Thursday, October 30, 2008

Election Assures Rosy Quebec Update. Don't Believe All Of It

From The Globe And Mail:

MONTREAL -- If we've retained anything from this autumn of foreboding, it's that the optimism of our political leaders appears to be inversely proportional to the amount of time insulating them from a rendezvous with voters. The closer they are to an election, the more upbeat they sound about public finances. Call it the Law of Electoral Denial.

Those not in immediate danger of losing their jobs can show a bit more candour. Ontario Premier Dalton McGuinty could fess up before the others about the inevitably of a budget deficit because he has another three years before voters can cast judgment on his government.

Neither Stephen Harper nor Finance Minister Jim Flaherty would risk even acknowledging the glimmer of a prospect of a federal deficit before the Oct. 14 election. Since then, neither has been so categorical.

Read more ....

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