Ontario is the most indebted non-sovereign borrower on earth. Despite having roughly 1/3rd the population of California, it’s debt is twice as large. Yet, the Wynne Liberals keep spending.
In this situation, common-sense would dictate the following actions: Cut government spending, pay down debt, reduce regulations to empower private sector growth, and enforce spending restraint year-after-year.
Yet, we know the Ontario government under the Liberals have done the opposite. Taxes, regulations, spending, and the size of government are all up, and the debt is at record levels. Meanwhile, growth and job quality is down.
At some point, you would think the Ontario Liberals would stop insanely doing the same thing over and over again. You would think they would figure out how to set priorities and focus government on a few core areas.
With an election coming up, Kathleen Wynne is once again ramping up the debt machine.
In an effort to win votes, Wynne is promising more and more spending. Her latest announcement is $50 million more over four years for the Ontario Arts Council.
With the province struggling, and with the debt at very dangerous levels, the government shouldn’t be announcing any new spending everywhere. And especially with a health system under strain and taxpayers already overburdened, spending more on the Arts Council makes zero sense.
Of course, Kathleen Wynne and the Ontario Liberals aren’t worried about making sense, they’re worried about winning votes. They could care less about the long-term damage of the debt so long as they get another term in power.
That’s why it’s so important that the Ontario PC’s be tough and explain the danger of the debt. If they let themselves be drawn into a battle over who can spend the most, not only are they likely to lose, but everybody will lose as the debt keeps going up.
As Canada’s largest province, Ontario’s fiscal problems impact all of us. If Ontario can’t get their debt under control, all Canadians will pay a big price.
The elites want to hide their many failures behind political correctness, deception, and manipulation. We need to push back and spread the truth.
That’s why I write.
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Published: 29 Aug, 2017 By SpencerFernando