Playing Pan Am Games with Deficits

The McGuinty government is only a long jump away from leading Ontario back into deficit, yet it still believes spending - yet un-budgeted - $1.7 billion on the 2015 Pan Am Games is a prudent financial move. Dropping large sums of money on fun and entertainment with little or no return is anything but prudent. During uncertain times families tighten their belts and protect their cash - starting with the entertainment budget. That is what good financial managers do. The premier should do the same; shore up the fiscal position in Ontario, control spending, lower taxes and establish the fundamentals necessary to keep the budget balanced and spur the economy.