Tuesday, January 22, 2019

It's Just Money

Canadians first heard this:




And this:



And then this:



And they still voted for him.


This guy:

Prime Minister Justin Trudeau is responsible for the two highest years of per-person government spending in Canadian history, excluding a war or recession, says a new study by the Fraser Institute.

The highest year was under prime minister Stephen Harper during the 2009 recession, at $8,711 per person.

But Trudeau, operating in a growing economy with high employment, came in only $62 below that, at $8,649 per person in 2017, and $72 below, at $8,639, in 2018.

“Consequently, two of the three highest-spending years on record — 2017 and 2018 — are within Prime Minister Trudeau’s tenure,” says the study, “Prime Ministers and Government Spending, 2019 edition” by Jake Fuss, Milagros Palacios and Jason Clemens.

It adjusts for population growth, inflation (except for 2015), changes in federal accounting practices, changes in government and excludes interest on debt.

**




Even his own dad didn't trust him with the family fortune.

This fortune:




 Are Canadians gluttons for punishment?

Oh, yes:

The number of Canadians who are $200 or less away from financial insolvency at month-end has jumped to 46 per cent, up from 40 per cent in the previous quarter, as interest rates rise according to a new poll. 

A survey conducted for insolvency firm MNP Ltd. in December also found that 31 per cent of Canadians say they don't make enough to cover their bills and debt payments, up seven percentage points from the September poll.

Adding to this debt are planned carbon taxes.


Prior to scrapping the carbon tax in 2014, Australian taxpayers saw their electricity costs rise 10 % and businesses passed the added costs of carbon pricing onto customers before either down-sizing or closing altogether. Canadian households stand to pay anywhere from $600 to over $1,000 annually.

And let's not forget how job-killing carbon taxes are.

So it is not hyperbolic for Ontario Premier Doug Ford to suggest that carbon taxes will lead to a recession:

Ford renewed his calls for the Trudeau government to abandon its plan to put a price on carbon.

“A carbon tax will be a total economic disaster, not only for our province but for our entire country,” he said. “There are already economic warning signs on the horizon.”

To vote for a tax that is based on a faulty premise anyway is throwing money at an irresponsible frat-boy whose own father had reservations about handing him the family fortune right away.

Actually, that is exactly what it is.

It's like talking to people who think that real cash is Monopoly money.

Nope.


(Merci)



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