There’s an op-ed piece in the TJ today that dared to suggest the unthinkable (I have been saying this for years).
That running small deficits to achieve your vision is not a bad idea.
In the late 80s and early 90s we got so scared of deficits that now they are absolutely fobidden. Cursed is the politician that would suggest this.
But the reality is that running short term deficits – for a good cause – is no different than using your credit line on a short term basis to pay to fix your car or roof.
In New Brunswick, we seem to prefer more Equalization and ignorance of the systemic challenges facing our province. I, for one, would fully support running small scale deficits if that money was used to make key investments in our future.