The problem we have is not a lack of options and opportunities to sort out the government finances ourselves. The problem facing Newfoundland and Labrador is that the leading people of the province, not just the politicians but all the leading people, don't have the stomach for making the kinds of decisions needed. They don't even want to talk about sensible things. They talk about foolishness like Equalization or fight against imaginary "austerity" instead.
SRBP, "Sovereignty", January 2017
Lately, Alberta economist Jack Mintz likes to remind Canadians that Alberta is pissed off with the federal
government. The Alberta government is
running massive deficits but Mintz thinks Ottawa is to blame, not, you know,
the provincial politicians who actually made the decision to spend more
provincial tax money than the provincial government takes in.
Mintz turned up in the Toronto
Star and CBC Radio last week pushing Ottawa to bail out Newfoundland and Labrador. He’s hooked up with a shadowy new outfit calling
itself the Schroeder Institute that also launched itself last week with a
campaign to get Ottawa to funnel money to Newfoundland - as Schroeder’s Twitter
feed keeps calling it – to stave off financial catastrophe in the province.
Then local musician and business owner Bob Hallett
took 2,000 words on CBC’s local website to deliver the same message: Newfoundland’s financial mess is Ottawa’s
responsibility to clean up.
That’s a wonderful sentiment sure to get lots of
support from people in Newfoundland and Labrador who are worried about their
future. Sadly for those people, Schroeder,
Mintz, and Hallett rely on a string of old fairy tales that have been long
debunked – not to mention stuff that is just wrong – to make their case. They
also are a reminder that wisps of air and pixie dust are a piss-poor foundation
for successful policy against very real problems. That
is, after all, how Newfoundland *and* Labrador got into its current mess in the
first place.