Sammyboy RSS Feed
18-11-2014, 06:30 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
On the AHTC issue, it is alarming to me how people can be swindled by such a simplistic accusation. If the balance sheet has reserve, a virtuous govt will draw on it for the benefit of the residents. A deficit in p&l means outflow exceeds inflow during the year, it is normal when the TC is incurring expense to improve the residents amenities. On the other hand a bloodsucker govt will keep hoarding reserve with the excuse "keep for rainy days" while they continue to haunt residents with legal letters. I dare put my money the kindness towards constituents will ensure they retain their hold on GRC in the next GE.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?194208-Surplus-Good-and-Deficit-Bad-SC-amp-C-arrears-high-Bad&goto=newpost).
On the AHTC issue, it is alarming to me how people can be swindled by such a simplistic accusation. If the balance sheet has reserve, a virtuous govt will draw on it for the benefit of the residents. A deficit in p&l means outflow exceeds inflow during the year, it is normal when the TC is incurring expense to improve the residents amenities. On the other hand a bloodsucker govt will keep hoarding reserve with the excuse "keep for rainy days" while they continue to haunt residents with legal letters. I dare put my money the kindness towards constituents will ensure they retain their hold on GRC in the next GE.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?194208-Surplus-Good-and-Deficit-Bad-SC-amp-C-arrears-high-Bad&goto=newpost).