Perhaps they were not burdened by 15 years of foolish & irresponsible spending & govt expansion.
By fools who care not to deal with the reality of the matter
Do the math
It is factual and irefutable
Since you are the financial know it all who claims $400B is irrelevant, why do you not explain it to us?
Look, spending more than you make & owing a ton of money is unsustainable under any scenario
Time for you to clue in
As pointed out there will always be poor people, therefore any money thrown at this issue will not "deal with" or solve the issue
Years latter you will still have poor people & a bigger debt, which will just make dealing with the problem then more difficult
Again the same logic dictates that if there will always be poor people, then unless they stop making babies, there will always be child poverty.
You think you can mitigate , however it is a unsolvable issue as a result of human nature
Always has been & always will be
You want to borrow more money to pay people not to work when the provincial debt is unsustainable & you say I have short term thinking????
WTF?
Look dummy, right now the interest is half the size of the education budget & it is the third largest expenditure.
Interest rates are increasing and even getting to balance is going to be a challenge
Ontario's long term growth outlook is 2 maybe 3% tops, so it is mathematically improbable / impossible to grow our way out of this mess
When you do not pay off debt and continue to borrow it compounds & very quickly if interest rates are rising
Lenders started demanding higher rates when debt becomes excessive. This accelerates the problem even more.
Interest costs will become larger than the education budget unless this is mitigated & mitigated NOW through cost cutting.
Given the choice between ensuring future generations are educated or paying people not to work,, it should be a non brainer for even you
You want it both ways , but fail to see that without responsible fiscal control government can not provide resources to try and address social issues
Sorry but Granny Wynne already borrowed & spent all the money