Labour Economic Monitor (May 2007)

In fact, the 2007 Budget demonstrates clearly that the government has no idea of how to proceed. The basic economic strategy remains unchanged: sell off as many of the province’s resources as you can as fast as you can, and use the cash you receive to lower taxes. In the long run this will leave the province with depleted resources, underfunded public services, and an inadequate tax base, but that’s a long way down the road. In the mean time let’s all have another drink, and put some Beach Boys songs on the karaoke.