07 August 2017

Killing Ontario...

...one Liberal budget at a a time...fool me once...

The Liberals accumulated debt for this year is projected at $311.9 billion, almost 125% higher than the $138.8 billion debt the Liberals inherited from the Progressive Conservatives when they came to power in 2003.

Interest still has to be paid on that $311.9 billion by taxpayers, at a rate of almost $1 billion a month, or $11.6 billion annually.

If interest on debt — which doesn’t reduce the principal — was a government department, it would be the fourth largest after health, education and community services.


5 comments:

Anonymous said...

old white guy says...........liberals and all other governments are killing Canada one budget at a time. federal, provincial, municipal are all incompetent as are those who vote for them. these people do not know what the word future means.

Neo Conservative said...

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a billion here, a billion there... pretty soon you're talkin' real money.

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Anonymous said...

https://www.amazon.ca/Enjoy-Decline-Aaron-Clarey/dp/1480284769/ref=sr_1_1?ie=UTF8&qid=1502144339&sr=8-1&keywords=aaron+clarey+enjoy+the+decline

Bill Elder said...

But if you're in the market for a 50 grand e-car marginally employed tax payers will subsidize it for ya...it's nice to have friends in high places

Neo Conservative said...

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big solar farm put in centre hastings... coincidentally the person in charge appears to be a failed liberal candidate.

funny how that works.

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