LETTER: Live within our means

Spending our way into prosperity will create debt almost impossible to pay off

There has been a great deal of discussion during the past few days regarding the federal government surplus for the first six months of the year.The government is being being attacked by many because of posting a surplus during this time.

Would you not expect an honest government to admit to a surplus?

There was a statement made,”Our current Government is under-spending and making cuts to obtain a surplus.”

My understanding is that budget requests are submitted by individual departments to finance to prepare the budget. When Parliament passes the budget, the figures become public. Just because there is an amount in the budget it does not mean that the full amount must be expended.

Hopefully, there is built into the budget figures, funds to cover contingencies, such as emergencies, price increases, program modifications, unforeseen circumstances.

A financially prudent government will closely monitor expenditures and if the requirements are less than the approved amount,the surplus is held for future use?Does this not make sense?

I recall a few years ago, a statement was made by a senior government official “shovelling money off the back of a truck.” Around that time, B.C. became a “have not” province.

Another statement has been made that we will go into a deficit to stimulate our economy. Many years ago I was told by an uncle; “Don’t spend what you don’t have,or have money in the bank to cover, except for a mortgage.”

Our current government has brought us through some tough times, have had problems, but compared to the rest of the world we are doing well. What do we want for our children? Tighten our belts now and living within our “means,” or try to spend our way to prosperity and incur a debt which will be almost impossible to pay off?

Let’s give this some thought.

Eric Myrholm, Abbotsford

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Mandeep Grewal was gunned down outside an Abbotsford bank in October 2018. Police said a violent gang war to control drug-line territory was going on at that time. Drug charges have now been announced against seven people. (FILE PHOTO: John Morrow/Abbotsford News)
7 people face 38 charges related to gang drug activity in Abbotsford and Mission

Police say investigation began in 2018 into expansion of Brothers Keepers’ drug line

A memorial to former Abbotsford and RCMP police officer Shinder Kirk in Cedar, B.C. Kirk died in a car accident on Cedar Road in December 2018. (Chris Bush/News Bulletin)
Trial begins for driver involved in car crash that killed retired Abbotsford police sergeant

RCMP accident reconstructionist takes stand in trial of Conrad Nikolaus Wetten

This vehicle is suspected of being involved in a suspicious incident on Friday (May 7) on Mouat Drive in Abbotsford.
Driver in Abbotsford tries to lure teen girl into his vehicle

Man tells 14-year-old that her mom sent him to pick her up

The map shows the number of COVID-19 cases for the week of April 25 to May 1. The darkest areas indicate communities with a daily average of more than 20 cases per 100,000 population. (BC Centre of Disease Control)
Surrey and Abbotsford battle for top COVID hotspot in Fraser Health

Two communities are among areas across province showing highest transmission

Michael Proud, a clinical nurse educator at Mission Memorial Hospital, standing outside the hospital. Patrick Penner photo.
Local nurses shine perspective on the last year through COVID-19

Stressors, challenges and successes on the pandemic’s front line

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

Jennifer Coffman, owner of Truffle Pigs in Field, B.C., poses beside her business sign on Thursday, May 6, 2021, in this handout photo. Her restaurant and lodge have been hit hard by a closure of a section of the Trans-Canada Highway and by the British Columbia government discouraging Alberta residents from visiting during the pandemic. THE CANADIAN PRESS/HO-Jennifer Coffman, *MANDATORY CREDIT*
‘Why we survive’: B.C. boundary towns struggle without Albertans during pandemic

Jennifer Coffman’s restaurant is located in the tiny community of Field, which relies pretty on tourism

Hundreds gathered for a candlelight vigil Friday evening (May 7) to remember 29-year-old corrections officer Bikramdeep Randhawa, who was killed in last weekend’s brazen daylight shooting outside North Delta’s Scottsdale Centre mall. (James Smith photo)
Hundreds gather to remember victim of North Delta shooting

Corrections officer Bikramdeep Randhawa, 29, was killed in what police say was a targeted incident

Flags flown at half mast out front of Fraser Regional Correctional Centre for slain corrections officer Bikramdeep Randhawa. (Neil Corbett/ The News)
Public vigil and flying flags at half mast done to honour slain prison guard

Maple Ridge corrections officer Bikramdeep Randhawa, 29, is being remembered in a number of ways

A sign indicating face coverings are required by the establishment is pictured on the front door of a business in Vancouver, B.C., Friday, April 9, 2021. COVID-19 cases have been on a steady increase in the province of British Columbia over the past week. THE CANADIAN PRESS/Jonathan Hayward
A sign indicating face coverings are required by the establishment is pictured on the front door of a business in Vancouver, B.C., Friday, April 9, 2021. COVID-19 cases have been on a steady increase in the province of British Columbia over the past week. THE CANADIAN PRESS/Jonathan Hayward
B.C. to start releasing neighbourhood-specific COVID numbers after data leak

Documents obtained by the Vancouver Sun show cases broken down by neighbourhoods

Provincial health officer Dr. Bonnie Henry and Health Minister Adrian Dix update B.C.’s COVID-19 situation at the B.C. legislature, April 29, 2021. (B.C. government)
B.C.’s COVID-19 case count creeps up, seven more deaths

445 people in hospital, 157 in intensive care

Summerland’s positive test rate is much higher than surrounding local health areas, according to internal BC CDC documents. (BC CDC)
Summerland 3rd behind Surrey, Abbotsford in daily per capita COVID-19 cases

Interior Health is rolling out additional vaccine availability to the community

Amazon is pausing its Prime Day marketing event in Canada this year amid ongoing COVID-19 outbreaks at its facilities in Ontario. THE CANADIAN PRESS/Nathan Denette
Amazon Prime Day halted in Canada due to COVID-19 outbreaks in warehouses

The event was postponed to protect the health and safety of employees and customers, the company says

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Most Read