labradore

"We can't allow things that are inaccurate to stand." — The Word of Our Dan, February 19, 2008.

Saturday, February 12, 2011

Tomonomics (II)

Tom Marshall has a job creation plan. No, not this job-creation plan, a different one:
“It’s no good for people to come to me with a wish list,” he said. “We’re doing all we can, but we can only do so much. We’re hearing some great ideas, but we will be sitting down and figuring out exactly how to use the extra revenue wisely.”

He was referring to extra oil revenues the province has been seeing in the past few years and said the province still has a massive debt that needs to be brought down.

He added that oil revenue is finite, and it should be used to invest in programs that would create jobs after the oil wells run dry.
Mmmmkay.

The oil revenue is translated into investment in programs to create jobs after the oil wells run dry.

Let's see if anyone can figure out the inherent flaw in this economic plan.

3 Comments:

At 6:00 PM, February 12, 2011 , Blogger Ursula said...

PLANET EARTH TO MAJOR TOM :

PAY OFF THE BLOOMIN' DEBT .

 
At 10:07 PM, February 12, 2011 , Blogger Edward Hollett said...

How many people will be employed generating electricity at Muskrat Falls?

Anyone?

Beuhler?

Beuhler?

Generating electricity at Muskrat Falls is to jobs as Tom Marshall is to debt reduction.

 
At 8:57 AM, February 14, 2011 , Blogger Norman Andrews said...

What industries does the Dunderdale government have coming on stream to coincide with the Muskrat Falls completion?

Certainly they must be able to entice some companies to set up in Labrador to use that low cost, environmently friendly power.

That would be money will spent to help the province in their job creation plans after the oil runs out.

What about that idea Mr. Marshall? Naw, not in Labrador, that would be to close to the markets and on the mainland of Canada to.

 

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