Reading the sky-is-falling report from the Blue Ribbon Panel on Alberta’s Finances should give you a dreaded feeling of deja vu.

The report — and the rhetoric surrounding it — sound remarkably similar to the political arguments made by then-premier Ralph Klein 25 years ago to invoke massive cuts to government spending and services.

Back then Klein summed up the state of the government’s finances by saying, “We don’t have a revenue problem, we have a spending problem.”