With their provincial cousins, they are all planning to spend an extra $100 billion more than they will collect over the next three years.
Now wait a minute! I'm not a dumb beaver! Let's get this logic right.
Now wait a minute! I'm not a dumb beaver! Let's get this logic right.
As a middle class beaver, we give over 80% of the income taxes of $125b. If the government spends $100 billion more than they collect from us, then we owe the $100b. Then they spend this on themselves and their buddies, and in four years they want us to pay this debt.
Now, why would I borrow $100b, spend it on everybody else, and then pay back the $100b? This just doesn't make a wood chip of common beaver sense!
"Bob the Beaver"
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