Wednesday, February 4, 2009

B.C. BUDGET DEFICIT

B.C. will have a Budget Deficit  this year and next at least. How fast he can turn around and recall parliament and repeal the balanced budget law of 2002 that was passed with much fanfare. 

We are stuck with billions of dollars of expense to host the Olympics, we won’t even know how much until the Olympics are finished. I expect the government will never admit to most of it being other than a normal run of the mill infrastructure cost. I don’t yet know how they will disguise the cost of Games Security but I expect they will come up with some story. Being upfront with the public in the first place would have been more palatable, at least in my view.

The Liberal government doesn’t have to concern themselves with not getting re-elected, simply because there is no viable alternative to them. 

The embarrassment of breaking his own budget law doesn’t seem to faze Mr. Campbell in the least. I expect his biggest regret is there will be a $9,000.00 holdback on his salary, unless he repeals that part of the legislation as well.



Trivia - It is illegal to wear spurs while walking through a hotel lobby in Phoenix, Arizona.

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