Music, IT & Human Rights since 2005

NJN, PEI, Prince Edward Island

Hiding the deficit

Update – April 3, 2009 – This story is from Liberal Millionaires Club . It didn’t come across in the conversion so we are re-posting.

By Stephen Pate, NJN Network, Charlottetown, PEI, Canada

The PEI deficit is estimated to be running at $2 million per week which is double the reported rate. The government is said to be using the Chinese investor money to hide the real extent of their spending. Update – our prediction back then of $100 million plus deficit was accurate. UPEI economist Sentence reminds me of the story. What have you got with one economist: two opinions. With two economist: seven opinions. Three economists in the same room, no opinions just mumbling.

httpv://www.youtube.com/watch?v=_ySwXeCj2NE

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