Quote:
Originally Posted by Staypuft
The opposition Liberals are, as expected, not pleased.
The main argument against the budget is that there is too much spending.
Granted, they admit that if the economy stays at the level it is at, the spending will not be a problem...it only would be if the Alberta economy falls apart...but c'mon, that's not going to happen.
Other things of note are an increased post-secondary student tax credit...from $475 to $600 monthly.
Also an increase in the charitable donation tax credit up to 21% from 12%.
Aside from the paving of 2,500 kilometres of highway, there's not a whole lot of other stuff in there that will affect Joe Average.
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The things the Libs fail to mention is that if there wasnt 18 bil in spending there would be a 20 Billion dollar surplus. Also, it doenst matter if there is a leaner budget next year as the 18 Bil is one time spending allocations not a multi year commitment.
If Alberta is to be the centre of the North American Oil market in 10 years, it needs this spending now to keep up with growth.
Quite frankly, the Cons have been screwing up int he past few years with not getting this crap tended, I dislike Steddie Eddie but at least he is putting dollars to pavement here.
MYK