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Showing posts with label Newfoundland and Labrador's fiscal crisis. Show all posts
Showing posts with label Newfoundland and Labrador's fiscal crisis. Show all posts

Thursday, 28 January 2016

A DECADE OF SQUANDERED OPPORTUNITY by JM

JM’s Budget Colloquy comprises a series of Posts which ran during the summer, 2015. The Colloquy traces the origins of the Province’s current fiscal crisis and offers suggestions as to how we might address a situation threatening our society’s economic viability.

Using a decade of Budget data, readers are treated to an explanation of the exigencies of our financial woes through careful explanation, graphs, and exhibits.  The “numbers” are digested in a way intended to assist the lay person to comprehend what is often an obscure and arcane subject.

The seven "summer" Posts have been combined with JM’s two most recent; giving both preface and postscript to this extraordinary work. The title “A Decade of Squandered Opportunity” serves as a warning, as much as conclusion.

Monday, 14 December 2015

FINANCE MINISTER TO MEET FISCAL FREIGHT TRAIN

The government has a huge deficit and debt problem; one surely to shake the Liberal Government out of the pretense everything is fine; it was just those damn Tories.

Even the most rudimentary briefing note prepared by the Ministry will demonstrate how unrealistic (silly) were the Liberals’ Red Book promises; at least, the ones with financial implications.

While the results of the November 30th General Election ended Premier Davis’ own brief “fantasy”, fiscal reality will hit the new Administration like a freight train.

The Liberals have nowhere to hide.