Ontario Debt By Premier

[Locutus]

This is why we need change in Ontario.


The NDP under Bob Rae blew open the debt following David Peterson


The Liberals under McGuinty blew open the debt following the Harris/Eves governments


And the Liberals under Kathleen Wynne are so fiscally irresponsible that they are worse than heavy spender Dalton McGuinty. Wynne is not a Liberal. She is a hard core socialist.




Ontario Debt By Premier - OfficiallyScrewed.com

 

[lone wolf]

I'd like to see a similar graph with regards to a loaf of bread

 

[eh1eh]

I'd like to see a similar graph with regards to a loaf of bread

The rises coincide with the economy. Blue or Red we're effing dead. Orange, we're buried.

 

[Sal]

I'd like to see a similar graph with regards to a loaf of bread

I'd like to see a true picture without a slant... where did the money go and why...when there were cut backs who suffered...graffs mean nothing if we don't know why...

 

[damngrumpy]

When we use the word debt we denote it as a bad thing outright these days
When applied to politics we assume the debt provided nothing in return.
Both are assumptions and not always correct. If he debt went to reducing
taxes and services it was wasted money. If it went to services along to keep
the status quo it was wasted money.
If the debt came about because it invested in small business through invocation
and it provided services with the added value of training programs and other
net benefit resources it was an investment in the future that would see money
coming back in the future it was money well spent.
I don't regard debt as a plus or minus unless I know what it was spent on
The other issue with this is what did each premier do before the other came to
power sometimes leaders coming into power are saddled with the programs and
direction of those who came before those are other factors we have to know before
making a value assessment. Also add the direction or lack of same by the Feds
in their programs
I didn't see any of those factors listed here .

 

[JLM]

This is why we need change in Ontario.


The NDP under Bob Rae blew open the debt following David Peterson


The Liberals under McGuinty blew open the debt following the Harris/Eves governments


And the Liberals under Kathleen Wynne are so fiscally irresponsible that they are worse than heavy spender Dalton McGuinty. Wynne is not a Liberal. She is a hard core socialist.




Ontario Debt By Premier - OfficiallyScrewed.com

It's a "Catch 22" situation. For a premier to get/stay elected he has to knuckle under to the whims of the electorate and the electorate's demands all cost money, which they bitch about when their taxes go up. Of course inflation is one of the main culprits as the more you feed it the worse it gets. The only way to win this dilemma is to devalue the dollar to 10 cents and legislate every thing else in line accordingly. It's insane...............$2 for a cup of coffee, $3 for a loaf of bread, the whole retail industry is nuts!
P.S. "Devalue" is probably the wrong word, increase the value of a dime to a dollar is more what I had in mind.

I'd like to see a similar graph with regards to a loaf of bread

Now we are hearing a little sense!

 

[Retired_Can_Soldier]

Not far from my house there are a number of dormant windmills. The guy who agreed to put tem on his property is getting paid approximately 50 K per windmill annually. Those windmills were erected too close to another farmers property line and now sit dormant because there is a court injunction prohibiting their use until the court decides whether they need to be torn down.

The good news is that the farmer still gets his annual 50 k per windmill. I'm thinking about letting them put one in my backyard and having the neighbors bitch. I could pay them each a couple G's, keep the rest for myself and we could dress it up as a Christmas tree every year.

 

[DaSleeper]

And we wonder why Hydro rates are going up?

 

[Retired_Can_Soldier]

And we wonder why Hydro rates are going up?

It's Mike Harris' fault

 

[JLM]

And we wonder why Hydro rates are going up?

Of course it would have absolutely nothing to do with Hydro employees wanting a raise in pay! -

 

[Retired_Can_Soldier]

Of course it would have absolutely nothing to do with Hydro employees wanting a raise in pay! -

It would have a lot to do with spending way too much money on green energy endeavors that were poorly thought out. BTW the vast majority of these windmills were rammed into Tory friendly ridings, not Liberal friendly. The billion dollar gas plant debacle was to save four Liberal seats.

 

[DaSleeper]

Of course it would have absolutely nothing to do with Hydro employees wanting a raise in pay! -

When Hydro has to pay premium rate ( somewhere around $.80 per kilowatt at the beginning of this foolishness) for the green electricity going into the grid because of the green incentive....who the hell to you think ends up paying for it?

 

[BornRuff]

It would have a lot to do with spending way too much money on green energy endeavors that were poorly thought out. BTW the vast majority of these windmills were rammed into Tory friendly ridings, not Liberal friendly. The billion dollar gas plant debacle was to save four Liberal seats.

The windmills are not some plan to screw the Torries. It is just a fact that rural ridings tend to be more right wing, and it is pretty hard to put a massive windmill in a densely populated area.

The green energy act is a drop in the bucket. The real issues with hydro costs stem back to the choices made by the Harris government to create the massive, wasteful, energy bureaucracy that we have today.

They also sold out taxpayers by "balancing" the budget by selling off assets like the 407 and giving the private entity way to much power over consumers.

The Liberals under McGuinty blew open the debt following the Harris/Eves governments

And the Liberals under Kathleen Wynne are so fiscally irresponsible that they are worse than heavy spender Dalton McGuinty. Wynne is not a Liberal. She is a hard core socialist.

The debut only ballooned after the financial crisis. There is no reason to think that any other government would have acted differently. In Ottawa, with Harper and Flaherty dead set against deficits, they ran the largest deficit in Canadian history after the recession hit.