Quick: what have-not province is facing down a $17,000 per capita debt, spending 10 cents on the dollar on interest payments, and risking a downgrading of its credit rating?
If you automatically replied “Quebec”, guess again. It’s… Ontario.
From economic engine to fiscal basket case, Ontario has come a long way under the tenure of Premier Dalton McGuinty’s Liberal government. True, the Progressive Conservative administration of Ernie Eves left a pool of red ink to mop up, but once that was done, the Liberals just couldn’t stop spending… and spending… and spending. Since taking office in 2003, program expenditures have soared by 90.5%, well beyond the rate of inflation and population growth.
Thursday, March 24, 2011
A Broke Ontario Makes Us All Paupers
Tasha:
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3 comments:
Your just saying that cause it's true.
Besides it is Mike Harris' fault.
90% in eight years is amazing. Premier Dad should be giving me my allowance.
what the F! Harris has been gone for 8 years, and he left us with a balanced budget even though he had to clean up after the Bob Rea experiment and absorb the billions of expeditures transferred from the Federal Liberals...so they could run around saying..Look we balanced the Budget!
Pull your head out of your posterior and try reading something other than the globe and the star... The LIBERALS OWN THIS COMPLETELY!
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