OH YES! IT IS a brave new LIE-beral world! And if they have their way- their wallets will be full of brave new gobs of gravy!
All this talk of the ALLEGED FUTURE benefits of electric Toy vehicles is intended to distract us from current reality and disgusting sight of ALL LIE-beral policy FAILING!
LIE-beHere is an article illustrating the lunatic fiscal mess being created by LIE-beral spendoholics! With some comments of my own in brackets):
Toronto must address growing budget gap.
From Postmedia News. Published: March 16, 2018. Updated: March 16, 2018 7:29 AM EDT
Filed Under: Toronto SUN/ Opinion/ Editorials
Related
Columnists
MALCOLM: NDP Leader Jagmeet Singh linked to Sikh rapper who promotes independent homeland
Columnists
WALLACE: Ontario Liberals preside over decade of lost economic opportunity
Columnists
GOLDSTEIN: Wynne spills the beans on carbon pricing
The City of Toronto has tried for years to be all things to all people.
Public transit service, social housing landlord, garbage collector, fire, police and ambulance service, a safety net for the homeless, welfare provider, refugee support service.
(And most of all- Toronto Silly Hall has made sure its political allies get LOTS AND LOTS OF GRAVY- gravy for pals is the CHIEF FOCUS!)
Toronto council now spends more than several provincial governments – $13 billion including operating, garbage and water, plus more for capital, some $17 billion in total.
Years of living beyond its means, however, has caught up to a council that faces a growing budget gap – as much as $1.42 billion within five years, according to a recent report by departing city manager Peter Wallace that detailed options for a long-term fiscal plan.
(Toronto Silly Hall has been forbidden to run deficits so this growing gap between what they have promised and what they can pay is IMPORTANT! As Brit P.M. Margaret Thatcher observed: “the trouble with LIE-berals is that eventually they run out of other peoples money”! For Toronto Silly Hall it’s the season of empty pockets and broken promises!)
Wallace identifies four major concerns – growing risk from volatile revenue sources such as the Municipal Land Transfer Tax; the need to modernize Toronto’s public service and services; the disproportionate share Toronto pays for provincially mandated services such as public housing and council’s growing appetite to spend public money.
(Volatile revenue sources is NOT something Silly Hall can really control. It isnt a made in Toronto -problem that China has stopped buying our recycled crap. But it IS a Toronto problem that Silly Hall has NO plan B! Its going to cost millions to deal with the sudden pile up of crap- and the city is BROKE!)
(The municipal land transfer tax gave great gravy to the city for a while- its just too Bad about the massive housing bubble and IMMENSE private homeowner debts that came with it! And now LIE-beral spendaholics are growing uneasy with the dirty looks that bankers are giving them and so the housing market- that last/best place to invest money- has been killed off by LIE-beral orders to limit the cost of a housing crash- meaning no more housing gravy for Toronto- with NO plan B in place in spite of the advance warning of other levels of govt!)
(As for modernizing public services- refresh my memory here- HOW MANY DECADES AGO did TTC plan for the Down town relief line? Two decades? Four? Or MORE than four? With nothing done because Hog gravy is more important than city services! Silly Hall is so silly over gravy they THINK that supplying gravy IS the PRIME Silly Hall Public Service! Even worse- the amount of money WASTED on planning for LRT`s and subways and Smart Tracks and Railyard Park would probably have built a nice little extension to the Shepard subway line! And the vast cost over runs for York and Up lines have definitely hampered TTC!)
(And Toronto Silly Hall can cry me a river over affordable housing! They created MTHC at fire sale prices after basically extorting title to various rental properties from landlords using rent control black mail! Apartment owners sold off their worn out and badly in need of repair buildings to the city and took their money elsewhere- leaving the City with NO CLUE where to get the repair money needed! It is typical LIE-beral IMPULSE shopping! To make matters worse- it is Silly |Hall that designated itself a “sanctuary city” and began collecting illegals as if city leaders were crazy cat ladies collecting strays! And again- NO plan how to deal with the strays since you cannot round them up and offer them for adoption!)
(Silly Hall has spending problem so severe it needs group therapy to control its fiscal OCD! Like all addicts, Silly Hall is focussed on blaming other levels of govt for not riding to their rescue- but how can Silly Hall assign blame to people they supported and encouraged? Unless they want to first admit that ALL LIE-beral policy is WRONG?)
Council and its cabal of left-wing activist Councillors have always done a far better job at squandering public funds on pet and ideologically-driven projects than in efficiently managing the city’s budget, though Wallace was more measured.
(One has to think of Ataratiri- the vast Port Lands Housing project that Silly Hall spent a billion dollars on over 20 years ago and then found out the land was too polluted for people to live on- and yet this does not stop Silly Hall from wasting tax dollars designing planned communities on the Portlands- if only somebody would give them a couple of billion bucks to clean the place up first! Twenty years ago you could get a good chunk of subway built for that money!)
(Or we could consider Gardiner Expressway- that critical piece of infrastructure that Silly Hall holds in contempt- and wishes it would fall down- they have certainly and deliberately neglected it for long enough! The cost of repairing the road relic is climbing almost exponentially and yet Silly Hall can find neither the will nor the cash to repair it- AND they lack any plan B to supply a transit and transport alternative! All the people who use it for delivery work or for commuting will one nasty day suddenly find they are out of luck while Silly Hall shrugs in fake dismay and feigned concern!)
“Increasingly, property tax is used to fund services that provide broader social benefits, such as poverty reduction, housing, and transit expansion,” he wrote.
(Toronto is solidly LIE-beral RED! Their votes were KEY for LIE-berals and their insane policies- and in return Queens Park LIE-berals gave Toronto TEN TIMES MORE per citizen in transfer payments than any other city- and still the city is BROKE! Thatcher was right- those LIE-berals DO run out of OUR money! And now Toronto is looking at a probable Conservative govt in Queens Park in June 2018 and the ONLY HOPE of Silly Hall is that Ford gets a minority govt- otherwise the cosy little LIE-beral deals with Toronto will DIE! Along with LIE-beral govt- and guess what- Silly Hall has NO PLAN B!)
As a consequence things are, if not falling apart, in chronic disrepair. There’s some $30 billion needed for unfunded capital projects over the next ten years.
Meanwhile, not all of Toronto’s fiscal woes are the city’s doing.
Former Premier Mike Harris uploaded education expenses to the province in 1998 and downloaded services such as welfare, public health and social housing. Toronto now provides 90% of all public housing in the GTA.
(And just HOW LONG has Harris been gone? And yet somehow its all his fault STILL that Toronto and Ontari-owe are dead broke? LIE-berals have a second career as stand up comics! LIE-berals have been in power for 15 years and have succeeded ONLY in doubling our debt and turning us into a have not province! Yes- the former economic engine of Canada now gets federal pogey like Newfie fishermen mourning their lost Cod! LIE-berals have created a rich fantasy world in which our “booming economy” is somehow being crippled by immense job killing govt debts and idiot job killing revenue tools and colossal household debt so severe its all scaring our creditors! And yet NONE of this is seen as a LIE-beral created problem? HAHAHAHAHA!!!!!)
The swap was supposed to be revenue neutral and a “living” agreement, but wasn’t. And the Liberals never bothered over 15 years to fix the agreement they complained bitterly about in opposition.
(Hypocrisy is the order of the day! For ALL our silver spoon socialist “leaders”!)
Kudos to Mayor John Tory and council for looking ahead and developing a long-term fiscal plan.
(Oh right- its that October 2018 municipal election staring them in the face- with a whole lot of NOTHING having been fixed, replaced or improved in four years of Jackass John Tory reign! And the worst of it is that in 2015 I SAID Jackass John was a human jellyfish- lacking the spine to defy civil service union Hogs and get anything useful done- and I do NOT count closing off King St as anything useful! The only thing he can point to as a legacy is his little parking blitz- that did help traffic a little!)
However, unless city councillors reign in their spending addiction, and unless the province fixes the social service funding mess it created there’s little chance Toronto will avoid a looming funding crisis.
(Oh don’t worry- “the province” WILL fix its funding service mess- people like Doug Ford and Andrew Sheer will do all they can to shut down the blood sucking civil service Hog greed that is behind every funding problem we face- at ALL FOUR levels of govt!)
ral policy is spinning like turds in a flushed toilet! Consider: