Comment 73590

By Capitalist (anonymous) | Posted February 01, 2012 at 11:34:03

Let's not go down the stadium debate again. As a huge Ticat fan I am biased of course.

Debt is not necesarily a bad thing. Government borrowing money to build a road or hospital makes sense because future generations will benefit from them so they should also bear some of the costs. On the other hand, gov't borrowing money to fund lavish wage and pension increases or hold extravagant Christmas parties does not benefit future generations - so people should pay for those things in full today.

We live in an era where people always choose to spend or use credit instead of save and live within their means. The governments we elect reflect that - just look at Ontario.

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