Comment 89138

By Rational Optimist (anonymous) | Posted May 29, 2013 at 13:21:54 in reply to Comment 89074

It's possible, and it's what needs to be done. And you are exactly right that it is one way the Tories could easily take power.

We're in a pretty big mess here in Ontario. No province had a worse deficit (compared to provincial GDP) than Ontario last year, and no one came even close in the fiscal year just ended. We're at forty percent debt-to-GDP. It is climbing.

Very few Ontarians would feel that we should not invest in infrastructure for the future. Most are in favour of a robust social safety net and are willing to pay for government services. We won't be in a position to do that, but being realistic about public service salaries and pensions (which currently have little grounding in the market) would go a long way.

We could pay for the Big Move in two years if we didn't have interest payments on the debt that this government has over the last ten years incurred through wasteful and perhaps sometimes even corrupt over-spending. $12 billion of the taxes that Ontarians pay go not to valuable services, but just to pay the interest on debt.

So I think the Tories probably could convince voters that it's (almost) possible to have it both ways.

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