Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (14583)	4/29/2011 4:55:14 PM
From: Cogito Ergo Sum	Respond to of 37285

So, after years of steady (and painful) debt reduction with prudent budgets we have even more debt to pay off. Who won? I love hearing that.. please note.. and American investors listening to analysts do not hear this... The budget under e former Liberals was balanced federally ... but at what cost.. they simply turned off the tap.. but demand did not cease... so today Ontario has a 19 billion dollar deficit rivaling California.. and a debt over 200 billion again rivaling California.. nothing is really balanced.. By the time the Ontario budget is predicted to be balanced (won't happen I am positive in the time frame of 2016..) we will have a 300 billion dollar debt.. which simply means possibly by then we stop making it worse.. folks just DO NOT GET IT.. if the US position is tenuous at best... so is ours.. because we are attached.. due to laziness.. we will just lag the end or the revival ... right now revival not looking likely.. NO party seems to recognize that...