The annual cash
deficit of the Government remains at the $2 billion level. The Governing
Liberals and the Opposition Parties — PC and NDP — have the same agenda: keep
the public placated, maintain the illusion that there is no crisis, and otherwise
keep public expectations of them low.
As to other sectors of Newfoundland and Labrador society, including
business and unions, short-term self-interest prevails. For all of them,
serendipity (translated as “offshore oil”) will provide a “fix” for gross mismanagement
in a Province boasting the second largest per capita revenues of any Canadian
Province.
