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Originally Posted by calgarygeologist
75%? Hasn't spending gone from about $60B in 2019 to $85B in the most recent budget? Math is hard but that is far from 75% and the growth in that timeframe is pretty much in line with every government across Canada.
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The good news is we’re both wrong. When I posted that I was going off memory and thought that the last NDP budget ended up around $50B when in reality revenues were around $48B expenses ended up around $56B. Since we’re talking about ballooning expenses under the UCP I think that it’s worth noting those expenses were almost identical to the previous year’s expenses.
The $60B in expenses that you’re referring to was from the UCP’s first budge which I thought it would be obvious isn’t the last budget of the previous government but I guess you’re finding it challenging to come to terms with that concept. Based on the UCP’s track record, short of a massive surge in oil prices I think spending will exceed their estimate this year but for the sake of argument let’s assume your $85B figure ends up being accurate.
That’s still an over 50% increase to expenses from the previous government’s last budget without having much to show for it. For someone like yourself who if I had to guess probably complained that the NDP were spending like drunken sailors during their term, wouldn’t that make the increase even worse by default?
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Who should we be learning from and emulating?
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Not that I’m suggesting we do all of these things but oddly enough if our provincial corporate and personal income rates moved to the average of those across the other provinces and we implemented a PST based on the average across those same provinces we’d probably have a surplus.
But as you pointed out I’m bad at math so if you could explain to us why your plan of pretending the UCP are doing a great job despite growing debt and expenses is a better plan fiscally in comparison to trying to have a rational conversation about the problems and trying to come up with solutions I’m sure that I’ll enjoy reading that.