Musings —06.09.2011 06:37 AM—
“Tim Hudak says he’ll end the agony, but can’t be believed. Sorry Tim, but it’s true. If the campaign platform recently released by the Tories was handed in as a project in a first-year finance class, it would be returned with suggestions that the author find another line of interest. Like line dancing; something that doesn’t involve numbers, or adding and subtracting. Mr. Hudak says he’ll raise spending on all the important programs, but make up for it by finding “waste”. We all know that isn’t going to happen. Politicians never find waste. What they find is that if they keep spending money, their chances of re-election improve. The federal Tories have been promising to find waste for five years now, and have jacked up spending every year.
In addition to more spending, Mr. Hudak says he’ll cut taxes, remove the GST from power bills and stop charging consumers an extra fee to help pay off the mammoth debt still owing for past hydro expenses. He says the charge isn’t needed, because the debt has been paid off, even though it hasn’t. As the Star’s Martin Cohn points out, it’s still almost $15 billion; the only way you can argue it’s been paid is if you pretend governments don’t have to pay interest on their borrowing. But they do.
All this will be covered by uncovering “waste.” Sure, okay, if you say so.”