Posts Tagged ‘social conservatives’

Is Fiscal Conservatism Dead?

Written by Harold McNeill on October 16th, 2019. Posted in Tim Hortons Morning Posts, Editorials


While Newfoundland and Labrador have not yet declared bankruptcy, they are on the verge.
Guess who engineered the downfall?

Oh, Danny boy, the pipes, the pipes are calling
From glen to glen, and down to oceanside.
The summer’s gone, and all the roses falling,

It’s you, it’s you who choose to quit, the rest must bide.

And, Danny Williams, the ninth Premier of the Newfoundland and Labrador, did just that. After setting the province up for failure, he walked away a hero.  Was Danny as a fiscal conservative? Perhaps, but rather than setting up the Province for success as one might expect from a party and leader that preached fiscal conservatism, he and the party preferred, instead, to reap the benefits of power in the present. It’s the failing of many governments, not just the Conservatives, but it is an extra failing for the Conservatives as they profess themselves to be the party of fiscal prudence.

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Part 1: Newfoundland & Labrador: A case study in how to fail

For those who think I have heaped to much blame on Alberta and British Columbia Conservatives for poor resource and fiscal management, let’s take a trip to the east coast for some relief. It seems the rise of Conservatism in NFLD under the leadership of Danny Williams in 2003, is eerily similar to the Alberta experience of the last two decades.  This from a 2018 National Post article:

When Danny Williams (that vibrant, outgoing, irascible, Irish politician) came to power as the ninth premier of NFLD in 2003, he promptly held a grim news conference where he warned that the provincial debt was out of control, and threatening to bankrupt the province. Fortunately for Williams, after one unpleasant budget and a nasty public sector strike, the price of oil rocketed from around $30 when he first took office, to $50 by the early months of 2005.

By the end of Williams’ first term in office, oil was flirting with $80 a barrel and it only climbed higher in his second term. Williams cut taxes and allowed spending to explode, fuelled by windfall oil royalties, right up until he quit politics in 2010, one week after he had announced a landmark deal for a multi-billion dollar hydroelectric project. 

“During those good years, a few columnists, some policy wonks, and the province’s (Newfoundland that is) auditor general fretted that the government was living beyond its means, but the electorate didn’t care. After decades of crushing societal poverty, Newfoundland and Labrador was rich for a change, and Williams got credit for the economic miracle.”

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Comments

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    November 29, 2021 |

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  • Сериалы 2021 zhd.life

    November 29, 2021 |

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    McNeill Life Stories Royal Oak Community Gardens – McNeill Life Stories

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    November 28, 2021 |

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  • Harold McNeill

    November 26, 2021 |

    Hi Dorthy, So glad you found those stories and, yes, they hold many fond memories. Thanks to social media and the blog, I’ve been able to get in touch with many friends from back in the day. Cheers, Harold

  • Harold McNeill

    November 26, 2021 |

    Well, well. Pleased to see your name pop up. I’m in regular contact via FB with many ‘kids’ from back in our HS days (Guy, Dawna, Shirley and others). Also, a lot of Cold Lake friends through FB. Cheers, Harold

  • Harold McNeill

    November 26, 2021 |

    Oh, that is many years back and glad you found the story. I don’t have any recall of others in my class other than the Murphy sisters on whose farm my Dad and Mom worked.

  • Harold McNeill

    November 26, 2021 |

    Pleased to hear from you Howie and trust all is going well. As with you, I have a couple of sad stories of times in my police career when I crossed paths with Ross Barrington Elworthy. Just haven’t had the time to write those stories.

  • Howie Siegel

    November 25, 2021 |

    My only fight at Pagliacci’s was a late Sunday night in 1980 (?) He ripped the towel machine off the bathroom wall which brought me running. He came after me, I grabbed a chair and cracked him on the head which split his skull and dropped him. I worried about the police finding him on the floor. I had just arrived from Lasqueti Island and wasn’t convinced the police were my friends. I dragged him out to Broad and Fort and left him on the sidewalk, called the cops. They picked him up and he never saw freedom again (as far as I know). I found out it was Ross Elworthy.

  • Herbert Plain

    November 24, 2021 |

    Just read you article on Pibroch excellent. My Dad was Searle Grain company agent we move there in 1942/3 live in town by the hall for 5 years than moved one mile east to the farm on the corner where the Pibroch road meets Hwy 44. Brother Don still lives there. I went to school with you and Louise.

  • Herbert Plain

    November 24, 2021 |

    Just read your life account of Pibroch excellent.
    My family mowed to Pibroch in 1942 Dad was grain buyer for Searle Grain Company lived in town for 5 years than mowed one mile East to the farm on the corner of the road from Pibroch and Hwy 44. Bro Don still lives there.I went to school with both you and Louise.