Inept Premier BC Liberal Premier Christy Clark has been warning voters and taxpayers that today’s economic update was going to be full of bad news,
It was. The current year deficit has grown by $328 million.
According to current Finance Minister Mike De Jong is a delay in the closing of the sale of Little Mountain housing project. Dejong said he does not expect that to close until June.
DeJong then followed in Clark’s footsteps and said no matter, we will balance the budget next year as in February.
Here are a few things glossed over by both Premier Clark and Finance Manager de Jong.
1) Gone is the $40 million or so revenue from the Telus sign deal at BC Place or whatever you want to call.
2) Whether you were for or against the privatization of the Liquor Distribution Branch,getting caught with their hand in the cookie jar cost the Liberals $700 million which the previous Finance Minister had used in last years budget to project a balanced budget this year.
3) The piece de resistance ( although expenditure wise it pales in comparison to the above numbers) the $15 million your proud government just spent telling you how great they are.
Lets be clear about this too: As you are reading this thinking they are wasting your money, it’s beyond that. They are into your credit cards ( we don’t have any money) so it’s a lot worse.
To give this some context for you.Yesterday Toronto Mayor Rob Ford lost his job for using his letterhead to raise $3,100 for needy children while the BC Liberals used their letterhead to not only blow another $15 million to raise votes for themselves, but also sink you are your family $328 million further in debt.
Where is justice when you need it?