Prentice announces 9% across the board budget cuts

[Jadham]

As per Calgary Herald:

http://www.calgaryherald.com/news/ed...941/story.html

Well actually it's only a 5% across the board cut and cancelling the 4% budget increase for this year.

I have no comment. I've spent too much time on this board this afternoon.

http://www.theglobeandmail.com/news/...ticle22936222/

[I_forget]

They have no choice but to cut in the bad times when they don't save in the good times. Thanks red queen.

[wahbush]

Soon there will be a provincial sales tax.

[Pekan]

Originally Posted by wahbush

Soon there will be a provincial sales tax.

X2 on the pst.
My personal theory is once the next election is sewn up, they will drop that on us.

[Smokey]

Maybe. They could of cut their salaries more then 5 percent to save the child advocate. Prentice comments were disingenious at best. What a big corporate bankster db. Like he cares about kids. It was 256k to investigate suspicious deaths for kids in care.

I have some faith we won't get a PST cause the Premier who does that will never have a legacy and will fit somewhere between Redford and Stelmach. Prentice is to arrogant to not have a legacy. I see Health Premiums and eventually deeper austerity cuts. Lets get ready for more more classrooms in gym equipment rooms and libraries.

[roper1]

You are probably correct on all counts, Smokey. I hope there is more austerity, that is certainly occurring in the real world ( private sector )

[coolpete1]

can't get a pst with out a referendum , ralph passed that law in 2002

[Smokey]

Originally Posted by coolpete1

can't get a pst with out a referendum , ralph passed that law in 2002

Laws can change.

[AtimoseMan]

Regardless the price of oil is $30 or $50 a barrel, hedging it at the pumps 80 - 90cts/lt and no one will know the difference. They will get there money one way or another. The problem is the public will run out of money and let the depression begin. We all better saddle up and get ready for some hard times to come for the rest of the year.

[wildwoods]

Originally Posted by AtimoseMan

Regardless the price of oil is $30 or $50 a barrel, hedging it at the pumps 80 - 90cts/lt and no one will know the difference. They will get there money one way or another. The problem is the public will run out of money and let the depression begin. We all better saddle up and get ready for some hard times to come for the rest of the year.

Comments like this drive depression. Keep your chins up fellas. Very low housing inventory will keep construction going. There's other ways to make a buck while we wait for the oil prices to rise.
I'm not trying to pick on you but optimism is best.

[Sneeze]

Ill eat my hat if we get a sales tax.

Interest rates are basically at zero.

Government of AB could run a bond program tomorrow, pay 2% on a 10 year and there would be a line up a mile long to buy the things.

No way in hell the PC party is going to risk loosing their jobs when they can borrow money for free and call it a "oh! that's just capital spending deficit, the budget is balanced I tell you"

[Battery]

We should take down that terrible blue circle in Calgary and get our $800,000.00 back

[kennedy]

like i said guys...this douche bag is going to mess everything up here. we are already seeing some bad things coming out of him. time to vote wildrose or ndp. lets get rid of this government. all they do is waste money and now we are suppose to take a cut while the cost of living is unreal in this province

[rem338win]

N. D. P.

What planet did you just drop from? I don't want to run deficits to bloat public sectors and unions! We need an actual conservative gov like Ralph's to ride this out and maybe a forward thinker to diversify our provincial industries. Too long have we been a one trick pony.

[densa44]

Are you guys going to those budget forms? You could make some good suggestions.

They need money, they don't want to take their medicine, they need us to tell them what they can get away with in increasing taxes or cutting other people's salaries.

If they thought for a moment they would be out of office and a cushy job they might reign in spending, maybe.

[coolpete1]

Originally Posted by rem338win

N. D. P.

What planet did you just drop from? I don't want to run deficits to bloat public sectors and unions! We need an actual conservative gov like Ralph's to ride this out and maybe a forward thinker to diversify our provincial industries. Too long have we been a one trick pony.

i agree with you about needing a real conservative like ralph , unfortunately we have only these bumbleheads to choose from , maybe even though it makes me sick to say it an ndp government for 1 term could teach them who's actually in charge.

[buckman]

Originally Posted by Smokey

Laws can change.

Except for the chosen ones!!!

[buckman]

Originally Posted by coolpete1

i agree with you about needing a real conservative like ralph , unfortunately we have only these bumbleheads to choose from , maybe even though it makes me sick to say it an ndp government for 1 term could teach them who's actually in charge.

Ralph was a great personality,I met him a couple of times.

He said more than once he never had a plan,he was lucky when the oil price went up later in his term enabling him to balance the books.

[HalfBreed]

I'm gonna go stock up on some pork loins!

[coreya3212]

So we have a 44 billion dollar budget. We are gonna be short 7 billion. And we are are going to curb our spend by 2 billion.... Someone give prentiss a calculator please

[Jadham]

Originally Posted by coreya3212

So we have a 44 billion dollar budget. We are gonna be short 7 billion. And we are are going to curb our spend by 2 billion.... Someone give prentiss a calculator please

A few weeks ago I heard that every 1% of PST was projected to bring in roughly 1 billion based on current consumer spending levels. A 5% PST would thus bring in $5 billion...

[lmtada]

Don't tax us too much!!

[coreya3212]

I guess to be a little clearer, I am not interested in any plan for the gov to bring in 5 billion more dollars, unless its Prentiss getting a second job..... he is a bout 13% shy on his "budget cuts".

And another thing, what kind of idiot says , " I am cutting the budget by 9%, Because I wont increase it by 4%, and I will actually decrease it 5%. So that equals a 9% cut"

With that line of thinking, perhaps they can say," we were going to raise the income tax from 10% to 40%, but now we are not gonna raise it at all, so that 30% we didn't have should cover the budget shortfall we are experiencing.....

my brain hurts

[realitysucks]

I wondering if the great white dope (saviuor) will cut the amount of politicians we have. Cut the low fruit by 10% would be a good start, I will even volunteer my MLA.
From what I remember in the last redford budget, her office received an increase of 12.5%, the largest of all departments. Has minime cut his budget?
Nurses and teachers in their contracts have no increases for 2 years and 3 years respectively, I guess being responsible means we are going to penalize you.
I have only heard doom and cloom from the sad sack of lowlifes but what happens when things rebound, what happens to all this extra revenue they are going to get from the increases and cut backs, do we get that money back, do they save it for an actual rainy day (heritage trust, oops I mean get reelected fund) or do they continue to **** it away till the next time and so on and so on.
I bet you they will have enough money to call an early election, after that is important to ensure they rack up another 4 - 5 years at our expense and add to their exit payout.

[79ford]

I am curious about what exactly they are going to cut.... jobs? Or equipment spending? They are pretty vague, i read an article in the globe and didnt get any more info other than cuts will happen somewhere.

[slingshot]

The problem I have is where has all the money gone from the decades of hoarding or should I say spending I guess.

[From The Hip]

This 9% cut of spending is not enough.Sure enough the ATA fired back that teachers would not accept a wage rollback...meanwhile those teachers are enjoying a 5 day long weekend for Family day.The ATA's answer was to raise taxes and generate more revenue.

Ol Ralph trimmed the fat back when the price of oil was $20 a barrel.The government seriously needs to TRIM THE FAT...massive job cuts to the pencil pushing managers who do nothing and no single government employee should be making more per year than the Premier.That means no $800,000 salaries for press scrum dodging health care executives...TRIM THE FAT!!!!!!!!!!!!!!

Get rid of the self entitled managers that have bloated the system since Ralph left office....TRIM THE FAT.

Just my common sense .02

FTH

[curtz]

Originally Posted by kennedy

like i said guys...this douche bag is going to mess everything up here. we are already seeing some bad things coming out of him. time to vote wildrose or ndp. lets get rid of this government. all they do is waste money and now we are suppose to take a cut while the cost of living is unreal in this province

What would the NDP or Wildrose do, this Provinces main income is from the oilfield, when the oilfield slows it just spirals down. If there is less money coming in, we have to cut back. Prentice has a mess to clean up after Redwitch, she should be heald accountable for some of the stuff she was spending our money on.

[kennedy]

Originally Posted by From The Hip

This 9% cut of spending is not enough.Sure enough the ATA fired back that teachers would not accept a wage rollback...meanwhile those teachers are enjoying a 5 day long weekend for Family day.The ATA's answer was to raise taxes and generate more revenue.

Ol Ralph trimmed the fat back when the price of oil was $20 a barrel.The government seriously needs to TRIM THE FAT...massive job cuts to the pencil pushing managers who do nothing and no single government employee should be making more per year than the Premier.That means no $800,000 salaries for press scrum dodging health care executives...TRIM THE FAT!!!!!!!!!!!!!!

Get rid of the self entitled managers that have bloated the system since Ralph left office....TRIM THE FAT.

Just my common sense .02

FTH

where do teachers get 5 day off on family day? get your facts straight. the only day off is monday like everyone else or at least most. when oil prices were high, did we get an increase? did we get a piece of the pie? did they come to us and say lets increase your salaries?NO! they didnt. from 2008 to ptesent their own salaries increased 36%. but he insults us by saying that they will take a 5% cut on a 230k job where 1/3 is tax free. so that next year the vote themselves a hefty increase. yes NDP is pretty ****ty and so are the liberals but it would be a wake up call to the scum of conservatives we have now.

[coreya3212]

Originally Posted by kennedy

where do teachers get 5 day off on family day? get your facts straight. the only day off is monday like everyone else or at least most. when oil prices were high, did we get an increase? did we get a piece of the pie? did they come to us and say lets increase your salaries?NO! they didnt. from 2008 to ptesent their own salaries increased 36%. but he insults us by saying that they will take a 5% cut on a 230k job where 1/3 is tax free. so that next year the vote themselves a hefty increase. yes NDP is pretty ****ty and so are the liberals but it would be a wake up call to the scum of conservatives we have now.

Your increase was when your vote was purchased prior to the last provincial election. What piece of what pie? When real estate is a hot market, do you expect to get a chunk of real estate commissions?

And what a surprise you want NDP to be voted in... please....