During the June 3 TVO debate on issues facing the 416 (Toronto) ridings in the run-up to the June 12, 2014 Ontario provincial election, Green Party of Ontario candidate for York Centre, Joshua Borenstein, mentioned a modified version of John Turmel’s Argentine Solution (at 30m).
John Turmel is the founder of the Paupers Party and I interviewed him as a 2012 Kitchener-Waterloo byelection candidate, when he was promoting the “Argentine Solution” of paying Ontario government workers with a portion of their salary in Ontario government bonds in lieu of pay. That way, savings could be had in the short-term until the bonds come due, and no money would have to be borrowed directly from banks in order to issue them.
Joshua Borenstein suggested a modified version of the plan, saying that Ontario should provide tax credits to Ontario public sector employees, which they could then redeem on their 2014 tax filing next year.
These are exactly the kind of alternative ideas that the three main parties (Liberal, PC and NDP) are not offering voters, and why we need more alternative voices in these discussions, such as the Ontario Libertarian Party.