Nova Scotia Headed For Bankruptcy

Mowich

Hall of Fame Member
Dec 25, 2005
16,649
998
113
76
Eagle Creek
Does anyone believe NS will avoid bankruptcy? Currently our debt is over 13 billion and we spend $900 million a year just on interest.

The NDP are spending like drunken sailors on shore leave, giving unions everything they want and proposing tax increases to pay for union raises, new government jobs and servicing our debt ...and this will go on for another 4 years as the NDP have a majority.

Why would any business choose to set up in Nova Scotia with a crushing and growing debt crises? Without the private sector growing who's going to pay off the debt and support the growing public sector?

Begging Ottawa for handouts will only go so far...guess thats fine for all those in the public sector.

Does anyone seriously believe we will be in better shape 5 or 10 years from now?

No, really? The NDP is driving up the debt??? Too bad NS didn't learn the lessons that BC did under their NDP government.
 

TenPenny

Hall of Fame Member
Jun 9, 2004
17,467
139
63
Location, Location
The NDP are spending like drunken sailors on shore leave, giving unions everything they want and proposing tax increases to pay for union raises, new government jobs and servicing our debt ...and this will go on for another 4 years as the NDP have a majority.

Is that why they got rid of something like 200 teachers, because they're doing what the unions want them to do?

The TransCanada Highway

Sorry, but the TCH in New Brunswick has been sold to private industry. And parts of it were built with public money.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
I know a little about NS politics and spending and I would suggest you might take a look at the
past before blaming the NDP in this case. Prior to the New Democrats coming to power the
previous governments both Liberal and Conservative, did the debt thing until it was out of control.
People were not paying the full shot for power and a host of other services.
The NDP is determined to balance the books but its hard when for more than three decades the
provincial governments never got around to it.
I am not saying the government is perfect but when cleaning up a mess its hard to do all in one
shot. Remember Saskatchewan? Grant Devine and his Tories came to power and they ran up
a bill of 22 billion in only nine and a half years. The NDP cleaned up that mess and it took a while.
Yes NS is in a mess but it is a cooperative effort of every government that has been in power for
the last forty years actually. To suggest otherwise is simply not being in touch with reality.
Before crying at the wailing wall about the end of the world, remember in other parts of the
country where the NDP have been things are pretty good. In Saskatchewan when the New
Democrats left power they had produced sixteen balanced budgets in a row, and take a look at
Manitoba they have had the NDP for over a decade and they have one of the strongest economies
in the country. Facts are always much better than propaganda.
And no I am not saying the NS Government is perfect but to suggest its all Dexter's fault is just plain
silly. And no they won't go bankrupt not even close, if they were Standard and Poors would be
issuing warnings. and they are not. It will be a brighter day though when the present government
finally cleans up the mess that has been piling up for decades.
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
150
63
No, really? The NDP is driving up the debt??? Too bad NS didn't learn the lessons that BC did under their NDP government.

Did you skip the rest of the thread? Like my link that showed an NDP budget surplus in NS? That is the opposite of driving up debt, the NDP has cut costs.
 

cranky

Time Out
Apr 17, 2011
1,312
0
36
If the government can not run something at a break even, when a private company can run it at a profit, then the government should privatize it. it really is that simple.
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
150
63
If the government can not run something at a break even, when a private company can run it at a profit, then the government should privatize it. it really is that simple.

Yeah, maybe they should be as ruthless with the bottom line as some for-profit businesses, that's a fine model for civilized society. A severed arm, ahh well too bad, the hospitals are closed today to cut costs. Should have waited until tomorrow...wrap it up and hope for the best.
 

cranky

Time Out
Apr 17, 2011
1,312
0
36
Yeah, maybe they should be as ruthless with the bottom line as some for-profit businesses, that's a fine model for civilized society. A severed arm, ahh well too bad, the hospitals are closed today to cut costs. Should have waited until tomorrow...wrap it up and hope for the best.

In my case, I registered for a government provided surgery in Alberta, they put me on a waiting list of 1400 patients waiting for 100 surgery slots per year, with a waiting list of 14 years, access to the publicly funded surgery was practically impossible.

So I called a private practise in Toronto, Vancouver, Winnipeg and Halifax. They were all ready to take me within 2 weeks of my phonecall.

Too bad, Alberta is one of the few places that is willing to pay for the surgery, because as long as they pay for it, it is against Canada health act for a facility like Toronto's to open in Alberta.....There is actually a Doctor in Alberta that wants to open a facility but he is not allowed to because it is "illegal".

....essentially, public support for a procedure that is normally not funded, was actually forcing Alberta patients to go out of province to self pay, rather than stay in province and self pay.
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
150
63
In my case, I registered for a government provided surgery in Alberta, they put me on a waiting list of 1400 patients waiting for 100 surgery slots per year, with a waiting list of 14 years, access to the publicly funded surgery was practically impossible.

14 years? For what? My BS detector is flashing mad. Anyways, you don't go on a waiting list for emergency surgery...this isn't about health care, it's about the ludicrous notion that a government should be run like a business. Outsourcing jobs to places of lower labour costs? How does that compare to essential services?
 

cranky

Time Out
Apr 17, 2011
1,312
0
36
14 years? For what? My BS detector is flashing mad. Anyways, you don't go on a waiting list for emergency surgery...this isn't about health care, it's about the ludicrous notion that a government should be run like a business. Outsourcing jobs to places of lower labour costs? How does that compare to essential services?

To me it is about a public health procedure that is fully funded, making it impossible to access the procedure unless the patient leaves the province and goes to another province. And, its about stopping doctors from establishing the same service in the province of need. Pretty cool. HUh? They have this neat little pilot project that gives them bragging rights, yet, the patient's needs are being met by other provinces.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,267
14,263
113
Low Earth Orbit
Getting warts removed isn't a high priority.

in SK you'll wait about a year for a shiny new knee or hip. Spinal fusion, about 5-6 months max. MRI takes about 2 weeks wait.

Things can't be that ****ty in AB.
 

cranky

Time Out
Apr 17, 2011
1,312
0
36
Getting warts removed isn't a high priority.

in SK you'll wait about a year for a shiny new knee or hip. Spinal fusion, about 5-6 months max. MRI takes about 2 weeks wait.

Things can't be that ****ty in AB.

yes, but did you know that SK requires all sleep apnea patients to visit the hospital for their evaluation? Waiting lists have grown to 4 years, most patients are leaving the province to get tested. In any other province, you can be privately tested in about 1 week, and the hospitals are freed up to review the most serious cases.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
Many people might be interested in this story. Originally people thought the NDP in
Nova Scotia was spending money like drunken sailors and wasting all kinds of money.
Well the proof is in the pudding as they say. I was in Nova Scotia no business for the
past several days. And what do I hear, and see? The NDP have in fact put an end
to the wasteful spending of the past and they have stopped the deficit spending and
debt cycle that has plagued that Province for years. Nova Scotia NDP produced a
569 million dollar Surplus, that is right a Surplus, when the final figures rolled in.
Nova Scotia is not headed for Bankruptcy at all they are turning the corner and the
final numbers are proving much better than anyone thought.
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
113
Vernon, B.C.
Many people might be interested in this story. Originally people thought the NDP in
Nova Scotia was spending money like drunken sailors and wasting all kinds of money.
Well the proof is in the pudding as they say. I was in Nova Scotia no business for the
past several days. And what do I hear, and see? The NDP have in fact put an end
to the wasteful spending of the past and they have stopped the deficit spending and
debt cycle that has plagued that Province for years. Nova Scotia NDP produced a
569 million dollar Surplus, that is right a Surplus, when the final figures rolled in.
Nova Scotia is not headed for Bankruptcy at all they are turning the corner and the
final numbers are proving much better than anyone thought.

So the O.P. is bullsh*t then?