So, in a predictable fashion, the BC Liberals announced yesterday that our deficit is project to reach $1.4 billion dollars for this year. Yet, somehow, Christy Clark says her government will balance the budget in February while not cutting spending on health and education. I think she is full of crap if she thinks she can make up that kind of deficit by cutting civil service discretionary spending and implementing a hiring freeze.
Blaming all sorts of things like a real estate sale being delayed until June, lower property transfer tax due to a slump in real estate and low resource prices, the Finance Minister Mike de Jong announced cuts to discretionary spending and beyond that did not state how he will address the falling revenues. This information is in stark contrast to the rosy jobs picture Christy Clark likes to paint. The poor voter is left trying to figure out what is truth and what is fabrication with this government. Personally, I am deeply suspicious of everything the BC Liberals say; they are masters of duplicity and not above telling outright lies.
Here is my prediction: In February, when the provincial budget is tabled in the Legislature, it will be balanced. The BC Liberals will take credit for their ingenuity and jobs program that will have suddenly generated extra income that will magically take care of the deficit. They may float the idea of tax increases (as de Jong is not ruling them out right now) prior to the budget being released. However, we will all be saved from this horrible fate due to the strategic management skills of the BC Liberals. We will be told yet again that the private sector is our savior and our economy is just fine thank you very much.
The BC Liberals are counting on us to have short memories. They are hoping that we all forget the HST debacle, that we recognize their superior governing skills and that the NDP will kill the nascent prosperity in our economy. They will appeal to all of us to vote for them for our own good. Oh and in case we don’t get the message the BC Liberals have invested $63 million of your tax dollars in advertising to make sure we all get the message.