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Dark deficit cloud still on horizon

Published on January 24, 2013
Published on January 24, 2013
Topics :
Nova Scotia NDP , Nova Scotia , Ontario

The provincial NDP are heading for the unenviable position of damned if you do, damned if you don’t.

While the anticipation has been that the party would balance the budget this coming spring, they’re making noises that doing so might be unadvisable at this point. In pre-budget consultations, says Finance Minister Maureen MacDonald, some are maintaining that doing it come hell or high water would not be wise.

As Nova Scotians are well aware, progress toward reattaining that goal over the past three years has meant great pressure on health care, education and other services. The concern raised by various groups in the consultations is that hastening to balance, considering the current fiscal year’s projected $227 million deficit, would result in too much pain.

But get ready for the opposition parties to pounce and say so much for the NDP and its promises. They will characterize this as excuses not to make tough decisions.

And what of the public? Cuts to education and health in the past couple of years have brought outcry.

Yet, on the other hand, a deficit in this day of heightened awareness of fiscal issues is a dark psychological cloud – much worse when prolonged over several years and ballooning the overall debt.

A bright spot in the recent past was the 2010-2011 surplus for Nova Scotia, but balance has not generally been within reach of this or other governments since the 2009 recession kicked in. The NDP when campaigning in 2009 vigorously pledged to stay in the black. But considering at the time, as they appeared headed to victory, and pundits and opponents insisted on invoking images of the costly Bob Rae NDP government in 1990s Ontario, the Nova Scotia NDP had no choice but to declare intentions unwaveringly.

Many were expecting a balanced budget this spring closely followed by an election call. An election can’t be put off much longer, and no matter which way the NDP go on this they must brace for the poison darts.

Comments

  • Username
    Johnny smoke
    - January 25, 2013 at 13:09:47

    Balance budgets? Is that the same as living within your means? Does that entail the cutting back of the massive public service? Does that mean that when jobs are transferred from one part of the province to another that the employees are obligated to follow? Does that mean that no more public servants will be added to the glut in order to fill those positions? Does that mean that small children will have to go without their rightful support payments because snotty public servants refuse to do their jobs? Except one job of course that is to pick up their pay cheques. Then if that is the case we are doomed to more red ink, which will go well with the orange colored pens that write the cheques,at least we can count on that, if nothing else.

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  • Username
    b g wall
    - January 25, 2013 at 12:42:46

    if grham steele was still fiance minister i might consider still voting ndp however not one MLA including dexter is qualified to look after the problems you mentioned .nova scotians need a leader with years of business experience thats not afraid to make tough decisions & doesnt worry about getting elected the next time around, its to bad nova scotia doesnt have a danny williams.

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