Mid-Week Post

Your post-prandial nap ...

Is this the last good Thanksgiving in Canada?:

Canada lost 68,000 jobs in September. Young people were particularly hard hit, and Quebec recorded the largest provincial decline. These losses follow the disappearance of 42,000 jobs in August, when Ontario bore more of the brunt. Month after month, the data show that the labour market is faltering.

In fact, Canada’s labour market has 41,200 fewer workers than it did at the beginning of 2026. Meanwhile, the American economy has added 595,000 jobs. That is very little by American standards. So imagine what our record means for Canada.

Following the labour market results, the Canadian dollar slipped to around US$0.70, its lowest level since the spring of 2025. No one really knows where it is heading, but with bad economic news piling up, our dollar could plausibly fall further in the coming weeks. With winter approaching, that does not bode well.

Over six months, Canadian imports of agri-food and seafood products amount to roughly C$38 billion, estimated from the annual total for 2024. That figure illustrates the scale of the money involved; it is not a confirmed total for the November-to-April period. Fresh fruits and vegetables are, of course, particularly exposed to a weak dollar during the winter. Their main import season runs from November through June.

According to our scenarios, if the dollar falls to US$0.68, fruit inflation could reach 4.0%, while vegetable inflation could reach 5.5%. At US$0.65, just a few cents lower, those rates could reach 4.6% and 6.5%, respectively, all else being equal. Historically, vegetables have been much more exposed to currency fluctuations than fruits.

**

The latest Statistics Canada figures, which came out this week, suggest that both ambitions have yet to meaningfully change our dependence on the United States. Between January and August 2026, Canadian agri-food imports from the United States declined by 0.7%, compared with the same period in 2025. That might sound like evidence that Canadians’ determination to avoid American products is having an impact. But Canada’s total agri-food imports declined by 1.2%.

Consequently, the American share of our agri-food imports increased from 47.09% to 47.33%, a gain of 0.24 percentage points.

The export picture is equally revealing. Between January and August 2025, the United States received 61.92% of Canada’s agri-food exports. During the same period in 2026, that share reached 61.98%. Both figures round to 62%.

Despite the boycott rhetoric and repeated calls to find new markets, our agri-food trade remains anchored to the same customer and supplier.

 

This is winning, right?

It's not like it's THEIR money:

This is so egregious and unconscionable -the conflicts -self-enrichment -covert corruption is unpretecedtrdv! G

— Concerned Canadian (@Concern70732755) October 12, 2026

**

Prime Minister Mark Carney’s plan to bolster Canada’s economy while reducing our reliance on the U.S. economy is based on the claim we can spend ourselves rich.

That is, that reducing corporate taxes while simultaneously increasing capital spending – or rather, what the Carney government calls capital spending – will lead to long-term prosperity.

In an appearance before the Senate finance committee last week, parliamentary budget officer Annette Ryan said the approach the government is taking risks sending the costs of servicing government debt into the “danger zone” and that its abandonment of a key fiscal anchor on spending is “the opposite of prudence.”

In addition, the Carney government’s failure to define the reasoning behind what it now classifies as operational versus capital spending means even her office – an independent, non-partisan watchdog on government spending – can’t determine if the budget numbers add up.

In testimony first reported by Blacklock’s Reporter, Ryan said current government spending to pay interest on the federal debt is moving “very quickly right now” from 10 cents on every dollar of revenue to 14 cents in a couple of years and, if that pattern continues, “when you get up to 18 or 20 cents on the dollar, that’s a danger zone.”

She criticized the Carney government’s abandonment of using its debt-to-GDP ratio as a fiscal anchor on government spending, while substituting the promise of a balanced operating budget starting next year.

“I think it’s straightforward to say that a fiscal rule based on a debt-to-GDP ratio would be more prudent,” she testified. “You get a declining debt-to-GDP when you essentially have revenues surpassing expenditures through time based on your GDP and population. That really is at the core of prudence.”

By contrast, she said, the government’s “very ambitious” argument that significantly increasing its capital spending on infrastructure and other programs will boost GDP in the way it claims, “is prone to many, many risks and essentially that is the opposite of prudence, so I’ll stop there.”

Part of the problem is that the federal government has divided what was previously reported as the annual federal deficit into two parts – operating spending and capital spending financed by public debt.

It’s only the operating budget – the day-to-day costs of running the federal government – which Carney has said the government will balance next year, while it’s reclassified capital spending, financed by debt, as investments that will increase GDP.

But the PBO argues the Carney government has already wrongly classified many of its operating costs such as corporate tax cuts, investment tax credits and operating subsidies to companies as capital expenditures, contrary to international public accounting standards and practices.

In a previous report, the PBO said, $94 billion, or 30%, of the spending the Carney government classified as capital investments in its budget was actually operating costs of running the government, and if properly accounted for, would leave the operating budget in a deficit.

“Because the government has stepped away from the fiscal anchor of debt-to-GDP, which was that straightforward prudence, we wanted to really understand the fiscal anchor they said they would be governed by with this new creation of operating budget balance,” Ryan said.

But her office wasn’t able to determine that because the information was not contained in the most recent federal budget or the spring economic update, nor was it available when the PBO made its own inquiries to determine what the government classified as operational versus capital spending and its forecasts of their impact on the economy.

“Given that the government has set forward this operating budget as one of its two fiscal anchors, the other one being a declining deficit- to-GDP ratio, I would see it as really imperative that the government would make this detail available with each of its budget documents, to show how they are seeing their own fiscal discipline … I think the responsibility belongs to the government to clearly show how they see that this fiscal anchor represents an accurate discipline in terms of their expenses,” Ryan said.

Thank God Canadians don't know math, right?:

The Fraser Institute has released its Economic Freedom of the World annual report, and Canadians should be alarmed as the country has dropped from 9th to 18th. Economic freedom correlates directly with happy, healthy, prosperous lives. Canada is still a long way from the bottom, but moving in the direction of nations such as Algeria, Iran, Myanmar, Libya, Sudan, Zimbabwe, and Venezuela is not a trend to be ignored.

Growth in the size of the federal government, onerous regulatory frameworks, and freedom to trade internationally were where Canada was found lacking by the report. The data used for the rankings is from 2024 and does not account for the current trade war. Freedom to trade internationally has dropped significantly with Canada’s largest trade partner recently, which likely would cause the country to fall even further in the rankings if that were taken into account.

The benefits of maintaining economic freedom are easily seen. In the freest quartile of countries, average incomes are roughly 6.9 times higher than in the least-free quartile, people live around 14 years longer, and they work fewer hours per week than those living in nations at the bottom of the rankings.

But are Canadians noticing the decline? Economic apathy is endemic, and it’s hard to inspire public discourse on something such as economic freedoms. Ironically, people are often working too hard to take the time to look outward and understand why they must keep working harder to attain less.

Continued Canadian indifference will be costly. A nine-place slide in a single year is not statistical noise. It coincides with a long Canadian pattern of high and rising government claims on national income, layered regulation, and new frictions on cross-border exchange. Those choices show up later as slower real income growth, tighter housing and business formation, heavier tax burdens on work and investment, and a widening gap with peers that score better—the United States at 5th, Australia and New Zealand near the top, and the United Kingdom still ahead of Canada. Hong Kong, Switzerland, and Singapore continue to occupy the leading places even as global averages remain below pre-pandemic levels after the surge in spending, rules, and trade barriers.

**

CANADIAN GOVERNMENT PAID OUT OVER $7.1 BILLION IN CHILD BENEFITS TO NON-CITIZENS! about $7.134 billion went to temporary residents, protected persons, and other non-citizens, after permanent residents were excluded. Over the same period the program paid out about $241.5 billion in total, so this group was roughly 3 percent of CCB spending. The reported yearly path matches the rise in temporary residents: • First year of the program: over 60,000 recipients, more than $318 million. • 2024: over 160,000 recipients, nearly $1.17 billion. • First nine months of 2025: about 188,000 recipients and over $1.2 billion. Separate CRA figures line up with the same pattern. Temporary residents alone received about $1.35 billion from 2020 to 2023, and a later House response put temporary-resident CCB at more than $1.1 billion in 2025 (about $3 billion over 2021–2025). The Parliamentary Budget Officer has also noted that non-permanent residents receiving the CCB nearly doubled between June 2023 and June 2025, while still being about 4 percent of recipients. What the headline compresses: • It is the Canada Child Benefit, a tax-free monthly payment to the parent, not federal daycare or the national child-care program. • “Non-citizens” here does not include permanent residents. Landed immigrants are a much larger share of CCB. In 2023, for example, CRA records put citizens at about $18.8 billion, permanent residents at about $6.3 billion, and temporary residents at about $369 million. • These payments are allowed under current law. A recipient, or their spouse, must be a citizen, permanent resident, protected person, or a temporary resident who has lived in Canada for the previous 18 months and still holds a valid permit in the 19th month. A refugee claimant who has not yet received a positive decision is not a protected person. The person must also be a resident of Canada for tax purposes and be primarily responsible for a child under 18. So the $7.1 billion figure is a government number for CCB paid to non-citizens who are not permanent residents over roughly nine years. It is not evidence of an off-the-books payout, and it is not the full amount paid to everyone who is not a citizen. This is so troubling, We could’ve fixed every part of our country 10 times fold !

— Great Canadian Moose (@Great_Cdn_Moose) October 8, 2026

 

We've gone past the point of showing this government's political and moral corruption:

Carney wants you to believe he’s had nothing to do with the Liberal Government prior to 18 months ago. The guy was advising Trudeau for years. The current state of Canada is because of individuals like him pulling the puppets strings behind the scenes for a decade.

— Ryan Gerritsen🇨🇦🇳🇱 (@ryangerritsen) October 7, 2026

**

I’ve just looked up the exchange rate between the Canadian and American dollar. We are malingering at 1.62 of the Benjamin. This is the indelible indication of what the “great banker” — the former director of the Bank of Canada and the Bank of England where he distinguished himself as an abject incompetent — has done to the nation pretty well mired in Chapter 11.

My interest in Mark Carney, about whom I’ve written more than a dozen articles for this site and others, has waned for the last year from a dismal bout of boredom. It seemed beneath my pay grade to continue focusing on an endlessly accumulating calamity. But when he was recently spotted at an Oiler-Canuck hockey game remaining seated, smiling, and chatting, during a standing tribute honoring a military veteran, the truth of this man’s appalling fitness for leadership hit squarely home again. The contrast with a respectful Donald Trump was glaring.

This is the man who had naïve and uninformed Canadians posturing as “elbows up” combatants bravely resisting America’s ostensibly economic aggression. The truth was he actually had them dropping their knickers like befuddled toddlers. There was no willingness among the citizenry to understand Trump’s legitimate point that Canadian negotiators had taken American farmers and dairy producers to the cleaners with canopy-high tariffs, an inflation which America should never have permitted.

After Carney kept stalling and finally walked away from the negotiating table, American economic retaliation has been significant, yet Canadians show little consternation at people losing jobs in car plants, liquor stores, steel companies, potash farms, and logging mills — that’s fine, apparently, since we can proceed to show our noble defiance. Meanwhile, there was no cynical, disbelieving response to Carney’s declaration that he was preparing for the U.S. to invade Ontario. Seriously? 

Canadians who could not get Trump’s joke about Canada becoming the 51st state — as if Trump would want another reactionary socialist entity in his MAGA America — are perfectly content with Carney turning the country into China’s 23rd province. Obviously, not only are our political structures incrementally approaching the Chinese, but a 5% trading exchange with a distant power is surely preferable to a 78% trading relation with a neighbor. Moreover, an associate membership with the failing, authoritative, and migrant-infested European Union is an excellent toothing-stone to a Communist imperialism. We are propped up by a cruel tyranny on one side and a tottering relic on the other. Who could ask for more?

Up the street a small coffee shop has just gone out of business. A take-out restaurant, where I have frequently ordered out, is now shuttered. My wife is one of the few remaining clients at the once-thriving hair salon in the dreary local mall. This downturn is now commonplace, yet according to the government and its paid henchman the CBC, we are all prospering and upbeat. 

 I have only scratched the surface of the blister. I find it very hard to trust a man with three passports, who sat on the Board of Trustees at the World Economic Forum, who served as chair of Brookfield Asset Management Company, which deals in sovereign debt, and who, as prime minister, continues to invest government money in Brookfield sectors, whose Censorship Bill C-9 clamps down on free speech and religious belief (mainly Christian), who authored a politically and economically troubling book (though it is practically unreadable) that spells disaster for the country, and is a solidly entrenched Globalist. 

In short, this is Liberal Canada, a country drastically led, but with all the false enthusiasm of an addictive gambler about to suicide.

**

💥SCANDAL: Indigenous Leader implicates Prime Minister Mark Carney and his "Epstein class friends" in a sinister criminal conspiracy to undermine Indigenous rights! https://t.co/gggmonJf8i

— Wiretap Media (@WiretapMediaCa) October 7, 2026

**

The government has declassified portions of a report on the resettlement of Nazi war criminals that reveal new details of how dozens of people, including those suspected of collaboration with the Third Reich, were helped to come to Canada after the Second World War through a secret CIA program.

The newly declassified information sheds more light on the role American intelligence agencies played in facilitating the settlement of Nazi collaborators in Canada, in some cases by providing false identity papers. Sections of the report kept secret for decades also reveal new specifics about the number of people thought to have entered the country with U.S. covert help.

The federal government Thursday declassified more of a 40-year-old report written by historian Alti Rodal for the 1985-86 Commission of Inquiry on War Criminals in Canada, headed by former Quebec judge Jules Deschênes. The commission investigated allegations that Canada had become a safe haven for Nazi war criminals.

Last month, a Federal Court judge ordered Ottawa to publish redacted parts of the Rodal report. Canadian Identity Minister Marc Miller decided not to appeal the court ruling, which followed a legal action by Jewish organization B’Nai Brith.

Most of Ms. Rodal’s report had already been made public, with further declassified details released in 2024.

(Sidebar: imagine the Liberals' fake shock that Abbas won't be holding elections and that Hamas will continue being the slaughter-happy b@$##@rds that they are.)

**

Prime Minister Mark Carney in 2025 ethics filings disclosed extensive shareholding in heating and ventilation companies that would benefit from a federal rebate program announced yesterday. “How is that not corrupt?” asked Conservative MP John Brassard (Barrie-South-Innisfil, Ont.), chair of the Commons ethics committee: “The Prime Minister is not even hiding it anymore.”

Also - does this mean no more money-laundering?:

The PMO says Carney made clear this agreement runs against the efforts of Canada and its allies to end the war in Europe by providing Russia with new revenue. A readout from the office says the two leaders talked about increasing coordination with allies to help Ukraine with its air defence needs.”

 

What efforts have you made, Carney?

Okay, to recap:

The Statute of Westminster is a British law that was passed on 11 December 1931. It was Canada’s all-but-final achievement of independence from Britain. It enacted recommendations from the Balfour Report of 1926, which had declared that Britain and its Dominions were constitutionally “equal in status.” The Statute of Westminster gave Canada and the other Commonwealth Dominions legislative equality with Britain. They now had full legal freedom except in areas of their choosing. The Statute also clarified the powers of Canada’s Parliament and those of the other Dominions.

 

Meaning that we didn't need to go to London to pass laws.

Now let's fast-forward:

Canadian support for more formal ties with the European Union appears to be growing, a new poll suggests.

Nearly eight in 10 respondents were supportive or somewhat supportive of Canada becoming an associate member of the EU so long as the agreement increased co-operation on trade and defence, but stopped short of full membership.

The poll, which surveyed 1,057 Canadians, was conducted for The Globe and Mail by Nanos Research in late September. It suggests a slight uptick from earlier figures released in April, which showed three in five Canadians supported the country gaining full membership in the EU.

 

Why are we regressing?

Why is some guy in a cubicle in Brussels going to decide for us?

Canada the cruel:

Bloody hell. @fancypants_s

— Patti Jo (@TheSupeHero) October 7, 2026

Forget what they say about limiting their legalised snuffing under the guise of the only thing Canadians might think of choosing.

They are biding their time until the sheep sleep again.

Also:

Meanwhile, proponents want to abolish Catholic hospitals to make it easier to kill people.

In fact, it’s well past time that Canada’s publicly funded health care system ends its uncomfortable affiliation with religious institutions that routinely deny patients essential care.

One hundred and twenty-nine of Canada’s 1,087 hospitals are Catholic. Most refuse to perform medical assistance in dying, abortion… there are exceptions, such as cancer-related surgery that affects the reproductive system, and workarounds like bringing in “visiting” nurses to administer meds, or building MAID clinics next door. Many long-term care homes with religious affiliations also refuse to allow MAID on their premises.

MAID has become the catalyst for long-overdue change. Religious hospitals need to either offer care without discrimination, or get out of the business altogether.

They have to provide the essential service of killing people.

We don't have to trade with China:

Ottawa has been continuously warned that Canada is inextricably linked to forced labor within China’s seafood industry, yet a profound silence persists from the federal government.

**

Yes @MarkJCarney let’s form a closer relationship with the CCP. Don’t let those pesky human rights abuses get in the way. Didn’t your government want to use tank(s) on the Freedom Convoy?

— Beware of the Flowers 🌻🌻🌻 (@cheryls4dogs) October 9, 2026

**

In July 2025, a senior federal official delivered a stark warning in a court affidavit. Every day that Chinese surveillance camera giant Hikvision continues to operate in Canada is another day China could spy further on Canadians.

“The continued operation of Hikvision Canada leads to an increase of the capabilities of the PRC (People’s Republic of China) to conduct surveillance of Canadians and others in Canada,” swore Robert McCarty, a senior investment officer in the Innovation, Science and Economic Development (ISED) branch responsible for reviewing foreign investments.

Surveillance, eh?:

Municipal police nationwide will gain new powers to jam cellphones under sweeping amendments to telecom law. Currently the use of devices to block signals between wireless phones and cell towers is forbidden under threat of $25,000 fines with limited exemptions for the RCMP, federal prison service and Department of National Defence: ‘For example, the order could support law enforcement agencies at major public events.’

 

Let's hope for the speediest recovery:

Pope Leo XIV had a cancerous growth removed from his right lung in a 90-minute operation on Tuesday and “woke up normally” after the procedure, the Vatican said.

A Vatican source said further tests were being carried out to determine if the cancer had spread.

“To ensure the procedure was radical, the lower lobe of the right lung was removed,” the Vatican said in a statement.

The operation “confirmed the diagnosis of a pulmonary adenocarcinoma, as suspected from the pre-operative tests”, it said.

The pope was in the operating room for a total of three hours and the operation lasted half that time.

“The surgery was successful and there were no complications,” the Vatican said.

A Vatican source said he requested dinner after the procedure.

Leo had entered the hospital smiling and waving earlier on Tuesday hours before the surgery.

The Vatican has said it expects the pope to stay in his room on the 10th floor of Rome’s Gemelli hospital to recover for several days.

His audiences have been cancelled until October 20 and the operation raises questions about whether the pope will go on a lengthy visit to Latin America next month.

The surgery marks the 71-year-old Leo’s first hospitalization since he became head of the Catholic Church on May 8, 2025.

It's Just An Economy

This is winning, right?:

  

Liberal MP Wayne Long says the grocery benefit is responsible for lifting over 77000 Canadians out of poverty. How out of touch with reality are these politicians?

— Ryan Gerritsen🇨🇦🇳🇱 (@ryangerritsen) October 7, 2026

**

Canada's economy stunned widespread expectations to post a massive job loss in September and the unemployment rate edged up, data showed on Friday, effectively wiping off all the gains in jobs ‌that was seen this year.

The economy lost a net of 68,300 jobs in September after a loss of 41,700 positions ‌in August, Statistics Canada said. It said the unemployment level inched up to 6.5%.

While September was the first full month of employment report after a new set ​of tariffs from the United States hit Canada, the job losses were not significantly higher in US-facing industries. On the contrary, the biggest drop came from public sector employees, data showed.

Analysts polled by Reuters had forecast jobs gains of 9,200 and predicted the employment rate at 6.5%, up from 6.4% in August.

With the September report, Canada has effectively lost a net of 41,200 jobs this year, as against a ‌solid gain of 211,300 seen for the ⁠same period a year ago.

The losses were almost equally divided between full-time and part-time workers and was led by educational services and healthcare and social assistance. Both the sectors form a substantial chunk of ⁠public sector employees and together lost 58,400 jobs.

A smaller number of international students coming into Canada was one of the reasons for decline in jobs in education services, StatsCan said.

The manufacturing sector, a part of which is exposed to US, saw a net decline of 12,700 jobs.

Economists have ​said ​that the new US tariffs impact only a small section of the ​jobs that are dependent on the US and is ‌not likely to have a major impact on the employment data in the coming months.

**

A new study comparing economic performance in all of the Canadian provinces and U.S. states has found that, of the 60 jurisdictions, seven of the 10 lowest-ranking are in Canada.

The research by the Fraser Institute looked at living standards, incomes, private sector employment and labour productivity to compare the economic growth of the two countries. It found that, in every category, Canadians have fallen further behind Americans.

In 2024 (the most recent year of comparable data), seven of the 10 lowest rates of gross domestic product (GDP) per person were Canadian provinces. New Brunswick ranked lowest, followed by Prince Edward Island (at number 59), Nova Scotia (58), Manitoba (56), Quebec (55), Newfoundland and Labrador (52) and Ontario (51).

B.C. ranked 49th, while Saskatchewan ranked 35th, and Alberta — the only province in the top half — ranked 25th.

For comparison, in 1999 six Canadian provinces ranked among the bottom 10 in terms of GDP per person, while Alberta, which has remained Canada's top-ranked province, was 7th-highest.

In the U.S., Mississippi ranked the lowest, at number 57, between Nova Scotia and Manitoba, followed by West Virginia (54) and Arkansas (53), both of which were sandwiched between Quebec and Newfoundland and Labrador.

At the top of the table for GDP per person is New York, followed by Washington, Massachusetts and California.

Jake Fuss, director of fiscal studies at the Fraser Institute and co-author of the new research study, said in a news release: "By comparing important economic outcomes in Canadian provinces and American states, it's easy to see how Canadians stack up to their counterparts south of the border, and in recent years, Canadians have been falling further behind."

Indeed:

The Greatest Story Never Told - Trump’s economy has produced all-time record household income and an all-time record-low poverty rate. Now the Atlanta Fed predicts 5 percent GDP growth. You’d think somebody would notice. According to the latest from the Census Bureau, the poverty rate just hit its lowest level in U.S. history. Read that again. That’s not all. America just also hit its highest real median household income in history. The Atlanta Fed estimates that the economy is growing at an incredible 5 percent annual rate. That’s after years of Democrats promising us that 1.6 percent was “the new normal.” It’s also after barely more than a year and a half of Trump back in office. It gets even better. Child poverty fell to just 13.4 percent, the lowest official rate ever recorded. Hispanic poverty fell to a record low 13.9 percent. Real weekly earnings for blue-collar manufacturing workers are up 4.1 percent since January 2025; construction workers’ earnings are up an even higher 5 percent. It’s kind of a miracle. And it’s gathering steam. Yet to hear the Enemedia — and some conservatives — talk, the exact opposite is true. To them it’s all “muh gas prices.” Which is funny since the average gas price under Joe Biden was higher than the average during Trump’s second term, even with the war. Something is seriously amiss. If incomes are rising faster than prices, it isn’t affordability. It certainly isn’t household wealth. The income figure measures the household in the middle. Elon Musk getting richer can’t drag it upward the way he could an average. And the $2,250 gain in 2025 alone is what remains after adjusting for higher prices. People who spent years watching inflation eat their raises are finally getting ahead. Dismissing that isn’t showing concern for working families: it’s just myopic. And electing the people who gave you all that inflation — and promised to “skyrocket” energy prices to force everyone into an EV — isn’t even sane. That GDP number is especially striking. Remember that much ballyhooed 1.5 percent second-quarter headline that had the pundits celebrating Trump’s “failure?” I told you then: they were looking at the wrong number. What they were seeing wasn’t a slowdown in growth but a capex boom: the private economy spending its output to buy the equipment that would create an industrial supercycle. It’s happening. The ever-brilliant Larry Kudlow calls the burgeoning boom “the greatest story never told.” Treasury Secretary Scott Bessent says we’ve entered the “acceleration phase,” as the tax changes and deregulation start to produce the results they were literally designed to produce. I’ve been explaining that process since early 2025. Yet conservatives continue to buy the left’s lies. It’s time to stop. Working Families Are Getting Ahead Starting with Bill Clinton, America’s ruling class told us manufacturing was gone forever. China would build; we would consume. Russia and the Middle East would supply the energy. Europe would regulate. America would borrow, import, and manage its “inevitable” decline and displacement by more dynamic powers. Trump rejected every part of that nonsense. The workers now getting those bigger paychecks have every reason to be glad he did. Their employers aren’t just buying equipment and building new factories: they're bidding up the price of the people who know how to use them. They’re training even more. Nor is the capex boom ending anytime soon. Trump went out and recruited an incredible $18 trillion of investment into the United States in his first months in office. Equipment shipments have risen at an 18.9 percent annual rate in just the latest three months. And just yesterday, the President announced the largest steel plant in American history, a $15 billion titan set to begin construction in Iowa. The President also negotiated trade deals that pried open foreign markets to U.S. manufacturers; he also exempted foreign companies from tariffs if they begin building plants here. And as a condition of those trade deals — now finalized with countries representing 67 percent of global GDP — he forced countless countries accustomed to buying their energy from Russia and the Persian Gulf to buy it from the Gulf of America instead. The construction workers are building the plants and refineries. The roughnecks are drilling the wells. There will be years of work completing them, and much, much more work running them thereafter. How did that happen? Trump changed the tax code, and thus the incentives for investment. His One Big Beautiful Bill made immediate business expensing permanent for equipment, and added full expensing for qualifying American production facilities. Combined with unprecedented deregulation plus the trade deals, suddenly there’s no better place to build a factory than right here. Meanwhile, no taxes on tips, no taxes on overtime, and no taxes on Social Security (and what sort of obscenity is taxing Social Security anyway?!) help the bottom rung even more than the top. “Those jobs are never coming back” was a lie, calculated to cover for (intentional) Democrat failures. There was a time when an American family could live on one breadwinner’s blue-collar wages. That day is coming back, fast. An economy “growing” at Obama’s stultifying 1.6 percent takes nearly half a century to double. Young people can’t find jobs because they’re already taken: they’re locked out of their futures for half their lifetimes, and locked into dependency on the socialists. That is, after all, the goal. But an economy growing at 5 percent doubles in size in just 14 years. That translates into so much hiring so fast that labor shortages have to be cured by ever-higher wages. It also translates into so much tax revenue, even at lower rates, that you don’t just reduce the deficit: you start paying off the debt, as we did for four straight years before 9/11. Folks, this ain’t rocket science. This is the difference between Jimmy Carter’s economy and Ronald Reagan’s. It’s not like we haven’t seen this play before. Bessent calls it “parallel prosperity.” Wall Street and Main Street can both do well at once. A profitable company is sustainable: it expands, hires people, trains them, and pays them more. An unprofitable company does none of those things. Yet the “Democratic Socialist” treats the profits that make prosperity possible as an offense, one that must be crushed in the name of “social justice.” That’s the choice on November’s ballot. More Production, Less Inflation Nowhere is that point more obvious than deregulation, anathema to the Democrats. Trump has eliminated 129 regulations for every new one: there’s nothing like it in history. Which party do you think issued most of those in the first place? Not ours. A company wants to build; it has customers waiting; it can raise the money. But then it spends years waiting for government to let it proceed. Supposedly the delay protects us. But from what is it protecting us exactly? More goods? Better jobs? The possibility that somebody might make a profit? In the midst of the Depression, the Empire State Building was completed in just 13 months. Good luck getting a permit in even twice that time in today’s New York. A process that makes it prohibitively expensive to produce in America sends that production somewhere else. It doesn’t abolish the need for the product. Americans still buy it, but workers in some other country collect the paychecks. Democrats piled on regulations — and taxes — year after year, amounting to a multi-trillion-dollar burden on the U.S. economy and those pathetic “growth” rates that steal young people’s futures. Trump is rolling them back. Leftwing economists have long fretted (as they have about global warming, and global cooling, and global overpopulation, and the Ozone hole, and “Peak Oil”, and “two weeks to flatten the curve”) that all this new production will cause inflation. But this Phillips Curve nonsense was discredited 50 years ago: the truth is exactly the opposite. Production isn’t the enemy of price stability: it’s the means by which supply catches demand. The answer to a shortage of something Americans need is to make more of it. And if supply is plentiful, prices fall. Likewise, the “expert” class assured us that we needed to lower our expectations, that a “mature economy” can only grow at a lower rate: all the dynamic gains must come from developing economies like China’s. Yet what the heck is a mature economy? If you’d asked anyone in 1900, they’d have said they had one, just before nearly everything we have was invented. We are entering another such period, with AI and countless other new technologies promising productivity gains beyond anything we’ve ever seen. A worker with better tools can produce much more in the same hour, earning a higher wage without increasing the labor cost of each item he produces. And like Reagan before him, President Trump has laid a foundation that sets America up to dominate the next half century. Go Tell Our Story: The Election Is On You So why aren’t Republicans making this case every day? And no, I don’t mean “the Republicans” in Washington. Trump’s doing more than any President before him. Congress, however flawed, has enacted much of his legislation. The leaders aren’t the problem. We are. Historically, the President’s party — whichever President’s party — loses the midterms. But they don’t have to. Midterms are low-turnout elections, which means “every little thing we do is magic.” No need to appeal to the middle, no need to persuade the socialists. Just talk to your own friends and physically take them to the polls. To keep the majority, all we need is 1,000 extra votes in 20 House races — just four extra votes per precinct. Want to make a difference? You can. But that also means that if you don’t, you’re responsible. Republicans need to stop acting like entitled children, and start taking responsibility for their neighbors and their futures. It’s time to tell our story, over and over again. Record real household income and record-low poverty are a pretty great story to tell. So is the lowest murder rate in 126 years, a 99.9 percent reduction in illegal border crossings, or a thousand other things. Five percent GDP growth is exactly the boom Trump promised. And the equipment arriving at new American factories gives us every reason to expect more. This is nothing else but the greatest story never told. So go and tell it.

— Rod D. Martin (@RodDMartin) September 29, 2026

But don't let facts get in the way of some serious cope and spite:

I’ve been following Canadian media and the “Elbows Up” circus on X. Having done business in Canada, including an acquisition in my industry, I’ve experienced firsthand its protectionist, near-monopolistic business culture. What fascinates me is the breathtaking arrogance, hostility and borderline vulgarity of those convinced America will collapse without Canadian oil, potash, lumber, electricity and, apparently, maple syrup. And please, spare us the endless whining about “But we had a deal!” Yes, you had a deal. That doesn’t mean every aspect of it was fair. You enjoyed privileged access to the world’s largest consumer market while fiercely protecting your own industries. American workers deserve better. Washington should fundamentally reassess this relationship. If Canada prefers confrontation over cooperation, America should reduce its dependence, prioritize American workers and defend its economic, strategic and national security interests across North America. I’m sure there are plenty of intelligent, decent Canadians. Unfortunately, the loudest anti-American “Elbows Up” warriors flooding my posts appear to have declared war on arithmetic, economics and common sense. Enough of the entitlement. Enough of the lectures. Enough of pretending Canada’s leverage is greater than America’s. Want to pivot to Europe? Go ahead. Asia? Bon voyage. Build pipelines, sign trade deals, diversify all you want. Nobody is stopping you. Just remember that changing your political slogans is considerably easier than replacing your largest customer. And here’s a little homework for the maple syrup economists: Put down the syrup. Pick up a calculator. Show us the numbers. Who needs whom more? Bring facts, not elbows, vulgarity and economic fairy tales. And if America is supposedly such a terrible partner, here’s a revolutionary idea: Stop obsessing over us and go find yourself another customer. Swipe left. Europe is that way. Good luck convincing Brussels to replace Washington. 🇺🇸🍁

— Adriano 〡 NYC 〡 London 〡 Milano (@ashatku) October 7, 2026