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Originally Posted by Tinordi
It's actually very sound to be running deficits in tough times and trimming back in good times. See the wreckage of austerity in Europe for a poignant exhibit.
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But there's little reason to believe Alberta will return to the 'good times' that we saw during the boom. At least not in terms of royalty revenues.
Quote:
Originally Posted by Tinordi
But if you're concerned with the total bill then why blame the NDP? They've been in government 18 months of the previous 50 years.
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You're just being a contrarian now. The reason people vote new parties into power is to change or fix the policies of their predecessors. Relying on windfall energy royalties to fund day-to-day operations was bad policy by the Conservatives. The consequences of that bad policy has come home to roost, and now it's up to the NDP to fix it. They're the government now, and need to act like adults. If they don't, we'll see the Wildrose take power. And then Alberta public servants will learn what austerity really means.