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Thread: Alberta 2017 Budget

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    Default Alberta 2017 Budget


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    $71.1 billion by 2019-20
    How do we get Notley out of Canada for good?

    She must be colluding with the Russians as well, attempting to completely destabilize our Alberta Advantage..

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    $71 billion in debt is the best case scenario, the numbers they based their budgeting on are ridiculous. They expect the revenue from oil royalties to double this year and budgeted with $55/bbl of oil. It was $48/bbl today I think.

    The upcoming contract negotiations with unions are also not budgeted for.

    The last credit downgrade took a month, this one will be even quicker I bet.
    See Crank. See Crank Walk. Walk Crank Walk.

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    What should they do instead? Close hospitals and fire teachers?

    I smell PST coming

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    Originally posted by Gestalt
    What should they do instead? Close hospitals and fire teachers?

    I smell PST coming
    They can't institute a PST without sending it to Albertans for a vote, it would never pass.

    What Ceci should have done is take the 25% inefficiency he admits exists in the education department, keep the fees the same and use the savings they were going to find to finance the schools they want to build.

    Alberta needs to admit we have a spending problem and fix that.
    See Crank. See Crank Walk. Walk Crank Walk.

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    Originally posted by FraserB


    They can't institute a PST without sending it to Albertans for a vote, it would never pass.

    What Ceci should have done is take the 25% inefficiency he admits exists in the education department, keep the fees the same and use the savings they were going to find to finance the schools they want to build.

    Alberta needs to admit we have a spending problem and fix that.
    We have an income problem. Not a spending problem.

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    Originally posted by FraserB
    Alberta needs to admit we have a spending problem and fix that.
    Queue up Gestalt's nonsensical rant about how we don't have a spending problem, you know he's an expert, everyone else is wrong, black is white.
    Originally posted by Arash Boodagh
    Before I start pwning all the members with my findings.
    Originally posted by Arash Boodagh
    Plus, is it true you can feed a pig elephant dong and it will still grow and build meat?
    Originally posted by Toma
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    Toma the homophobe?

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    Originally posted by Gestalt
    We have an income problem. Not a spending problem.
    Fuck, I was too late
    Originally posted by Arash Boodagh
    Before I start pwning all the members with my findings.
    Originally posted by Arash Boodagh
    Plus, is it true you can feed a pig elephant dong and it will still grow and build meat?
    Originally posted by Toma
    rx7_turbfoags best friend
    Toma the homophobe?

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    Originally posted by Gestalt


    We have an income problem. Not a spending problem.
    I have a mortgage I can't afford, it's an income problem guys not a spending problem

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    In all seriousness the budget numbers are in, and if we hit the 70 billion balloon - that will translate into $17k of forced debt for every man woman and child, and that's without taking into account the interest.

    It's like Notley hasn't read up on the Don Getty/Ralph Klein regime...
    Last edited by RickDaTuner; 03-16-2017 at 04:17 PM.

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    This is what happens when you manage to let the stupid people become a voting bloc.

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    Originally posted by Buster
    This is what happens when you manage to let the stupid people become a voting bloc.
    The previous government ran deficit when oil was $100.

    Tell me more

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    Originally posted by FraserB


    They can't institute a PST without sending it to Albertans for a vote, it would never pass.

    What Ceci should have done is take the 25% inefficiency he admits exists in the education department, keep the fees the same and use the savings they were going to find to finance the schools they want to build.

    Alberta needs to admit we have a spending problem and fix that.
    The deficit is greater than total provincial expenditure on education.

    So I agree, inefficiency is not good, but it would not solve the problem, and sometimes it can cost you a dollar to save a dime.

    And mortgage comment. It's not even close to the same. You have a growing population, and an existing house. You can't walk away, you have to maintain it, and provide services. If your house springs a leak, you don't pull a Klein and ignore it for 10 years, because it's going to cost far more later. Plus, a government can create it's own financing, at crazy low rates. Try and think a little.
    Last edited by Gestalt; 03-16-2017 at 04:23 PM.

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    Originally posted by Gestalt
    sometimes it can cost you a dollar to save a dime.
    Originally posted by Arash Boodagh
    Before I start pwning all the members with my findings.
    Originally posted by Arash Boodagh
    Plus, is it true you can feed a pig elephant dong and it will still grow and build meat?
    Originally posted by Toma
    rx7_turbfoags best friend
    Toma the homophobe?

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    Originally posted by Gestalt


    The deficit is greater than total provincial expenditure on education.

    So I agree, inefficiency is not good, but it would not solve the problem, and sometimes it can cost you a dollar to save a dime.

    And mortgage comment. It's not even close to the same. You have a growing population, and an existing house. You can't walk away, you have to maintain it, and provide services. If your house springs a leak, you don't pull a Klein and ignore it for 10 years, because it's going to cost far more later. Plus, a government can create it's own financing, at crazy low rates. Try and think a little.
    Can you tell me what education background you have?

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    Alberta Gov has a "no layoffs/no hiring" policy at this time.

    I am expecting that to change, boss man has been awfully busy in meetings lately even though things are slow... my wish of moving to Mexico to race for a year may be happening sooner than I thought! COME ON DOUBLE SEVERANCE
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    Useless post, ignore.

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    Originally posted by Gestalt
    Useless post, ignore.
    So none. got it

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    Originally posted by FraserB
    $71 billion in debt is the best case scenario, the numbers they based their budgeting on are ridiculous. They expect the revenue from oil royalties to double this year and budgeted with $55/bbl of oil. It was $48/bbl today I think.

    The upcoming contract negotiations with unions are also not budgeted for.

    The last credit downgrade took a month, this one will be even quicker I bet.
    During the election I actually pointed out a few times that their revenue numbers were totally skewed and not realistic. They showed that business taxes were going to start raking in huge $$$ year over year with them getting raped by taxes... lol.

    NDP are just utter fucking idiots, they prove it every time they get in somewhere. I still can't believe people voted for them.

    71 Billion in debt will be crippling for the province... that is more than the BC debt. They will probably have to bring in steep health premiums to start, and a wave of other fees... luxury taxes, gas guzzling tax, etc etc... then in another year they will absolutely bring in a PST.
    Last edited by Sugarphreak; 03-16-2017 at 06:26 PM.

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