Inadvertent fiscal black humour
There’s something truly frightening listening to politicians and former politicians discussing the provincial government’s supposed plans to apply a surplus in the current fiscal year to the provincial debt. They…
Tom Marshall
Fooled him, too, did they? #nlpoli
Celebrity economist Wade Locke thinks it’s just great that the provincial government is going to use any surplus on its current budget to pay down debt. As he told the…
Pick an answer, any answer. #nlpoli
Tom Marshall can’t seem to make up his mind whether oil prices are easy to forecast or tough to figure out. On Thursday, he seemed to tell the St. John’s…
The Truth Deficit #nlpoli
Tom Marshall made the rounds on Thursday talking up his latest financial update. But after a call to Randy Simms on Open Line, Marshall likely felt likely he’d gone a…
One statement, three stories #nlpoli
Finance minister Tom Marshall delivered his fall financial update on Wednesday. Thankfully they no longer wind up being called mid-year updates since they appear long after the middle part of…
Misleading the House: recall the whole recall power story
Why would Nalcor mislead the people of Newfoundland and Labrador, asks finance minister Tom Marshall with all the seriousness he can muster. Yes folks, the fellow with one of the…
Slide a sheet of paper: the spend ‘em if ya got ‘em edition
Earlier this week, finance minister Tom Marshall announced a second increase in the estimate for offshore oil production for 2011 and with it an increase in provincial government revenues. Marshall…
Minister’s bullshite in excellent shape
How many false or misleading claims can one cabinet minister make in one letter to the editor of the province’s major daily newspaper? Let’s see how Tom Marshall did in…
Twenty six cents.
Remember a few months ago when, to great public fanfare, the Government of Newfoundland and Labrador announced in its budget that it would be giving consumers a break on their…
Dundernomics 101: the promise of problems ahead
Take a look at this picture. It comes from Wade Locke’s presentation at a conference of the province’s credit unions in Gander in the latter part of May. The blue…