Quote of the Day: “Education spending will be most effective if it relies on parental choice and private initiative – the building blocks of success throughout our society.” Milton Friedman
TheRecord’s Editorial today is about the bloated and short sited federal budget. The word “deficit” is mentioned once and the word “debt” is also mentioned once – at the very end of the column. “Even the government’s favoured measure — the debt-to-GDP ratio — is predicted to rise next year to 43.5 per cent and stay above 40 per cent in the coming years.” Yipes.