Quote:
Originally Posted by MrBottomTooth
Keynesian theory? Really? All I ever see him discussing is how he would have used the surplus to increase handouts to seniors, veterans, natives. That's fine and dandy, but at what point do you stop spending money you don't have?
Is that what Wynne is practicing in ontario? Keynesian theory? If so, someone needs to tell her Keynesian theory has got us a debt twice the size of California.
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What happens is commitments would be based on this surplus. Those commitments don't go away. Once the commitment is in place, that's it, it's over, it's not coming back. It's like taxes. You fight taxes to the death because once they are in, they do not go away, regardless of if they are still needed.
Fast-forward 5 years and you no longer have the one time surplus. Then what?
There is nothing wrong with saving money for a rainy day. Be happy of the health of the status quo and SAVE.
Of course the other option when a surplus is on the table is to lower taxes. You won't catch a liberal throwing that out. ;-)
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