Don't they look thrilled and deliriously pleased with themselves! They have just tabled a budget with a mammoth $96 billion debt and a deficit $8.8 billion -- and no plan to pay it off! In addition, the province will pay $2 billion in annual interest on the debt, estimated to be $54 billion in the new budget year. I mean, we're a dinky, little province of only 4 million. How did it get this far??!!
So, the government is borrowing money to pay interest on money it has already borrowed! Seriously! Deficits apparently will continue through to 2022-2023. But the province also projects a spectacular $18.4 billion increase in annual revenue -- up to $66.3 billion in 2023-24 And how is the province going to do that? Why, with Kinder Morgan -- you know, that pipeline. Which will never be built (my prediction, along with other realists).
And it also all depends on the NDP's being in power after 2019. Pardon me while I choke.
Jason Kenney will put a stop to it all in a year, when the NDP is unceremoniously dumped by the hobbled citizens of Alberta.
Speaking of another inappropriate choice for a cabinet minister, here is our minister of "health', Sara Hoffmann. If you want to be that overweight go for it, but if you are the minister of health, it renders you not credible. I mean, I'm not exactly Vogue-thin myself, but you can't talk about how you are working for the health of Albertans and be in this shape.
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