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Old Jul 1st, 2015, 01:52 PM   #15091
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Quote:
Originally Posted by CubaMark View Post
Proven time and again?


NDP governments have the best fiscal record of all political parties that have formed federal or provincial government in Canada.



Of the 52 years the NDP has formed governments in Canada since 1980, they’ve run balanced budgets for exactly half of those years and deficits the other half. This is a better record than both the Conservatives (balanced budgets 37% of years in government) and the Liberals (only 27%), as well as both Social Credit and PQ governments.



It’s not just the number of years of balance that is relevant: it’s also the size of the deficits or surpluses that are important. For this, the most important figure is the size of deficits as a share of GDP.



For this measure as well, NDP governments have the best record. The average balance (deficit) as a share of provincial GDP for the 52 years of NDP governments in Canada is -0.77%, compared to -1.82% for all Liberal governments and -0.82% for all Conservative governments over the past thirty years.



I have some colourful charts that illustrate these records, but haven’t been able to upload them onto this blog. They and more background details on these numbers are available at:



The Progressive Economics Forum: Fiscal Record of Canadian Political Parties
(Behind the Numbers)



And in anticipation ofvwhat's to come, here's a comment from that blog that seems prescient:


Comment from Eric

Time: April 29, 2011, 12:36 pm


FORM FOR USE BY RIGHT-WING PARTISANS IN RESPONSE TO ARTICLE:

(Please do not deviate from this form)



[Bob Rae reference]



[Derisive remark about accuracy of data and/or experimental methodology. If possible insinuate socialist inability to do math.]



[Bob Rae reference]



[Remark about Stephen Harper’s handling of the economy which is implicitly the best way to handle the economy.]



[Bob Rae reference]



[Implication that author of article is socialist, insane, whiny, lazy, and impoverished. (Note: The latter four are implicit in the socialist tag, but should be explicitly noted for other socialists who may be unaware)]



[Bob Rae reference]



[Conclusion (ie. Bob Rae reference)]

Haters gonna hate, Mark. No cure for that. Happy Canada Day anyway, naysayers! And may you have your fill of Canadian food! I had tourtière for lunch. 😎👍


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Old Jul 1st, 2015, 01:55 PM   #15092
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Economic success is not measured in balanced budgets, CM.

The evidence lies in the destroyed economies of those provinces and the rejection of the NDP from power in each case.
With all due respect, in the recent Nova Scotia case, despite some major bonehead policy moves from an NDP Premier who campaigned from the left and moved to the centre to govern, the economic measures taken were getting the province back on track. They were tossed not so much for their economic policies as the inability / unwillingness to keep their social policy promises.

Any government - of any political stripe - that inherits a disastrous economic portfolio and then must take difficult measures to address massive debt and deficit will, unless they properly manage the message, suffer the wrath of voters. Long, slow decline is easier for people to handle than the necessary immediate measures to address economic disaster.

Bringing the ship of state back on course isn't an easy job. It's disheartening to see the NS NDP blow their opportunity so spectacularly, when they were getting the financial house in order, but were not able to engage with voters who heard nothing but the Liberal and PC messages of economic doom. Voter fear is a rotten element in these scenarios.
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Old Jul 1st, 2015, 01:55 PM   #15093
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That's pretty embarrassing from you, fjn. There's a big difference between measuring objective parameters of failure and "hating."

You'll probably feel the love as long as teachers are getting cash, even if the economy crumbles around you.
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Old Jul 1st, 2015, 02:14 PM   #15094
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That's pretty embarrassing from you, fjn. There's a big difference between measuring objective parameters of failure and "hating."



You'll probably feel the love as long as teachers are getting cash, even if the economy crumbles around you.

That's pretty insulting from you, Macfury, but not a surprise. Teachers have hardly been "feeling the love" in Alberta since Stelmach left office, the last fair-minded PC premier we had. The rest have been posers, not leaders, and they have fed at the Conservative trough as much as the worst of their predecessors. Between 2010-2015, Alberta MLA's voted themselves a 71% wage increase. Meanwhile my fellow teachers and I have had to accept a 0% wage freeze for the past three years, c/o of the previous PC administration, so you know where you can stick your uninformed and patronizing comments.

To everyone else, may you enjoy this fine July 1 celebration of Canada's 148th birthday! 😎👍 So much to celebrate... especially the Orange Wave in Alberta! 😜


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Old Jul 1st, 2015, 02:41 PM   #15095
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Originally Posted by CubaMark View Post
Any government - of any political stripe - that inherits a disastrous economic portfolio and then must take difficult measures to address massive debt and deficit will, unless they properly manage the message, suffer the wrath of voters. Long, slow decline is easier for people to handle than the necessary immediate measures to address economic disaster.
“Beasts of England, beasts of Ireland,
Beasts of every land and clime,
Hearken to my joyful tidings
Of the golden future time."
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Old Jul 1st, 2015, 02:43 PM   #15096
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As I said, you will feel the love for the NDP as long as they maintain the cash flow to education.

Quote:
Originally Posted by fjnmusic View Post
That's pretty insulting from you, Macfury, but not a surprise. Teachers have hardly been "feeling the love" in Alberta since Stelmach left office, the last fair-minded PC premier we had. The rest have been posers, not leaders, and they have fed at the Conservative trough as much as the worst of their predecessors.
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Originally Posted by fjnmusic View Post
Between 2010-2015, Alberta MLA's voted themselves a 71% wage increase. Meanwhile my fellow teachers and I have had to accept a 0% wage freeze for the past three years, c/o of the previous PC administration, so you know where you can stick your uninformed and patronizing comments.
Wahhhhhh! No raises on my gold-plated salary and benefit package.

I would have cut them all by another 5%--MLAs and teachers.

Average Alberta teacher salary after 10 years: $99,300 (Canada's highest, by the way).
Alberta MLA salary: $127,000
Average Canadian worker salary: $49,000

I could understand such high teachers' salaries if nobody wanted to do the job, but there are thousands of qualified people who would kill to get half that salary--and the summer off.

How Alberta public sector workers' pay raises measure up against those of Albert
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Last edited by Macfury; Jul 1st, 2015 at 03:09 PM.
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Old Jul 1st, 2015, 03:53 PM   #15097
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Easy to run a balanced budget when you raise taxes sky high.
BINGO!!!

Love to see the tax increases implemented by the much vaunted NDP gov'ts compared to other partys. Willing to bet those numbers don't look nearly so golden (for the tax payers)...
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Old Jul 1st, 2015, 03:56 PM   #15098
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Public sector workers don't seem to mind.

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BINGO!!!

Love to see the tax increases implemented by the much vaunted NDP gov'ts compared to other partys. Willing to bet those numbers don't look nearly so golden (for the tax payers)...
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Old Jul 1st, 2015, 06:13 PM   #15099
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Originally Posted by CubaMark View Post
Proven time and again?
[INDENT]NDP governments have the best fiscal record of all political parties that have formed federal or provincial government in Canada.

Of the 52 years the NDP has formed governments in Canada since 1980, they’ve run balanced budgets for exactly half of those years and deficits the other half.

Unmitigated bullshit.

Take one look at how they've achieved those "balanced" budgets in Manitoba, and tell me that it's because they have a good final record. They keep changing the laws on how they have to report deficits, so that they can move them off the books and post a "balanced" budget that is actually billions in arrears. They think that hiding the debt is the same thing as not incurring it. There is a reason why the local media here calls them "weapons of math destruction".
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Old Jul 1st, 2015, 07:30 PM   #15100
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Unmitigated bullshit.



Take one look at how they've achieved those "balanced" budgets in Manitoba, and tell me that it's because they have a good final record. They keep changing the laws on how they have to report deficits, so that they can move them off the books and post a "balanced" budget that is actually billions in arrears. They think that hiding the debt is the same thing as not incurring it. There is a reason why the local media here calls them "weapons of math destruction".

Math is hard. So is maintaining a good final record.


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