There is only one comment from Falcon that would make me take notice and that would be if he announced that he would not run in the next Election. That would be good news. Better still if Hanson, Abbot, and a few others made the same statement.

Why don’t they make that same offer to teachers? There are sure a lot of administrative jobs that could be cut. When this district had twice as many students, we had one superintendent and one assistant. The Board office was a tiny building, Now we have more assistants and directors of instruction than we need and half the number of students. We have more principals than we have schools. Elementary schools use to have a part time principal and now they have a full time principal and many have a full time Vive principal as well.

I long for the days when we had less administrators than workers. This goes for hospitals as well.

Ah, the old fallacy of the Balanced Budget rears its ugly head once again. But does anyone ever ask WHY, in a Province where actual wealth is normally increasing year by year there is a need for a Balanced Budget?

After all, to have any meaning at all, the proposition behind a Balanced Budget is that the government fully recovers ALL its spending in taxation over any SAME given fiscal period. Including all its spending on ‘capital projects’ lasting decades into the future, or longer.

That’s all to be recovered fully in taxes in the SAME fiscal period it was spent. Mr. Falcon and his cronies are fond of telling people that government is just like any other business. It can’t spend more than it takes in or it’ll go broke. Without questioning the veracity of this argument, and just accepting it as it’s stated as the truth, show me ANY other major private business that operates this way.

If Save-On Foods opens a new store, does Jimmy get back ALL he’s expended on it through its Sales in the FIRST year of its operation? You can rest assured you wouldn’t be ‘saving’ on anything you bought there if he did!

That store and its fixtures, equipment, etc. will be depreciated over periods of time that approximate the rate that it ‘wears out’. The building, though it may last much longer than twenty years, will normally have its original ‘capital cost’ recovered over that period. Roughly 1/20 of its cost will be allocated into the prices of everything that store sells over each of the next twenty years.

Jimmy’s, and every other private business can do this because they use generally accepted accounting practices as laid out in the rules and conventions of double entry accrual cost accountancy. The government, in contrast, uses simple single entry ‘cash’ accountancy.

The private business will certainly have a ‘budget’ too, to anticipate its future Revenues and Expenditures. But it will only be PART of a complete set of books, which include a Balance Sheet, a Profit and Loss Account, and a Statement of Cash Flows.

Where is there anything comparable to a Provincial Balance Sheet in government? Why do we not see the ASSETS, and how they’re growing in value, year by year, if they are (which they are, or ‘progress’ would be impossible)? Instead of only the increase in Liabilities when the government’s Budget doesn’t balance?

NO other business operates solely off a budget; there’d be no way of assessing whether they were operating correctly or not. No way of measuring whether the ASSETS were increasing each year relative to the LIABILITIES; or that they were booking a Profit, in other words.

The government, of course, is not in business to make a profit as its primary reason for existence. But if it’s being operated sensibly, there still should be an annual increase in the value of Provincial Assets over and above any increase in Liabilities, (money borrowed to increase that value).

In a private business such a positive difference would show up as an addition to Capital on the Firm’s Balance Sheet. It’s a net increase to the owner’s equity, from which Dividends may periodically be paid. In the Province, such accretions to real wealth should be matched by a CUT in Provincial taxes. For in one utterance of absolute truth by a chronic liar, “Tax cuts work”, and they DO. But only when accompanied by a change to proper accounting so they don’t have to be filched back from us by a perpetually ‘broke’ government in permanent hock to international High Finance.

BCGEU = Militant wing of the NDP. They’re going to strike no matter what, it’s pure politics.

Ya sure weaksauce. Back to your burger flipping at Wendy’s.

Probably on the Liberal payroll of $6 per hour….

Weaksauce I don’t know whether to laugh or just feel sorry for you. Can you read or do you just print what your Aunt Christy tells you?

Weaksauce, you got it right. Well Done!
Doesn’t matter which government party is in power they have all put their front line people on strike. Yep, the NDP get a lot of votes from unions, what I get a kick out of, is when they the union threaten to strike, the NDP says “Yer on yer own, have a nice day” Seen it, been there!