Thread by @yomeeks

The Pension War Room brings the budget edition! A couple of observations:

First, there is less Trudeau bashing than the last fiscal update. It wasn't a good look. So good to see a slight improvement here. #AbLeg #handsoffmypension
That stuff has no place in these docs. Grow up.

Second, in the "garbage in, garbage out category" we have a regurgitation of MacKinnon:
"MacKinnon found that Alberta has a lower cost of living (measured by a comparison of provincial taxes and utilities in key cities in each of the provinces) ...." #AbLeg

So MacKinnon ignored every other economist on Earth that would use a basket of goods and services to measure cost of living. (food+rent+transportation, for example) She instead said (low)taxes+(low)utilities=cost of living

Voila, we have a low cost of living in AB. #AbLeg

Wrong, we have an error in logic.

It continues..
"and yet relative to other provinces, Albertans pay more than most Canadians for public services"

Wrong again. Cost of K-12 education in AB is substantially below the avg of the other provinces. #AbLeg #handsoffmypension #fail

After all, that is the metric used in the Health section. Yet this metric magically disappears when we get to the education section. #AbLeg #fail

In crazy @jkenney statements this one is the bomb:

"The federal government also needs to provide greater certainty and predictability for investment ."

His crazy talk alone has done more destroy investment in AB than anything the feds have done. See separation talk for examples

Good to see Gainers Inc is still carried on the books! (no shit it is still there, go look). This liability is being carried just in case they figure out where Pocklington's money is.

I would like to cut apart the education funding. But it is not clear at all what is going on. We need more details.

Like on the KXL losses. Which are not reported on in their entirety. All those accountants and this is what we get.... #AbLeg