and be declaring bankruptcy.
Banks sh*t bricks when you borrow to cover operations cost. Why is no one pointing that out to these idiots? It's ok because they were voted in, therefore have carte blanche to write themselves massive cheques? Or do they not understand simple financial math?
"Revenue minus costs is a negative. Hmmmm I know, let's write a cheque from our LOC to pay ourselves more! Double meat day boys"!!