Wednesday, February 23, 2011

Christy Clark and Provincial Debt

Yesterday, Christy Clark was in Williams Lake drumming up support for her campaign for BC Liberal Party Leader and 35th Premier of BC and I discussed my concern about the provincial debt of $60 billion, (yes that "B" as in 60 Billion) and the need to think about this while contemplating future projects.  She stated that her top priority is to balance the provincial budget ASAP and future projects will be considered with the provincial debt in mind.  Failure to do so will cause BC Liberals' political grief in the next election, whenever it occurs as BC Liberals' partially got into office on criticizing the BC NDP on the doubling of the provincial debt from 18 to 34 Billion in 10 years during 1991-2001.  As a society, we should not borrow and spend today and put that cost to service the debt on future governments, which may bind them in terms of how to finance the province's two biggest public services - Health Care and Education

See here for a picture of Christy Clark in front of the provincial debt clock (courtesy of the Canadian Taxpayers' Federation)

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