Category: entitlement generation

Bad Advice

Canada’s Bolsheviks entitlement generation Gradually Then Suddenly 6 Comments

Who knew that Canada’s problems are the result of not paying people enough not to work?

At the heart of the issue, he said, is Canada’s eroded social safety net, particularly employment insurance (EI), which, along with other social programs, isn’t keeping up with today’s economy.

EI benefits have mostly stayed the same in value and replace roughly 55 per cent of a person’s wages. The benefits are higher than in the United States, but they lag far behind European countries such as Denmark, where they replace 90 per cent of a person’s wages, the Netherlands (70 per cent) and Sweden (80 per cent).

The Numbers Game

Canada’s Bolsheviks entitlement generation Gradually Then Suddenly It's Probably Nothing 13 Comments

It’s pretty hard to believe that a deficit could be literally twice what you estimated in the space of a few months, but Wab’s got one thing one his side: average John Q. Manitoba voter probably couldn’t care less. They just want the free stuff to keep coming.

The Manitoba government’s deficit for the current fiscal year is expected to reach $1.6 billion, more than double the $794 million estimated in the spring budget, the province’s second-quarter report released Monday showed.

National Disunity

Canada’s Bolsheviks Chief Big Screen TV entitlement generation We Are All Treaty People 36 Comments

While some aboriginal communities welcome the prospect of roads and mines in the so-called Ring of Fire zone in Ontario, some clearly don’t. They prefer to live in a “pristine” wilderness that for some reason is not pristine enough to provide clean drinking water for thirty years.

The province has released a Ring of Fire ad that uses Ford’s slogan from the 2025 election: “Protect Ontario” and makes a sales pitch on development. “What about protect Neskantaga?” Marcus Moonias says. “I’m so mad about it.”

“I almost threw my television at the wall,” he says about the commercial.

Bigger dreams are starting to enter Mamakwa’s mind. He thinks one day a First Nation political party could hold the balance of power in Ottawa, like a Bloc Québécois of the north.

Money For Nothing

Children R Our Future entitlement generation 3 Comments

If college athletic broadcast deals are undeniably a win/win proposition, why doesn’t tuition fall accordingly? Likely because revenue from them isn’t used to offset tuition, but rather gets funneled into a college spending spree. These outfits are so much like government you barely notice the difference.

The Fed’s spigot of easy money and credit have fueled the conditions for financialization that contributed to the astronomical revenue increases witnessed in sports programming. The low interest environment paralleling the rapid increase in coaching salaries allowed companies such as Disney to significantly increase its debt to capture a coveted monopoly on SEC programming. Further, the demand for a piece of the college athletic pie, coupled with athletic department necessity to finance their competitive arms race, have led to investment firms seeking direct deals with American universities.

 

Union Mentality

Canada’s Bolsheviks entitlement generation nannystate 20 Comments

The last time I checked, the NFU was down to a handful of members and were being led by “farmers” so far outside the mainstream that they hardly qualified as such. I don’t know what’s worse: that these clowns are demanding a form of UBI for farmers, or that a mainstream media outlet reports on it so uncritically.

Farmers want Ottawa to set up a 10-year pilot project that would ensure they receive an annual income of at least $50,000, a rate that would rise by inflation every year.

David Thompson, executive director of the union, says a guaranteed income would help stabilize farmers’ incomes, which are often unstable.

Now they’re channeling Zoran Mamdani and this nonsense gets breathlessly regurgitated by the same bunch of toadies.

One resolution calls for the union to lobby the federal government to introduce legislation that would put a cap on the profits of major grocery chains that control the lion’s share of the market.

Another resolution calls on union to create a national coalition pressing the federal government to purchase food directly from farmers to be sold at cost in a “network of national/provincial/municipal public grocery stores.”

Talkin’ Bout My Generation…

entitlement generation Gradually Then Suddenly It's Probably Nothing 10 Comments

The more pressing question is: can most retirement funds generate sufficient capital to sustain themselves for such a long period? I’ll hazard a guess that most government plans don’t have nearly enough. Speaking from personal experience, I’d go crazy if I stopped working completely.

Not only is retirement coming faster, Canadians are also living longer. Since 2023, life expectancy in Canada has risen two years to 83, and since 2001 the number of people over 100 has doubled, said the study. Globally, the number of centenarians is expected to grow by 800 per cent by 2050.

Instead of the 20 to 30 “golden years” of earlier generations, workers today are potentially looking at retirements that span 40 years or more.

 

The Cheque Is In The Mail

Cronies entitlement generation It's Probably Nothing nannystate 19 Comments

I’m suspicious about the impact of these measures for a few reasons: voluntary departures come with severance; government retirement plans often require funding out of general revenue so early retirement just means more losses to cover; many eliminated jobs are potential positions as opposed to actual ones, and the timeline is an entire decade.

He said the company will use “attrition first” to downsize from the roughly 62,000 people it employed at the end of last year.

The company expects to shed 16,000 employees through retirement or voluntary departures by 2030, with an additional 14,000 leaving by 2035.

Echo Chamber

entitlement generation Insufferable Twits 18 Comments

Only customers with obsessive compulsive disorder would be bothered by any strike. The rest will just buy their latte at the myriad of coffee shops that can be found down the street from every Starbucks.

Starbucks Workers United said stores in 45 cities would be impacted, including New York, Philadelphia, Minneapolis, San Diego, St. Louis, Dallas, Columbus, Ohio, and Starbucks’ home city of Seattle. There is no date set for the strike to end, and more stores are prepared to join if Starbucks doesn’t reach a contract agreement with the union, organizers said.

Social Disease

entitlement generation Social Disease We Need A Famine 11 Comments

So many people are “on Food Stamps” that when the government is shut down by DemocRat intransigence, people literally go crazy. Starting with LBJ’s Great Society program in the 1960s, and continuing until Obama and Biden actively recruited people to go on the public dole and Biden allowed millions of illegal aliens to suck at the public teat (blatantly against Federal law!), the program has snowballed. Today, the figure given for the number of US residents on food stamps (SNAP, EBT) is close to 42 Million People! Yes, you read that correctly, Forty-two Million People are drawing food stamp benefits, many illegally!

When the government withdraws the opium of federal benefits, that most have become addicted to, withdrawal symptoms set in, and this time is no different.

Circling The Drain

entitlement generation Gradually Then Suddenly Great Moments In Socialism It's Probably Nothing New Governor 17 Comments

Voters want lots of free stuff, so maybe those things will just pay for themselves, right? Unfortunately, I don’t know of a political party with currently elected members which would make a serious dent in any of that spending.

For the 2025-2026 fiscal year, Desjardins is projecting a $70-billion deficit, although the report acknowledges some estimates from other sources have been as high as $100 billion.

“There is a lot to unpack in the run-up to what will be a truly unprecedented federal budget,” said the report. “Deficits could rise to levels not seen in decades outside of a recession or pandemic, and the debt-to-GDP ratio is likely to be headed in the wrong direction.”

 

The Cheque Is In The Mail

Canada’s Bolsheviks entitlement generation Gradually Then Suddenly nannystate 33 Comments

Our family farm used to have mail delivery to the top of our lane but that was discontinued sometime in the early 1960s. After that, we picked up our mail in a small town. In 1970, that post office closed and we used a community mailbox which is still in service to this day. Miraculously, the sky didn’t fall.

The Canadian Union of Postal Workers went on strike Thursday after the government announced door-to-door mail delivery would end for nearly all households within the next decade.

Canada Post said the strike will mean mail and parcels will not be processed or delivered for the duration of the strike and no new items will be accepted.

 

Free Capital

Canada’s Bolsheviks entitlement generation We Are All Treaty People 3 Comments

Just imagine how wealthy you could be if taxpayers could be forced to pony up most of your investment capital. The sky’s the limit when it comes to ventures with unpronounceable names.

The money is going to Lil’wat Business Group to help it build Tseqwtsúqum, a housing and commercial space planned for the Function Junction neighbourhood of the mountain town.

The federal agency agreed last year to put up to $100 million to support the program, which provides below-market rate loans to help Indigenous communities realize their development goals.

New Rules

47 entitlement generation New Rules 4 Comments

Universities and colleges across the country can thank Harvard for this latest development. If federal courts won’t allow the Department of Homeland Security to deal directly with Harvard on compliance for the Student Education Visa Program (SEVP), the administration can simply make it more difficult for everyone instead.

That seems to be the case today, although this may have accelerated a project that would have started soon anyway. After a federal court issued a stay that allows Harvard to continue enrolling foreign students, the Trump administration paused the entire program. Embassies and consulates have been ordered to stop conducting necessary interviews to process those applications until new vetting standards are put into place…

Socialized Dentistry

entitlement generation nannystate Tommy Douglas: Not Dead Enough 49 Comments

Carney announced this morning on social media that his government will be expanding government subsidized dental care dramatically. This is exactly how Medicare got started, with the state footing the bill for some expenses and insurance which gradually morphed into a complete prohibition on any private payments. How long will it be before cash strapped governments throttle payments to dentists, resulting in people being unable to find a dentist at all? Probably not that long.

 

Let Us Jog Your Memory

Children R Our Future entitlement generation Gradually Then Suddenly It's Probably Nothing 7 Comments

Has the problem of unpaid student loans been allowed to fester so long that people have actually forgotten how much money they owe? Apparently it has.

While many outside experts have acknowledged that the collections process needed to resume at some point, they’ve warned that recent upheaval within the Education Department and student lending program could end up creating new problems for borrowers, many of whom may not realize they still owe their debts after years of not having to pay them.

There are currently more than 5 million borrowers with loans in default, who will be immediately affected by the restart. Millions more Americans are expected to fall deeply past due on their student debts in the coming months, with a large bulge in the fall.

 

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