Just an opinion from a “retired Businessman who lives in the Greater Victoria Region.”
Gwyn Morgan, a “retired Businessman who lives in the Greater Victoria Region.”, penned an article in the Alberni Valley News yesterday. http://www.albernivalleynews.com/opinion/206277021.html?fb_comment_id=fbc_156711017836202_280258_157028854471085#f6ac7ecd047de
Here is an excerpt:
We also need to focus on balancing the provincial budget, rather than taking money away from social programs to fund rising interest costs. Forty years of experience in business has taught me that too much debt is crippling. It scares me that the NDP has rolled out billions of dollars in new spending during this campaign, and their “every dollar is accounted for” rhetoric just isn’t credible because their anti-development attitude will reduce revenue at the same time as spending rises.
There is truth to the adage, “Those who fail to learn from history are doomed to repeat it.” The NDP came to power in 1991 and governed the rest of that decade. Investment dried up and economic growth trailed the rest of Canada. A low point came when the Edmonton Chamber of Commerce thanked the B.C. government for driving growth investment in Alberta. Glenn Clark’s 1996-1999 tenure was arguably the most disastrous for B.C. and with Adrian Dix, Premier Clark’s former Chief of staff leading the province, I’d be very worried about history repeating itself.
It took many years for the Liberals to repair the damage. During their time in government, North America suffered through a major recession and yet we now have a triple-A credit rating, higher than the U.S. government, allowing B.C. taxpayers the lowest possible interest rates.
Have the Liberals done everything right? Certainly not. The introduction of the HST by the Campbell government was badly handled. There have been other gaffes and ill thought out policies. And while there is a natural inclination for people to vote to change long governing parties, it’s important not to let the NDP sleepwalk to victory without thinking about which party is likely to create jobs and not burden today’s young people with a mountain of debt.
Well how wonderful of Mr. Gwyn Morgan, “retired businessman”, to share his concern for BC with the lovely people of the Alberni Valley and elsewhere, thank you to the internet. So altruistic.
It’s too bad that the editor didn’t identify Mr. Morgan as the soon to be former chair of the Board of SNC Lavalin – who has many existing and new contracts with the BC government.
Or point out that Gwyn Morgan was the founder and former president of EnCana, who has given extensively to the BC Liberals and makes a lot of money in BC.
Or that he himself supported Christy Clark financially in her leadership campaign…or that Gwyn Morgan even acted as a transition advisor to Christy Clark when she became premier of BC.
That might have put a bit of a different spin on his concern, don’t you think? In fact, it is a bit of a fracking joke if you ask me…