The Toronto Lexicon, Entry No. 4

Budget day (bud’jet daë) n

1. The day of the year when a government discloses how it spends its money, following which, for the remainder of the year, it would prefer to change the subject.

2. The day of the year when political talk is cheapest, as media outlets force-feed the airwaves with a relentless supply of information and opinion that far outstrips demand, and that clarifies little about the workings of government.

3. The day of the year when money can fix problems for a generation until next year.

4. A day of the year, just like all the others, in which the City of Toronto is short of funds.

The Toronto Lexicon is an ongoing project by this blog to provide precise and accurate definitions of terms as they are used in local political parlance. Tune in for regular additions.