- November 21, 2011 - 14:41
TOM WANT TO SAVE MONEY....LAY OFF THE CIVIL SERVANTS WHO DO FORECASTING; THEY CAN'T FORCAST. ALSO WHILE IT MAKES YOU LOOK LIKE A SMART MAN FOR A DAY OR SO, THE REST OF THE YEAR YOU LOOK STUPID. AS THE DONALD WOULD SAY, TOM " YOU'RE FIRED" !
- November 19, 2011 - 07:30
This unexpected surplus is a prime indicator that we have been paying way too much for gas and oil at the pumps. Having said that though, I'm in agreement with using the money to pay down the debt. Putting money into education is fine but it never gets to the people that need it. I worked with a college and there is no bigger sink-hole for money now very well spent.
- November 18, 2011 - 12:35
Brian...please, no more money at the education system. There are enough incompetents running the show now, Administrative costs are staggering.
- November 18, 2011 - 07:58
Brian, You are so wrong. It is the 99%, their children and grandchildren who will be paying off or at least paying the interest on this debt. If the government did as you suggest, all the same issues would be back again next year and there will be no surplus. As David Cochrane pointed out in his piece on Here and Now, debt repayment has freed up something like 180 million annually for all the things you talk about in your column, based on reduced debt servicing charges. If my children look back on this time in 20 years burdened by massive debt and unending deficits because the oil is gone, there are no jobs and everyone's moving away, I don't want them to say "you mean you blew some of that surplus to mow the lawn more often and fix a few cracks? And now I'm paying interest on that debt and I"m on the hook for it?" We have to realize that we are in an unprecedented time in our history, which will come to an end. The problem is that we've gotten used to being a "have" province very quickly, but it likely will not last. This is our chance to be responsible, not go on a spree. Most politicians, contrary to what you have suggested, are generally inclined to blow cash in similar situations so they can take credit for whatever it was spent on. Think Greece, Italy, the list goes on...