Just put it on my tab.
National Post- Nearly half of federal budget deficit during pandemic not related to COVID spending
Authored by Lakehead University economics professor Livio Di Matteo for the Fraser Institute, the paper — entitled Storm Without End: The Fiscal Impact of COVID-19 on Canada and the Provinces — says federal spending grew by 73 per cent in 2020/21 to $644.2 billion.
It’s not spending its stealing.
How is it stealing?
“historian Russell Napier warns of a 15- to 20-year phase of structurally elevated inflation and financial repression”.
https://themarket.ch/interview/russell-napier-the-world-will-experience-a-capex-boom-ld.7606
The Bank of England stepped in last week to sideline the clown show by Truss.
Good analysis.
As a saver, I’m pooched.
As I think Gerald Butts may have said: “from each according to their ability, to each according to their party affiliation”. ;(
Good one!
As Justin would say “Everyone gets to pay for Me.”
Canadians want to be stolen from.
Well at least they didn’t spend 16 dollars on an orange juice. I am certain they will be apologizing and paying back those 100 thousand dollar in flight entertainment bills. 110 dollar Apple juice isn’t orange juice.
Canada isn’t going to cloward and piven all by itself….
Gonna take 20 or 30 years for Alberta to pay that off.
Johnboy…
no doubt.
But reading that article … I get the sense blame is being tossed on the provinces (and in Alberta’s case rightfully so) – vis a vis health care spending. We can thank that Communist POS Notley for much of that, with nods to other useless CINO’s Red Rachel & Stelmach.
One only need ask a Nurse as to what is wrong with AHS and I’m pretty sure they will tell ya for the asking. A grossly BLOATED Bureaucracy with more middle management types than actual health providers…all of whom taking a min of 300k + benefits annually etc.
I’m pretty sure We in Alberta are not alone in this either…
Long Long overdue for a two tier system. And one where competition for service is what drives cost…not pouring Billions into Public Service Quagmire.
But that only addresses the Provincial end…as for the FEDS..?? How many new public servants have been added since 2015.? 50.? 100 thousand.? and for what.? doing what.?
Danielle: You know as well as I do, WE MUST LEAVE this ongoing Disaster called Canaduh. Those EASTERN PARASITES will never negotiate anything.
How much money ended up in the Trudeau Foundation???
Bob Cartoon of Blackface banned on instagram for going against World .Gov Tyrannical Community Standards…
Scroll down for a bit to find it…
https://www.instagram.com/reel/CjxqmXZgyVQ/?igshid=YmMyMTA2M2Y%3D
My CPA nephew had Livio as instructor, not sure he will agree, though should.
Industrial scale vote buying doesn’t come cheap.
And how much of that “covid” spending went to liberal aligned firms who previously had zero experience with medical related items, at a much inflated price?