The author is defending the ndp hip and even states they doubled it.
Consider this: when the Liberals came into power in 2001, the provincial debt stood at $33.8-billion. In 2011, it was estimated to be $45.2-billion. And we know it is only going to keep growing between now and at least 2013, if not longer.
This is not the kind of record that a party that prides itself on responsible fiscal management wants with an election 17 months in the offing. And yet, the provincial New Democratic Party has been strangely silent on the debt issue.
On one hand it makes little sense. This should be something the NDP seizes upon given the extent to which the Liberals have dined out politically on the perception they are better stewards of the provincial treasury than the New Democrats. In fact, the Liberals have won the last three elections by scaring the electorate into believing it would be making a huge mistake entrusting the economy with the New Democrats given what they did with it while in power in the 1990s.
The NDP economic record during its decade in office was not as bad as the Liberals suggest. In fact, there is a case to be made that the provincial economy grew at a faster clip under the New Democrats than it did under the Liberals – but then so did overall debt.
And maybe that's why the NDP has not said much publicly about the province's soaring debt levels under the Liberals – because the party knows it had a worse record on that front when it was in office.
When the NDP assumed power in 1991, the B.C. provincial debt was $17-billion. When it got kicked out in 2001, it was nearly $34-billion. The NDP doubled it.
Somebody needs to be talking about B.C.'s debt load
https://www.theglobeandmail.com/amp/news/british-columbia/somebody-needs-to-be-talking-about-bcs-debt-load/article4247786/