What to do about . . . Ontario?

[chemgear]

Austerity in Ontario! Let the migration of rioters from Vancouver to the "Centre of the Universe"(TM) begin!

. . . kick them outta Canada and force them to revert back to their original currency . . .


http://news.nationalpost.com/2012/02...rummond-warns/

Canada’s largest province has been forced to deal with the fallout from a struggling economy that has shed thousands of manufacturing jobs, contributed to shrinking revenues and crippling debt servicing charges that amount to $10-billion annually.

Last December, ratings agency Moody’s lowered the province’s outlook from “stable” to “negative” and warned Ontario needed to take drastic measures to control its expanding debt load.

Ontario is living beyond its means right now, Mr. Drummond said in a news conference.

Spoiler!

[calumniate]

Great looking chart! I wonder how much money was spent on that? Sure beats excel..

[Azure]

Some of the recommendations are actually pretty good. Talking about that 500+ page report released today.

They have to do something. Unlike Alberta, they don't have the energy industry to allow them to spend money like drunken fools.

[CaptainCrunch]

That's the second report like this that I've seen recently the other one involved how bad things were getting in Quebec.

[OffsideSpecialist]

As much as people hated Mike Harris, I think he made a lot of necessary cuts in the province. I don't think we are going anywhere better with a guy like McGuinty as premier.

[Table 5]

Originally Posted by calumniate

Great looking chart! I wonder how much money was spent on that? Sure beats excel..

So anything that looks good and is automatically a waste of money? You must lead a sad life.

If it was an Excel chart, half the people wouldnt be able to read it, and the other half wouldn't even bother.

[chemgear]

Originally Posted by Table 5

So anything that looks good and is automatically a waste of money? You must lead a sad life.

If it was an Excel chart, half the people wouldnt be able to read it, and the other half wouldn't even bother.

Indeed, I found it actually rather interesting - certainly gives the big picture at a quick glance but also allows further digging to see how the money is spent/gotten. But then again, I like that sort of thing/numbers.

[Azure]

Originally Posted by Table 5

So anything that looks good and is automatically a waste of money? You must lead a sad life.

If it was an Excel chart, half the people wouldnt be able to read it, and the other half wouldn't even bother.

They probably spent a pretty penny on that report that was released today. And it is absolutely worth it. Government should have outside reviews like that done all the time. Even if it costs.

[Jacks]

Originally Posted by calumniate

Great looking chart! I wonder how much money was spent on that? Sure beats excel..

Originally Posted by Table 5

So anything that looks good and is automatically a waste of money? You must lead a sad life.

Did I miss something? Where did he say it was a waste of money?

And why the need to throw an insult in there?

[Cowperson]

Originally Posted by calumniate

Great looking chart! I wonder how much money was spent on that? Sure beats excel..

The National Post just won an award as the best designed newspaper in the world. I think the graphic is from them.

Cowperson

[Resolute 14]

Originally Posted by Azure

They have to do something. Unlike Alberta, they don't have the energy industry to allow them to spend money like drunken fools.

And even though we have the energy resources to spend like drunken fools, our government needs to get its act straight to avoid having this scenario loom in our future.

[Azure]

Originally Posted by Resolute 14

And even though we have the energy resources to spend like drunken fools, our government needs to get its act straight to avoid having this scenario loom in our future.

I posted in the other thread about the Alberta PCs that Alberta needs to have a review like this done to figure out what is actually going on.

I have a hard time believing that they can constantly increase spending and actually know how well the money is being spent.

[Cheese]

Dont you guys worry about us Ontarians...we had a meeting last week and decided if it gets much worse we are all just going to haul a$$ to Alberta! We hear there is oil in them thar hills!

[grizz29]

They should be glad they have someone like Alberta in the "family".

[Cheese]

^^^ hell ya's...we gonna tax then oil riches and then we will be rollin in Gold!

[Cowperson]

Originally Posted by Cheese

Dont you guys worry about us Ontarians...we had a meeting last week and decided if it gets much worse we are all just going to haul a$$ to Alberta! We hear there is oil in them thar hills!

Like the Grapes of Wrath. . . . .

All of this has happened before and all of this will happen again.

Cowperson

[onetwo_threefour]

All that money spent on a chart with mistakes. That expenses versus revenues for the 2009-2101 year is sure interesting.

Also, who says 108,789 million? why not say 109.787 billion. Are decimals too hard? (Especially when right next to it they use a decimal to say it's 335.9 million higher, why not just say 335,900 thousand higher if that's how you're doing it?)

[FlamesAddiction]

While being in the red is not a good thing, it's not the end of the world. They make it sound like there is no way to recover, but the truth is, there are numerous areas where they can cut to save. It's not like it isn't a province that doesn't have revenue coming in. It's a wake up call though. I think the province has temporarily hit its carrying capacity.

[Scotian Lotion]

Sweet. I'm abandoning the S.S. Ontario in two weeks.

Great timing if I must say so.

[calumniate]

Originally Posted by Table 5

So anything that looks good and is automatically a waste of money? You must lead a sad life.

If it was an Excel chart, half the people wouldnt be able to read it, and the other half wouldn't even bother.

I didn't say that at all. I thought it was a great chart.