Autarky
Honest to... From an ITAR-DUN release this afternoon:
“Our number one priority for developing Muskrat Falls is to meet the electricity demands of our own province and to stabilize rates over the long term. On that basis alone, if we never sold one megawatt of power outside of this province, development of Muskrat Falls makes sense and will bring significant employment and income to the residents and businesses of Newfoundland and Labrador,” said Premier Dunderdale.And who will be paying that income to the residents and business of Newfoundland and Labrador?
Why, the residents and business of Newfoundland and Labrador will be!
And they'll also be servicing Her Majesty's provincial government share of the debt incurred in this adventure in Albanian economics.
Everyone's a winner!
Labels: autarky, dundernomics, Lowered Churchill expectations
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