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NDP And Carol James Plan to Increase Public Debt

Posted by the dood on Wednesday, April 1st, 2009

If elected, Carol James and the NDP plan to significantly increase BC’s public debt.. because it is “relatively low”. Does that even make any sense? That’s like saying that because you only have $1000 on your credit card you should put another $9000 on because you have a $20,000 limit rather than budget. Sure that’s fine if you’re a regular joe (though financially irresponsible), but for someone who is supposed to be responsible government that doesn’t seem like the best announcement to make.

I guess that’s how the NDP plans to promise all these things to BC residents without seemingly any reprecussions. Then in 5-10 years, when we are in over our heads, we’ll have to pay for it or our kids will. I guess its all about instant gratification rather than financial responsibility.

Reference:
http://www.governmentcaucus.bc.ca/…

This entry was posted on Wednesday, April 1st, 2009 at 9:27 am and is filed under News and Reviews. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “NDP And Carol James Plan to Increase Public Debt”

  1. Campbell Government held a press conference announcing that they plan to run a defecit for the next three years. Cost overruns at countless olympic projects are being paid for through your taxes via the Campbell Government. We’re already in the red and your children will be paying for this for years to come too. Don’t forget this, please.

  2. Good to know. I’ll never forget it. Curious then.. if NDP takes over, will they be abandoning all the Olympic projects?

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