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Thursday, May 1, 2014

Andrew Coyne: Wynne’s budget makes Bob Rae’s NDP look like flinty-eyed fiscal conservatives

 
...reading the budget, one was taken back to the last days of the Bob Rae government, two decades ago — that same feeling that those in charge had no real grasp on the size of the hole they had dug for themselves, nor any serious plan to get out of it. In retrospect, the comparison seems unfair. Rae was a flinty-eyed fiscal conservative compared to this bunch.

At a time when ratings agencies are threatening to downgrade Ontario’s debt — again — amid serious concerns about the province’s ability to attract and retain investment, the policy direction advocated by the province’s government is to spend more, tax more, and borrow more...

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