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Old 10-05-2016, 08:20 PM   #3897
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Fuzz View Post
Just a quick check, but in 2014-15 expenses were 48.4 Billion, 2015-16 49.9B, 2016-2017 51.1B (forecast). So population growth +inflation?

Revenues went from 49.5B to 41.4 B. So it's really a revenue story, not a drunken spending spree.

A sobering look is in the 2014 budget...Oil forecasted to be about $95, the Dollar around 0.91. Woops!
Sure but what the numbers point to to is a government that has made no cuts anywhere and just increased taxes. So it's one thing to say people have to get used to a higher tax regime to replace the oil revenues, and honestly I think most Albertans grudgingly accept this. What's hard to accept is that the government isn't cutting spending anywhere.
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