Tuesday, October 16, 2007
The Six Million Dollar Man
Thank you fellow Islanders for voting in a Liberal government here on Prince Edward Island. It's been so long since we've last had a deficit in the area of the $42-million just announced in today's provincial budget. I know, it's not like the last liberal budget deficit of $71.4-million that we had back in 1993, but at least they're making the effort. Of special interest is the $4.4 cents per litre I save every time I put gas in the car, and all you fellow Islanders that have never even driven a car get to pay for it, to the tune of $6 million this year. Plus interest. Here's the details on CBC's website. The deficit tops any brought in during the Progressive Conservatives' 10 years in power — with a peak of $39.5 million in 2004 — but it is not the largest budget deficit ever on P.E.I. In 1993, Liberal Premier Catherine Callbeck brought down a deficit of $71.4 million.