We see all over the inevitable outcome of continuing down the road of trying to tax, spend and borrow our way into prosperity. Huge governments all around the world are collapsing under their own weight. While Ontario is not as troubled as Greece and Alberta is not as bad as Ontario, we are all heading in the same direction.
Don Drummond’s report could easily substitute the name Alberta for Ontario and while the figures would differ the conclusions would be just as valid.
Nanny Redford and her big-government Tories released a feelgood budget loaded with unrealistic revenue projections and spending increases for all. There is utterly no sign of long term foresight in the budget. What we see is a collection of spending promises modelled solely with the goal of getting the Progressive Conservatives re-elected at any cost.
The Wildrose Party alternative budget was better and balanced though in my view still did not go far enough in an honest pursuit of spending restraint. Still by far the Wildrose is the best of the bunch coming into this election. I can’t even begin to think how much Redford would be blowing in tax dollars without the Wildrose pressure from the right.
Our political leadership is terrified of making tough decisions and honestly identifying where to cut.
We can look realistically at our future and get spending under control now or we can travel down the road Greece is on where austerity is forced upon you and you lose choice of where to cut.
The choice is ours for now but it won’t be forever.