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Monday, September 27, 2010

George Smitherman releases financial plan - reads like "Ford lite"

Sensing he has lost his once firm grip on the mayoral race, distant second-place rival George Smitherman released his financial plan today.

It is an eerie echo of Rob Ford's with a less aggressive cost-saving plan through employee attrition and a few figures that don't add up quite right. Not that I'll hold that against him, after all, who's do?

But what inspires less than full confidence in his commitment to it is how his policies have shifted to be more like Rob Ford's as Ford's popularity increased.

Some of his odder and more dubious items of projected revenue include $10 million for "'Catch the little things' incentives; and $132 Million for - "Smarter procurement"

His plan relies on quite a bit of financial influx from his old boss, McGuinty. I actually believe Smitherman would be able to talk him into it. McGuinty would have an interest in buying Toronto to keep it out of the hands of Tim Hudak's Tories. I'm also confident McGuinty would find some new taxes to pay for it, so what we save in municipal costs will end up being added as provincial ones.
this fine artistic rendition was stolen from Blazing Cat Fur

Of course, I could be just a bit over-cynical. After all, who wouldn't trust a former McGuinty cabinet minister?

Here's Smitherman's financial plan.

UPDATE: Socialist extremists at rabble.ca hope for Smitherman win.

Coming to grips with the realization that their preferred candidate, Joe Pantalone, has no hope of winning, the radical socialists and extremists who frequent rabble.ca express hope for a Smitherman win in which he emerges in debt to union interests so they can retain control of city hall.

UPDATE 2: Royson James at The Toronto Star refers to Smitherman's untenable proposal to freeze taxes while increasing spending and claim to lower the debt all at the same time as "Smither-math"

Good moniker, Royson! I'll borrow that in future. I would have just called it "another McGuinty Liberal worthless promise", but your name for it is much better.

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