Monday, December 21, 2020

It's Just An Economy

It balances itself or is made out of an endless supply of cash or something:

According to the Parliamentary Budget Officer (PBO), this year’s deficit will exceed $250 billion, representing almost 12 per cent of Canada’s economy. In other words, the federal government plans to borrow the equivalent of 12 per cent of the total value of all goods and services produced in Canada this year — and to do so with the national debt approaching $1 trillion.

 

This national debt

Prime Minister Justin Trudeau says his government will “absolutely” return the budget to balance following the COVID-19 pandemic, saying temporary spending measures will eventually be wound down.

 


 

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The Canada Revenue Agency yesterday estimated $28.7 billion a year in federal tax is never collected. Actual tax avoidance is likely worth billions more, according to Budget Office research: “The CRA refuses to be transparent.”

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Guess what you voted for, Canada:

New $94 billion federal fuel regulations combined with the carbon tax will add fifty cents to a litre of gasoline by 2030, says an advocacy group. The Department of Environment in a legal notice acknowledged middle income households and those facing “energy poverty” will be hardest hit: “This is extremely cruel.”

 

Let's try some math: 

as of this writing, gas in Alberta ranges from eighty-one cents to eighty-six cents per litre. Let's place the median price at eighty-five cents a litre. Tack on fifty more cents. That is $1.35 per litre. If one's car required fifty-three litres (as quite a few cars do) - a full tank - that is $71.55 per fill-up (excluding tax). Imagine a province or territory where the average gas price is over a dollar.

Does the carbon tax still sound like a good idea?

Oh, sure, one could bandy about the idea of getting rid of gas-fuelled cars but one could also consider taking unicorns to work, too.

Even using African child labour for pious-mobiles will lose its coal-fired lustre at some point.

The powers that be - globalists though they are - know that won't ever happen and their wild claims won't even enter the picture.

Cha-ching, cha-ching, is my point.



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