Monday, February 10, 2014

EXPORTING WYNNE/McGOONTY FISCAL PHILOSOPHY???

Great Liar Kim Dong Wynne’s flip-flop on paying off deficit

As the Canadian Taxpayers Federation points out, that means the provincial debt is now rising at the rate of almost $1 billion a month ($978.6 million), $225.8 million per week, $32.17 million per day, $1.34 million per hour, $22,342 per minute or $372 per second.

Paying interest on that debt — without paying off any of the principal amount — costs Ontario taxpayers $10.6 billion annually, which is the province’s fastest growing expenditure and its third largest expense after health care and education.

Despite this, Premier Kathleen Wynne’s Liberals have shown zero interest in balancing the budget, even though they named it as their top priority in last year’s budget.


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About Me

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I lean to the right but I still have a heart and if I have a mission it is to respond to attacks on people not available to protect themselves and to point out the hypocrisy of the left at every opportunity.MY MAJOR GOAL IS HIGHLIGHT THE HYPOCRISY AND STUPIDITY OF THE LEFTISTS ON TORONTO CITY COUNCIL. Last word: In the final analysis this blog is a relief valve for my rants/raves.

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