So, the Ontario Libs have published their Ontario budget. Realizing we’re kind of in debt (this year, the INTEREST on the debt alone is nearly $11 B dollars!), what does the government do? They INCREASE spending, and ADD TO THE DEBT to the tune of $10B/yr.
Now, I know these numbers tend to not mean very much to the average Torontonian. (I single out Torontonians, because they are largely responsible for re-electing the current bunch of schemers we have occupying the Legislature today).
2011 Ontario Election Results:
So, to make things a bit easier, here’s a different look at the numbers:
1. The sum of the following currently pays for the INTEREST on the debt:
- All of the health tax
- All of the Gas Tax
- All of read more