Thursday 26 April 2012

Ontario....voter apathy = dangerous deficit of fiscal sanity??



In Ontario on Tuesday, the minority government of Liberal Premier Dalton McGuinty,


Canada's Pinocchio of Premiers, dodged a quick election over his budget by agreeing to the NDP's demands to add more spending to the electorate's burden -- including the always-popular promise to tax the rich. The response? Standard & Poor's has dumped Ontario's credit rating outlook from stable to negative. Turn left for the road to hell. Disaster lies ahead.

                                                            -30-

                 dear readers, I have provided the above excerpt from a Toronto Sun editorial about how the minority government of Liberal Premier Dalton McGuinty just increased our outrageous debt service costs, our third largest spending item, no less by agreeing to NDP leader Andrea Horwath's demands.


Didn't Andrea think to clear additional spending with the rating agencies, like Standard & Poor's, who subsequently dropped Ontario's credit rating outlook from stable to negative? Is it any wonder that when our leaders continue to confuse voters, they breed more voter apathy!

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