The NDP released their “costed” fiscal plan yesterday, which was not in fact the full costing that they had promised, but rather a broad-strokes framework, full of vague line item names like “Helping Families Get Ahead” and “Help Where It’s Needed Most” rather than actually talking about their childcare plan, and their promises around the healthcare escalator. (That escalator, incidentally, has confused a lot of reporters in the room). It’s kind of ironic that after a week spent baiting the Liberals on releasing their costed platform, the NDP didn’t actually deliver theirs. Suffice to say, the analysis to date seems to be that the NDP platform relies on the Budget 2015 numbers – numbers which are no longer relevant as the price of oil has crashed even further, and GDP growth is nowhere near what was projected and likely won’t be anytime soon, which blows a hole of several billion dollars into the assumptions. It also relies on the same austerity that the Conservative budget is built upon, despite what the NDP insists. The Conservatives and Liberals immediately panned the document, but that’s not a surprise. Being as I’m not an economist, I’ll leave the comments for those who are, and they have plenty to say (with some background on how to read these kinds of documents from Kevin Milligan here):
https://twitter.com/kevinmilligan/status/644266217994215424
https://twitter.com/kevinmilligan/status/644266726171869184
https://twitter.com/kevinmilligan/status/644267141714149376
https://twitter.com/kevinmilligan/status/644267656929918976
https://twitter.com/kevinmilligan/status/644268654381563904
https://twitter.com/kevinmilligan/status/644269099938283520
https://twitter.com/kevinmilligan/status/644269679876288512
https://twitter.com/kevinmilligan/status/644270215551848448
https://twitter.com/mikepmoffatt/status/644306950700724224
https://twitter.com/rolandparis/status/644332078855815168
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