Saturday, October 08, 2011
David Frum explores Ontario's wrong turn. Hopefully Tim Hudak will use the next few years to consolidate Tory gains and defeat the grits the next time.
Ontario faced a near-term future of fiscal austerity, no matter who won the election. The ballot question in 2011 was: How was this austerity to be achieved? The McGuinty record was clear: The McGuinty version of fiscal austerity included continuing pay increases for public-sector workers.
The McGuinty version of fiscal austerity includes green-jobs boondoggles. Ontarians must overpay twice for energy: Once in the form of huge overpayments to uncompetitive solar and wind producers, and then again in the form of subsidies to companies that manufacture the components for solar and wind.
The McGuinty version of fiscal austerity will tilt toward tax increases and away from spending control.
A tax-heavy version of austerity will have serious consequences for Ontario within Confederation.