Thursday, September 24, 2020

A Total Waste of Time

If there is anyone who loves the sound of his own tinny, lispy voice as it says absolutely nothing of value whatsoever, it's the frat-boy son of a wife-beating and incredibly dead prime minister.

 

Some "gems" from the colossal waste of oxygen delivered to a people who either didn't care to watch it or weren't at home to watch it because they have some of the few jobs not extinguished by the house arrest lockdown:

This space has long argued that fighting the pandemic has to be “Job No. 1” for all levels of government. Keeping the number of infections from exploding is surely the way to keep the economic recovery from going into reverse gear.

The Trudeau government’s Throne Speech adopts almost the same language. Adopts it, and then orphans it.

“The first foundation of the government’s approach is protecting Canadians from COVID-19,” said Wednesday’s agenda-setting text. “This is priority number one.”

"The best way to keep the economy strong is to keep Canadians healthy,” it continued, describing the need for a “Team Canada effort.”

“Protecting your health,” said Prime Minister Justin Trudeau on Wednesday night, “is the best thing we can do for the economy.”

 

Is that so?

Well ... :

 

What about the 9,246 dead


The son-of-a-b!#ch even threatened to cancel Thanksgiving because "crossroads" in what has been dubbed as a "rare television address" even though he alone is the star under the Tent of Commons:


I thought that we had it under control because we are not the US?

Hhhhmmm ...

 

A few more things that can't be delivered:

Low interest rates mean we can afford it. And, in fact, doing less would end up costing far more. Doing less would mean a slower recovery and bigger deficits in the long run,” he said.

 

Yes, about that:

The prevailing theory in Liberal circles is that interest rates are so low that governments are obliged to lock in and borrow without remorse. Since the Bank of Canada holds 60 per cent of all outstanding Government of Canada securities, we can afford to risk upsetting international markets, the thinking goes. 

But as former Liberal advisor Robert Asselin pointed out, the Bank’s quantitative easing is a temporary measure to boost demand and make sure rates stay low during the crisis. “The idea that the Bank of Canada will continue to buy billions in government bonds indefinitely is false,” he said.

** 

The value of weekly benefits for unemployed workers would rise to $500 a week under legislation the Liberals introduced today.

** 

The Liberal government unveiled plans to extend the Canada Emergency Wage Subsidy through to next summer and a variety of initiatives to help workers and especially women rejoin the workforce, including steps toward a Canada-wide childcare system and funding for skills training.

 

As of 2019, there were 19.06 million employed persons in Canada. Thanks to the lockdown, 1.5 million women lost their jobs

(Sidebar: childcare isn't needed anymore as mum is at home, so ...)

Is there a disparity so great that the government needs to get involved?

Nope, but it all looks good on paper and it helps distract everyone from the fact that the only jobs the government creates are ones in the public sector.

Whatever ...

**

The policy objectives laid out in the federal government’s throne speech virtually ignored a Canadian energy sector in crisis and will result in job losses, Alberta’s premier said in a statement issued Wednesday night.

“Alberta is disappointed that instead of listening to Canada’s provinces, the federal government doubled down on policies that will kill jobs, make Canada poorer and weaken national unity,” Premier Jason Kenney said.

 

Yes, but that is why one should bleed the east, Mr. Kenney.

The east may deplore oil but they sure do love the revenue from it.

**

This is not the time for austerity. Canada entered this crisis in the best fiscal position of its peers and the government is using that fiscal firepower.”

 

That's groovy.

Where will the money come from? 

Will it be from the wealth tax that won't apply to the Liberals and their friends who have their money off-shore or will it apply to the companies and other investors who won't remain in Canada because the taxes are too high and the regulations ridiculous?

The country isn't generating money. People on the CERB welfare get more borrowed money than they would working so why return to work and get taxed (which in turn ends up in government coffers)?


I'm sure there will be answers when the NDP hand the Liberals the power to squander what remains of this country's wherewithal.


 

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