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|    Message 89,441 of 90,757    |
|    pøliticoßoy@nyb.com to M.I.Wakefield    |
|    Re: Ontario budget - who gets screwed an    |
|    24 Apr 15 14:03:54    |
      XPost: can.politics, tor.general              Once again in the minority, eh, 'Wakefield' . . . . the media is praising the       common sense changes being proposed by Kathleen Wynne's government, and you're       sitting in a dark room making frowny faces and decrying the       smarter-than-Conservatives, Liberal government of Ontario.              Take a pill.       _____________________________                     On 23/04/2015 6:19 PM, M.I.Wakefield wrote:       > The losers, aside from future generations, who'll be paying off Wynne's debt       > for decades:       >       > 1) Everything not mentioned below. Spending will decrease by 5.5% a year       > through 2017/2018. Since the Bank of Canada's target inflation rate is 2%,       and       > the population is growing, the Wynne government is planning to cut program       > spending in real terms for items not mentioned elsewhere for four straight       years.       >       > 2) Postsecondary education and training. Spending will increase by 0.1% a       > year through 2017/2018. Since the Bank of Canada's target inflation rate is       > 2%, and the population is growing, the Wynne government is planning to cut       > postsecondary and training spending in real terms for four straight years.       >       > 3) Justice. Spending will increase by 1.5% a year through 2017/2018. Since       > the Bank of Canada's target inflation rate is 2%, and the population is       > growing, the Wynne government is planning to cut justice spending in real       terms       > for four straight years.       >       > 4) Healthcare. Spending will increase by 1.9% a year through 2017/18. Since       > the Bank of Canada's target inflation rate is 2%, and the population is       > growing, the Wynne government is planning to cut healthcare spending in real       > terms for four straight years. This despite increasing federal       contributions.       >       > 5) Education. Spending will increase by 2% a year through 2017/2018. Since       > the Bank of Canada's target inflation rate is 2%, and the population is       > growing, the Wynne government is planning to cut education spending in real       > terms for four straight years.       >       >       > And the "winners":       >       > 1) Children's and Social Services. Spending will increase by 2.9% a year       > through 2017/2018. The Bank of Canada's target inflation rate is 2%, and the       > population is growing, but this is one of the few areas under the Wynne       > government that might not lose ground.       >       > 2) Interest payments. Spending will increase by 5.7% a year through       2017/18.       > This expense is already closing in on $1 billion a month, and with Ontario's       > continuing deficits, prevailing interest rates, and threatened credit rating,       > has nowhere to go but up! Up! Up!              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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