If your outgo exceeds your income your upkeep will be your downfall

I've been increasingly frustrated lately with the City of Toronto and their money woes. They have complained since 1997 about the fact (very true) that local service realignment was not "revenue neutral" and that the City has a higher burden than others in the Greater Toronto Area when it comes to various costs associated with making a city livable. More than just annually at budget time, we constantly hear about how Toronto needs money from the Province. Then there was the GTA pooling debacle. Finally the Province decides to give Toronto a little bit more freedom to exercise it's own taxing powers and take charge of its destiny.

Except it would seem that Toronto has no cojones.

To look at this another way.....say I complain about never having enough money. And my friends and family get sick of having to bail me out so one of them finds me a job. What a great idea - a longer term source of stable income from which I can budget accordingly

And then I say, "But I don't want a job, I just want money." I'd rather rely on the increasingly resentful generosity of others.

Yeah, I know what you're thinking, life doesn't work that way unless you're Paris Hilton or something.

But the City of Toronto isn't heir to any great parental fortune, so I say, time to get your sh*t together and move on. Decide which taxes you will charge to raise additional funds or cut services and take it like a grown up.