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Song of the Watermelon: Some Thoughts on the BC Budget

Five months ago, I predicted that the Liberal government of British Columbia would fail in its effort to balance the 2013 budget. Notwithstanding this week’s boastful headlines to the contrary, the jury is still out.

I will not assert, as many others have done, that the surplus is purely fictional, but rather that, for the . . . → Read More: Song of the Watermelon: Some Thoughts on the BC Budget

Song of the Watermelon: The Folly of Balanced Budget Laws in BC

The news is out. Due to declining natural gas prices, the BC Liberal government is projecting a budget deficit of $1.14 billion this year — $173 million more than expected. And while the government still insists that it plans on finding enough savings to balance next year’s (election year) budget, I think it’s a safe . . . → Read More: Song of the Watermelon: The Folly of Balanced Budget Laws in BC