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Originally Posted by temple5
Am I correct in assuming Ontario's budget is revenue neutral or positive with a 25yr plan to pay off any remaining debts and cover liabilities? If so then this is a great move to spend the excess revenue they are receiving. Personally I would have spent that extra money on one time infrastructure upgrades because who knows if they will have this extra money next year.
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Nope they may have balanced the budget based on some highly optimistic revenue figures. However there is nothing in the budget to pay down the debt so its just going to keep growing.
Its pretty much a shell game BS budget just in time for an election, and if the Liberals win and a deficit happens again, its not another lie, its a whoops math is hard moment.
Basically all of these hotshot announcements, the Basic Income experiment, this prescription drug plan, this shaky budget, the rent and home controls announcement etc, are all part of an election plan where Wynne will be able to cry on stage and say, if you let the other parties win, they'll take this all away.
I hate Politics because its all so much BS, the Cons, the Libs, the NDP all share a similar philosophy, its not about the good of the people, its about getting re-elected, spend promise and then deal with the falling rubble later if we win, but if we don't F-em.
At the end of the day, to pay for all of this "Stuff" the government in Ontario will jack up taxes again, and the people that are on the bleeding edge of surviving will fall.
At some point there's going to have to be a balance of taxation, social programs and even pay per fees especially in Ontario who's main industry sector is being eyed up by the States like a Horny Teen eyeing up a cheerleader.