Quote:
Originally Posted by Vedder
I mean, borrowing to fund your operating budget is stupid. Not sure why you’re mocking those who criticize it.
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The sheer ####ing hypocrisy is why I'm mocking it. Slava simultaneous
absolutely cannot forgive the NDP for their "cardinal sin", yet nary a peep about the financial mismanagement of the UCP government other than a sheepish "
well, I'm not planning to vote for them either...".
Yes, the provincial debt did go up a lot under the NDP. They racked up $32B in budget deficits over four years.
The UCP racked up another $29.1B in their first
two years. And they were forecasting another $18.2B deficit in fiscal year 2021-22, which they only managed to avoid because revenues ended up being $25B more than forecast through essentially no creditable action on their part
whatsoever! And now this year they're forecasting an almost $12.3B surplus because—surprise!—resource revenue is forecast $22.7B higher than it
ever was in any given year 2015-2019.
Just so we're all clear on what actually happened (all figures in millions of $):
Can we finally put this bull####-####ing-narrative that "the NDP are fiscally incompetent" to rest? 2019-2020 was self-inflicted stupidity on a scale far worse than the NDP EVER did.