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Premier Kathleen Wynne treats her government’s massive debt as if she’s won the lottery.

To her, runaway debt is a force for good, helping her to treat Ontarians “fairly,” with no economic consequences.

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But the premier’s belief she can spend Ontario rich is nonsense.

In reality, imposing decades of economic hardship on present and future generations of Ontarians by saddling them with record levels of debt, is the true legacy of 15 years of Liberal rule in Ontario, going back to Dalton McGuinty’s election as premier in 2003.

Photo by THE CANADIAN PRESS/Mark Blinch

Their reckless spending has put us on a treadmill of higher taxes, rising debt and deteriorating public services. Here’s why:

Since 2003, the Liberals have doubled government spending from $71 billion to $141 billion annually, while increasing provincial debt by 125%, from $138.8 billion to $311.9 billion, making Ontario the world’s most indebted sub-sovereign borrower.