Comments on: BC’s budget deficit third smallest in Canada http://www.policynote.ca/bcs-budget-deficit-third-smallest-in-canada/ A progressive take on BC issues (formerly The Lead Up) Mon, 06 Feb 2012 19:05:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Wayne Wasiliew, RPF http://www.policynote.ca/bcs-budget-deficit-third-smallest-in-canada/#comment-23757 Wayne Wasiliew, RPF Mon, 19 Sep 2011 16:51:23 +0000 http://www.policynote.ca/?p=2381#comment-23757 Please sell off some forest crown land and PAY BACK THE DEBT Please sell off some forest crown land and PAY BACK THE DEBT

]]> By: BRIANCOWAN http://www.policynote.ca/bcs-budget-deficit-third-smallest-in-canada/#comment-15930 BRIANCOWAN Mon, 30 May 2011 00:57:13 +0000 http://www.policynote.ca/?p=2381#comment-15930 governments will do anything to stay in power especially going into debt. sure vote for us , no problem, we will give you what you want governments will do anything to stay in power especially going into debt. sure vote for us , no problem, we will give you what you want

]]> By: Tom Ashley http://www.policynote.ca/bcs-budget-deficit-third-smallest-in-canada/#comment-877 Tom Ashley Sat, 20 Mar 2010 05:50:21 +0000 http://www.policynote.ca/?p=2381#comment-877 I challenge the statement "However, the facts simply do not support their assertions. Yes, we have a budget deficit, but this is exactly what one should expect on the heels of a global recession that hit BC harder than our last downturn in the 1990s. Leading economists around the world agree that governments must spend in order to boost the economy and help families weather the economic storm even when this means running temporary budget deficits". Who taught you that one a banker? How are you helping families by undermining their long-term prosperity? Ever hear that saying "save for a rainy day". Or "invest in the future". Or "live within your means". Governments shouldn't have to borrow because of one or two bad years. We had 20 + years of growth, were did all that money go? You show me any sound financial plan that says borrow until you can't borrow anymore. And then borrow in your children's and grandchildren's name. Borrowing from tomorrow to pay for today is a fool's economy. And yet every nation does it. In short the government should always have a contingency fund. Money saved in the good years to pay for the bad years. Governments know full well the economy works in cycles. Why don't the banks and government follow their own advice? O they were to busy lining the pockets of the rich in the good years to save any for the bad years. You show me any household that could survive by acting in the same irresponsible way as our government. There are only two types of people that I know of that would steal from their children, they are capitalists and drug addicts. I challenge the statement “However, the facts simply do not support their assertions. Yes, we have a budget deficit, but this is exactly what one should expect on the heels of a global recession that hit BC harder than our last downturn in the 1990s. Leading economists around the world agree that governments must spend in order to boost the economy and help families weather the economic storm even when this means running temporary budget deficits”.

Who taught you that one a banker?

How are you helping families by undermining their long-term prosperity?

Ever hear that saying “save for a rainy day”. Or “invest in the future”. Or “live within your means”.

Governments shouldn’t have to borrow because of one or two bad years. We had 20 + years of growth, were did all that money go?

You show me any sound financial plan that says borrow until you can’t borrow anymore. And then borrow in your children’s and grandchildren’s name.

Borrowing from tomorrow to pay for today is a fool’s economy. And yet every nation does it.

In short the government should always have a contingency fund. Money saved in the good years to pay for the bad years.

Governments know full well the economy works in cycles. Why don’t the banks and government follow their own advice? O they were to busy lining the pockets of the rich in the good years to save any for the bad years.

You show me any household that could survive by acting in the same irresponsible way as our government.

There are only two types of people that I know of that would steal from their children, they are capitalists and drug addicts.

]]> By: Pedro Mora http://www.policynote.ca/bcs-budget-deficit-third-smallest-in-canada/#comment-682 Pedro Mora Wed, 10 Mar 2010 07:28:03 +0000 http://www.policynote.ca/?p=2381#comment-682 Budgets are not the problem, but the result of a hierarchic system which gives too much power and authority to a few vulnerable to corruption politicians. The economic ills will dissolve automatically when most citizens realize that the economic decision and budgets need to be made by individual citizens through referendum, as proposed by the nowpolling.ca society. Budgets are not the problem, but the result of a hierarchic system which gives too much power and authority to a few vulnerable to corruption politicians.
The economic ills will dissolve automatically when most citizens realize that the economic decision and budgets need to be made by individual citizens through referendum, as proposed by the nowpolling.ca society.

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