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Until this moment I have been forced to listen while media and politicians alike have told me "what Canadians think". In all that time they never once asked.
This is just the voice of an ordinary Canadian yelling back at the radio -
"You don't speak for me."
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This is unconvincing. Warkentin dismisses Freeland’s claims she was concerned with the deficit, given that the government has run nothing but deficits ever since it came to power. But there’s a difference between a larger deficit and a smaller deficit, and blowing through deficit promises like they were wet tissue paper does mean something.
If he wants us to buy his thesis, he’s going to need better evidence than this.
killer unDORK
his better evidence is your post, and you are too STUPID to realize that.
A deficit is a deficit, and the effect of a deficit is cumulative.
No, a deficit is not just a deficit. Size matters. A lot.
And mind your manners,
Yes, size matters and each deficit large or small adds to the size of the overall debt.
A small deficit is like saying inflation dropped to 1 percent this month, but that just means the cumulative inflation of X percent over the past 12 months has gone up again.
I figure the main measure of solvency should be debt / GDP. It’s perfectly possible for a small deficit to reduce this measure, as the increase in the numerator can be more than compensated for by the increase in the denominator.
Here we see the debt / GDP falling between 2015 and 2019, even though the deficit was always positive:
https://tradingeconomics.com/canada/government-debt-to-gdp
I would like to see a much more aggressive reduction of debt during of good years, but it does demonstrate that small deficits can be almost as good as a balanced budget.
What happened in 2015 through 2019 is irrevelant to the cumulative economic damage that has occured since then and which is still proceeding apace.
And just when do you expect those good years to begin.
It was meant to demonstrate that a small deficit does not necessarily mean a worsening in the fiscal situation. It can actually mean an improvement.
So yes, the size of the deficit is really, really important.
The people struggling to make ends meet and companies large and small that may go under because of idiotic government policies don’t give a damn about deficits so why are going on about it as if it’s such an important matter to address.
You seem to be throwing points out at random without much relation to the actual discussion.
There’s nothing random about mentioning some of the broader impacts of government policies of which deficits are just one element.
But no you just want to talk about numerators over denominators because that’s all you seem capable of, aside from tongue bathing Freeland.
Holy crap, there’s a lot of rude people who don’t like anyone disagreeing with them on this site.
But for your information, when it comes to issues like debt and deficit, the math matters.
KILLER LIBTARD ^^ Never gives up his Marxist views.
The FILTHY LIBERALS wrecked our country and you can’t bring yourself to admit it.
KILLER PUSSY should be your handle….grrr
Suggesting the Freeland was telling the truth in her resignation letter makes me a Marxist?
The things I learn on the internet.
Are you saying Freeland was concerned about deficits?
She had nine years to make her voice heard. Four of those as Minister of Finance.
I take her at her word, yes. There’s no better opportunity to be honest than in one’s resignation letter.
So far as debt reduction is concerned, I’m not happy with the Trudeau government, but — with the exception of the COVID years — they weren’t wildly out of control, and did better than most G10 countries. It seems plausible that Freeland wanted to get the debt/GDP back to preCOVID levels, but his majesty was not interested.
https://tradingeconomics.com/canada/government-debt-to-gdp
“I take her at her word, yes. ”
Why? What has she ever done to make you believe her to be an honest person? Do you also believe whatever Justin Trudeau says? Do you take him at his word, too?
” There’s no better opportunity to be honest than in one’s resignation letter.”
And admit that she was wrong, or a liar, or just plain incompetent? Unlikely.
Because I have no reason to doubt her in this situation. She has resigned from cabinet. She might well not even run next election, given that she has her pension and would probably — like most Liberals — lose. Trudeau has no control over her actions now.
And also because it’s plausible. Yes, she has run deficits in the past but, with the exception of two COVID years, none as big as this.
Lot of black-and-white thinking in this forum. One must always think the worst of liberals and the best of conservatives. But reality is more complicated and interesting than that.
“I take her at her word.”
Freeland didn’t resign as Finance Minister and Deputy PM, she was fired by Trudeau.
She resigned from a meaningless new cabinet position, one with no department, no staff, and no responsibilities.
That’s what I said above. Freeland resigned from cabinet.
Freeland was fired from finance and deputy PM and offered a meaningless ‘cabinet post’, one that Justin and the PMO knew would cause Freeland to throw in the towel.
I think Trudeau was hoping Freeland would stay in cabinet in some minor post. He has a history of jettisoning women ministers, and he may have been trying to pass this off as a mere cabinet shuffle.
“… no better opportunity to be honest …”
Her letter of resignation was also her last, best opportunity to make dishonest excuses for herself and distance herself from the PM/party leader who looks like he’s going to drag a lot of Liberal MPs out of office with him.
Wonder why she released it publicly?
She might have no intention of running in the next election. Currently her district is rated as a toss-up, and that poll was taken when she was finance minister.
https://338canada.com/35112e.htm
If so, there’s little purpose to distancing herself from Trudeau.
She came into the role in 2020 because she would do Trudeau’s bidding to facilitate unprecedented government handouts. $330 billion deficit for 2020-2021 and $90 billion deficit for 2021-2022. Total fiscal insanity. Canadians re-elected the socialist parties in 2021 with 53% of the vote (Libs/NDP/Greens).
Those huge deficits were during the COVID years when the economy was going straight down the toilet. You might agree or disagree with them, but there was a case to be made.
What a weird way to say “when the government’s own actions knee-capped the economy”.
But then, you get into weird positions when you’re shilling for dangerously incompetent numbskulls like Freeland.
I’m not here to debate whether the government should have imposed all the COVID restrictions. I’m focusing on Freeland’s actions. Go pick a fight somewhere else.
You’re not focusing on her latest giant deficit, because it blows your idiotic, baseless assertion that she’s some kind of fiscal hawk utterly and completely out of the water.
All we have for proof of her worries about the deficit is a throwaway line in ass-covering “resignation” letter after she got fired. Apparently, if you’re the right kind of gullible idiot, that’s all the proof takes.
Meanwhile, in the real world, she happily spent and spent and spent.
And spent some more. All your desperate cringey reality-averse hand-waving doesn’t change any of that.
Waterhouse:
1. Mind your manners. This isn’t a toilet for you to take a dump in.
2. The reason for the large deficit would seem to be straightforward; because Trudeau ordered it so. He’s the Prime Minister, he can do that. And Freeland had some conflict with Trudeau, otherwise she wouldn’t have been fired as finance minister. Disagreement over spending explains it nicely.
Come now, surely “Waterhouse”, in English usage, is exactly a toilet to take a dump in. Waterhouse by name, watercloset by nature. Can’t fault a man for his nature.
I’ll post as I see fit, you tedious finger-wagging hall monitor. That includes calling out gullible idiots when they not only insist on being, but take great pride in being gullible idiots.
But yes, the reason for the large budget deficit is clear. Freeland as finance minister made it happen. Her actions. That’s what count. Her relentless running up of debt. Not her meaningless words in some petulant letter written after getting canned.
And by the way, Freeland’s “reduction” of the debt-to-GDP ratio, which you won’t shut up about in your desperate flailing attempt to find some reason to pretend the incompetent retard has fiscal bona fides, is entirely due to GDP getting back to normal when the government decided to take its foot off the economy’s throat, not the Wicked Witch of the WEF’s gimlet-eyed mastery of finances.
Waterhouse:
Oh, a tough guy who “posts as I see fit”.
But this not your blog, and the owner has asked people to keep it civil. You can ignore her, I suppose, but it’s disrespectful to her.
https://www.smalldeadanimals.com/2024/02/13/blog-notes-51/
She said SPENDY MCBLACKFACE HAIRDO didn’t have confidence in HER.
NAZI FREELAND did not say SHE doesn’t have confidence in BLACKIE.
Pay attention Killer Gerbil
Hall Monitor par excellence –
No, it’s not my blog. It may have escaped your notice, but it’s not yours either.
Go ahead and report my awful transgressions to Kate. I’m perfectly OK if she deletes them, and leaves your endless repetitive oleaginous dimwitted fact-free mewlings in place.
But I won’t pretend that you, a gigantic Zero, have any say over how I should or should not characterize your idiotic obviously-trollish “opinions”.
In conclusion, your great deficit hawk Chrystia Freeland created a 62 billion dollar deficit, then pretended she wasn’t really happy about it when she got fired for being an unconvincing dunce about selling her “achievement”.
It’s a wonderful take. Perhaps a great career in fantasy fiction is the cards for you.
Waterhouse:
Whether you piss all over the blog owner’s requests is entirely up to you. You are obviously feeling your oats and figure you can make your own rules.
But this is a poor forum to take out your anger, and no one’s going to be impressed by it.
Keep pretending the 62 billion dollar deficit isn’t Chrystia’s work, under the protection of your hall monitor sash.
It’s a great look.
If she was worried about big deficits, she would have resigned as Finance Minister before Trudeau fired her.
That’s way to simplistic.
Freeland became financial minister at the worst possible time, when the COVID pandemic hit. No one could have balanced the budget in those years. Fiscal years 2022 and 2023 were far better, and the debt / GDP ratio actually fell significantly. Freeland may have had dreams of making an even bigger dent in fiscal 2024, but his majesty had other ideas, as he had an election to buy.
The deficit dramatically increased to $61.9 billion.
This was on Freeland’s watch, when she, and Trudeau, told us the economy was doing really well.
However, Canadians didn’t agree with Freeland’s rhetoric.
With Liberals tanking in polls and by-elections, the Freeland Trudeau solution was to spend, spend, spend, and make all kinds of announcements re future spending (e.g. massive ‘investments’ on battery plants, etc) that will ensure future deficits.
There’s a bunch of Liberals waiting for the budget to balance itself, led by a PM who “doesn’t worry about economic policy.” Neither it appears did Freeland.
Yes, the deficit dramatically increased. And it did more than that. It broke a Liberal promise that it would be under $41 billion.
That’s what the conflict between Trudeau and Freeland was allegedly about. Trudeau (apparently) insisted on greater spending, and as his minister, Freeland was not in position to refuse. But she (apparently) strongly objected.
When she was asked way back about excessive over spending Freeland and the Turd replied “Interest rates were low”. Implying that the government could spend like drunken sailors without throwing caution into the wind to what might happen in the future. Both are responsible.
Hahahahahahahahahahahahhahahahahahaaha. Pffftttt.
Oh, and unDORK, you are a economic/mathematical RETARD, so thanks for working so hard to prove that over time posting in here under various names.
Pro Tip: If you call someone a RETARD, be sure to use correct grammar.
Now, I can see problems with GYM’s post, but not grammar problems. Punctuation, coherence, perhaps indeed basic sanity, all evident problems; but grammar?
We are at the point where we don’t know which lies to believe, which spin is close to the truth be it from the media or politicians themselves. Freeland is trying to salvage her political career and backstabbing a backstabber after being his accomplice for years does nothing for me, these two WEF creatures need to go after what they have done to this country. They are both guilty of violating citizen’s rights. Freeland’s vision of the appropriate standard of living for Canadians does not include pitifully small little luxuries like a Disney plus subscription. If you can afford that, you are still not being squeezed hard enough.
Dominic LeBlanc is now the Minister of Finance. I bet his family and friends are very happy, and looking forward to many government contracts.
Talk to Jughead. He’s the one holding everything up.
Meat head is acting rationally. NDP, like any party, wants its agenda passed. He is getting his agenda passed by letting Trudeau remain PM. An election now would put CPC in control and NDP would lose control of government. When NDP thinks it can get official opposition status with prospect of forming government in subsequent election (like 2029 or 2030), NDP might pull support from Trudeau. Until then NDP is going to keep Trudeau in power. It is rational.
Lib MPs on other hand are not getting their party’s agenda and are harming their party’s future. Lib MPs should dump Trudeau. Do it several ways: a) don’t show up or vote present on confidence votes, b) vote against government on confidence votes, c) form a separate caucus like was done to Stockwell Day.
It is more rational for Lib MPs to vote against Trudeau than it is for NDP MPs to vote against Trudeau.
The NDP have no money to fight an election.
You can read about NDP finances here:
https://archive.ph/QtXWj
I’m sure “somebody” will be willing to donate in exchange for… nothing. Absolutely nothing. Nudge nudge wink wink.
To use the same rhetoric as the Left . . . Russia & China must be SUPER PLEASED with how Chrystia Freeland & Justin Trudeau have financially destroyed Canada!
My two bits. Trump told Trudeau to turf Freeland if he wants to continue with tariff negotiations. She wasn’t at Mar-a-Lago, surprising since she was the Finance minister. This is followed up with a Trump tweet calling her toxic. So of course feckless Trudeau fires her thinking he’ll have an edge on the tariff talks and come out a hero.
Whether Freeland got wind of this I don’t know but from her letter I suspect she did.
Trump should tell him to fire Guilbeault next and then that other asshole Marc Miller, followed by the defence minister. He could just about work his way through the entire cabinet by inauguration day.
This sorry excuse for a government has been an inept embarrassment since day one. A true reflection of the Canadian people.
No, no, NO! She’s not like that at all! Just ask her Queen’s Park buddy
Doug Ford:
“You want to talk about true leadership? Talk about the deputy prime minister … I can assure you, all the premiers love Chrystia Freeland. I just love her a little more than the rest of the premiers.”
February 10, 2023 Press Conference
“I have a great relationship with Chrystia Freeland. She’s wonderful.”
March 28, 2022 Press Conference
“I want to congratulate my friend — my good friend — Chrystia Freeland. She’s just an amazing person … she’s working around the clock now and she’s going to do finance. But there’s no one that would be better in that role than Chrystia Freeland.”
August 18, 2020, to CityNews
“I absolutely love Chrystia Freeland. She’s amazing … I’ll have her back.”
August 18, 2020, to CityNews
Chrystia Freeland on Doug Ford:
“I would certainly call him a friend.”
February 2, 2024 Press Conference
“I spoke to [Doug Ford] this morning, and I would even say how grateful I am for his friendship. We work very closely.”
August 7, 2020 Press Conference
“He’s my therapist.”
April 3, 2020, to Toronto Star
(Courtesy of New Blue)
Jamie MacMaster ..
My fear in the next federal election is that it will be a landslide for Poilievre leaving the BQ as official opposition interested only in QC, and the Conservatives will sit on their butts as Ford has done in Ontario with no effective opposition.
https://www.westernstandard.news/news/federal-modelling-suggests-liberals-could-drop-to-just-10-seats/60597
It would be very worthwhile to elect some PPC’s to Parliament , but I fear Canadian voters are not that intelligent , and a repeat of Ford’s nothingness will prevail in future Ottawa. Witness the fact that Poilievre is not discussing any policies. He is abiding by Napoleon’s maxim: Never interfere with the enemy when he is in the process of destroying himself.
Freeland is a Wefer and Jacobin and deserves no sympathy for playing the victim in her firing. Her sociopathic boss appointed her originally based on his chromosome quota lottery. Her only “skill” if one would call it that is spin doctoring to the mindless. The LPC under the Spawn is a green theocracy and NDP policy implementation “government” relying heavily on growing the state to hide its damage to the productive sector. The doubling of the national debt is their lasting joke on the idiots that voted for them. They are a textbook example of Alexander Tytler’s thesis on how democracies die. The only consolation in this historical backslide is the media largely responsible will never recover.
Alexander Tytler’s thesis the first at outed Snopes as not a fact checking source. Snopes used a totally BS essay as to why Tytler was false information. The evidence was simply “Look! This is false because people still vote Republican!”
Perhaps the Canadian debt isn’t nearly as large as is being reported. Perhaps all those … work from home … Canadian bureaucrats simply didn’t have access to the mainframes necessary to tabulate all the numbers? Perhaps this is just a case of robe & slippers economics?
Yeah … that’s the ticket!
The Bong fired Freeland from Finance on Friday. She was scheduled to deliver the Fall Economic Statement on Monday – which she gladly would have.
The Bong stupidly set himself up for a hard kick in ass by firing her, but asked her to deliver the FES knowing the blowback would be on Freeland. She had the brains to tell him to pound sand.
Freeland is now being touted as some kinda feminist icon. She stood up to the ‘feminist misogynist’. Nothing could be further from the truth.
Bill Morneau was fired by the Bong from Finance because he expressed doubt about spending. Freeland enthusiasticly stepped in and not once did she oppose the reckless spending of the Bongs government…until Monday.
Sorry Chrystia you lose. You were prepared to carry water for the Bong right to the end – until he kicked you in the ass.
AB
Well put.
What I found amazing was of the 31 cabinet members in 2015, 20 are gone. Only 11 remain.
Everything El Turd touches turns to….
I have a new theory
We are being played
Bits of the discussion over zoom have been given, but not the entire discussion.
Why did Freeland not express how she felt during the call?
Anyone being told they are being demoted are without exception, are understood to be demoted the minute they are told.
To believe that somehow she agreed to play finance minister until after Tuesday but then changed her mind by Monday morning is delusional.
The goal can be anything to get the media to ignore the fall economic update, to stage manage Freeland’s ascendancy to the PMO (because Carney said no thanks) or Telford found out Freeland was organizing a coup.
It stinks.
“The goal can be anything to get the media to ignore the fall economic update.” There may be some element of truth here.
I don’t know or care to know all the Liberal Party Kremlinology but the Main Story The Everyone Is Focussing On in all this is NOT Canada’s horrible economic position (which should be a news item) – or anything else that is REAL and SUBSTANTIAL (out of control immigration, softness on crime, scandal-upon-scandal, horrible relations with our main ally and trading partner, just to name a few) but squabbles/succession issues within our Natural Governing Party.
And yes, practically everyone fell/is falling for the distraction. Suckers.
Interesting that x-minister is trying to distance herself from the regime. Anyway, the longer Justin stays around, the stronger the reactionary backlash. Let us hope that the Blue team actually comes through on its promises to defund the CBC and so on, otherwise there will a lurch to the even farther right.
Trudeau fired her because that trick has worked in the past to distract the public from his mess. Not this time because even an imbecilic journalist like Freeland could see it coming, and Canadians have been fooled enough times even they have figured out Justin and the football, (with apologies to peanuts). The only good thing that hideous troll has done for Canada was helping sink the SS Turdhole. Now may they all rot in hell.
What we see above from the Dead Rat, is confirmation that it is a shill for the Liberal party, or, a last remnant of the PROGRESSIVE conservative Party. In words, manner and attitude, it sounds SO much like Garth Turner.
Eastern biased.
Statist.
Laurentian Elitist.
Defender of AUTHORITY.
Quick to take “authority at their word” as the God’s honest truth. Garth also thinks ChrystiaMeth is honest and means well for all Canadians. Of course, she delighted in freezing Canadians bank accounts without trial or facts presented.
Garth’s world, guilty until proven innocent! Just like Dead Rat.
Anyone who reads that blog will read and understand the striking similarities of both. And, Garth was late posting today on his blog, while the Dead Rat spent lots of time today here.
By the way, Garth is in favour of taxing us out of our homes via Capital Gains on personal residences, which is also in the leftist/commie playbook.
Garth is also a tremendous backer of the Quackzines, just like the Dead Rat, same again, in word, manner and attitude.
The only thing I said is that I thought Freeland’s resignation letter was likely an honest one. That, if it escaped you, is an attack on Trudeau, and thus on the Liberal Party. If I’m a schill for them, I’m a piss-poor one.
But I don’t really expect you to pick up on such nuances.
KM, ur full of crap: oh poor Freeland, her resignation is soo honest, she’s so sinceeree. All they wanted and still want is to do good, that’s Dear Leader’s 1st thing every day, right? And we mere mortals don’t understand.
DanC, do you even listen to yourself? Learn to disagree with someone without sounding like an 8 year old whose mother won’t buy him ice cream.
KM
I agree Freeland’s letter was an attack on Trudeau.
However, in typical Liberal fashion, it was an attempt to rewrite her roll in the entire sordid mess that is the Trudeau Liberal government.
If you were a shill, you’d be able to spell it. And if you’re piss-poor, the compensation is that you’re shit-rich. Which I admit sounds bad, but that stuff sure can be amazingly productive if you spread it right.
I’m not sure if I agree with you, but that’s largely because I’m not sure if I give a shit. I don’t think you’re wrong, and I think you’re approaching it right. Forgive me if I sound surprised.
Don’t be dissing my Scottish heritage.
https://www.merriam-webster.com/dictionary/schill
KILLER LIBTARD. ∆∆∆
Anyone who defends these FILTHY LIBERALS Deserves several Fatal Beatings.
These CCP FILTHY LIBERAL THIEVES all need to be investigated. ALL of them
How did I “defend the Liberals”? Specifically.
Blame it on the covid fraud, why not.