If, as the newly released census data indicates, youre one of many arrivals to Alberta in the last half-decade, heres the shortcut to understanding Albertas politicians: On budget day, they replay their favourite spend-now, tax-later 1980s tunes.
Some history: Between the fiscal years 1986 and 1994 (fiscal years end March 31), the province of Alberta ran nine consecutive deficits. That happened because for too long, politicians assumed boom-time revenues would soon return. They were mistaken.
alberta government
Février 12, 2012
2:00AM
Février 11, 2012
2:00AM
As Albertans ponder Premier Alison Redfords first budget, they would be wise to ignore Finance Minister Ron Lieperts assurance that Albertans can [take] comfort in our fiscal situation. A closer look at the budget reveals a dearth of prudence and no credible plan to return Alberta to a balanced budget position.
Septembre 24, 2011
6:00PM
In his 1996 book, Against the Gods-The Remarkable Story of Risk, Peter Bernstein offers a reason why the ancient Greeks never progressed in mathematical understanding. It was, he observes, due to a lack of interest in testing their theories against the actual world. That process would have refined their ideas, given them testable hypotheses, and allowed them to properly link cause and effect.
Février 9, 2001
2:00AM
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