14 August 2007

The absence of a strategy is not a strategy

Budgetting to spend every nickel that comes in, while putting token amounts toward reducing the highest per capita debt in the country isn't a fiscal plan, it's a political plan.

Spending public money may bring political success, but financially, it's likely to be a disaster.

The provincial government's current "strategy" is to boost public spending at twice the rate of inflation or more.