Playing Favorites

Peter Menzies- Budget 2025 fails to bail out the legacy media

Carney, as he, his entourage and acolytes are quick to remind Canadians, has a doctorate in economics and has run the Bank of Canada and the Bank of England. In other words, he knows how the world works. And that means he’s more than aware that heavily subsidizing one commercial competitor within an industry will do harm to others, particularly when the industry is one that has been running desperately short of cash.

Blacklock’s- Revenues Crash Despite Aid

Newspaper revenues are down a quarter since 2020 despite millions in taxpayers’ bailouts, new Statistics Canada data show. The latest figures follow comments by the subsidized press’ chief lobbyist, Paul Deegan, that Canadian publishers were unable to change their business model.

7 Replies to “Playing Favorites”

  1. F.A. Hayek: “If a socialist understood economics, they wouldn’t be a socialist.” No, just a Liberal “progressive.”
    More evidence education without application is meaningless, but actually harmful when it’s given undue credibility.

    LOL at those who say Poilievre never had a “real job;” just experience at the actual job he’s doing, which is 20 years more parliamentary and government experience than do nothing Marx Carnage has or likely ever will have, or do.

    Bold action to these statists is words, which apparently are weapons but that also build things that don’t exist.
    While this confuses many, intentions become clear when it’s viewed through the prism of statists’ power and wealth.

  2. As Thomas Sowell has said, “ask 200 economists a question and you will get more than 200 opinions. They weren’t trained to solve problems, buy to come up with opinions.”

    1. Economics…the Dismal Science, as Thomas Carlyle said. Doom. gloom, and graft.
      Just ask the little grey men in boardrooms how it works. OINK! Our exclusive club, pleb loser!
      Otherwise, shut up and pay your taxes, you mouth breathing nobody!
      And, no, you cannot join the club.
      Have a nice day outside the feudal walls….HA HA HA HA!!!!

  3. “Carney, … has a doctorate in economics an has run the Bank of Canada and the Bank of England. In other words he knows how the world works.”

    Er, no. Carney doesn’t know how the world works, he only knows how to fleece taxpayers while he lives a life of luxury.

    1. Carney is a bureaucrat
      He knows how a bureaucracy operates and what motivates bureaucrats.
      Headcount and budgets.
      And by budgets I mean bureaucracy works hard to retain and grow them.
      Not sure if he ever figured the unstated truth about bureaucracy.
      That none of them generate wealth.

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