Politicians in the developed world are preoccupied with dividing up a diminishing pie, not a growing one.
Even in debt-free Alberta, an oil bubble is causing budgetary handwringing in government as deficits loom. This means spending cuts, or revenue hikes, or a bit of both or even, goodness forbid, racking up debts.
http://opinion.financialpost.com/2013/02/22/are-extractive-elites-sucking-the-life-out-of-canadas-economy/
