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28 March 2013

Budget downs and ups #nlpoli

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Earlier this year, our government projected a deficit for 2013-14 of $1.6 billion.  We are now forecasting that the deficit has been sign...
27 March 2013

The Debt is Passed: Budget 2013 #nlpoli

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[Note – see below] The throne speech promised that the same Conservative financial management that produced the current financial mess wou...
26 March 2013

The debt is passed #nlpoli

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Monday’s throne speech was so bad that people started making fun of it almost immediately.  On Twitter a few of us tried changing lines from...
25 March 2013

Oil Revenues, Surpluses, and Deficits #nlpoli

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The Newfoundland and Labrador Federation of Labour hired the Canadian Centre for Policy Alternatives to issue a report on the upcoming prov...
22 March 2013

House of Cards (Part B) #nlpoli

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Continued from Part A Terry Lynn Karl is the author of The paradox of plenty: oil booms and petro-states. , one of the best known books o...

House of Cards (Part A) #nlpoli

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_______________________________________________ This is the third in a four part series on the current financial crisis the provincia...
21 March 2013

Rentierism at the national and sub-national level #nlpoli

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_______________________________________________ This is the third in a four part series on the current financial crisis the provincia...
20 March 2013

Other People’s Money #nlpoli

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_______________________________________________ This is the second in a four part series that offers an interpretation of the current...
19 March 2013

Structural Versus Cyclical: a quick look #nlpoli

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Is the government facing a structural or cyclical deficit? Good question.  Their economist says it is a structural problem but his comment...

The Origins of Rentierism in Newfoundland and Labrador #nlpoli

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______________________________________________ Over the next four days, SRBP will offer an interpretation of the political underpinni...
18 March 2013

Hobson’s Choice #nlpoli

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The provincial Conservatives love to spend public money.  That doesn’t sound very conservative and it isn’t.  Politically, the provincial ...
15 March 2013

After ever after

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-srbp-

Not so funny now, is it, Peter? #nlpoli

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-srbp-
14 March 2013

The Wrong Tool #nlpoli

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About two thirds of the people in the province who file tax returns earn less than $35,000 a year before taxes. It’s the kind of detail th...
13 March 2013

Land of Confusion meets World of Hurt #nlpoli

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From Tuesday’s Hansard comes this chilling reminder that even the Premier has no idea what is going on with the province’s finances. Mr. ...

The Ongoing Net Debt Fallacy #nlpoli

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In a post that starts out about Muskrat Falls, the Telegram’s James McLeod does a fine job of laying out some basic information about debt,...

The Arse that Laid the Golden Turd #nlpoli

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The provincial cabinet has been burning the midnight oil the past couple of nights.  Literally.  Late night sessions that ended God-know...
12 March 2013

Are you ready for this again? #nlpoli

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It seems like only yesterday that the young man from the Pearl was the mayor of the cozy city. -srbp-

Tories below 30 #nlpoli

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By now you’d be living in a cave if you hadn’t heard any news of the latest Corporate Research Associates poll. The NDP are slightly ahead...
11 March 2013

More and Less #nlpoli

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Finance minister Jerome Kennedy is supposed to know about the economy and stuff. During an interview with CBC provincial affairs reporter ...