UCP’s Alberta pension plan would rob Canadians of their SOCIALIST stability – Why Public Servants DO NOT contribute to the Canadian Pension Plan – October 25, 2023

When politicians do the numbers, they do so with the intention of being POLITE about finances. Although people like myself imagine that we’re decades ahead of the population when it comes to the BASIC MATH of the Canadian economy, we still have to adhere to the FLAWED Democratic process.

When Justin Trudeau enacted the “Emergencies Act,” I certainly thought it was illegal and that Justin Trudeau should pay the price for tyranny; however, Trudeau did EXPLOIT a loophole in our Democratic process.

The government, which INCLUDES public servants, only knows how to make money via taxation, nationalization, and printing money. Where do you get taxes from if you are a government?

You get taxes via the PRIVATE CITIZEN and the PRIVATE SECTOR; nationalized entities like Canada Post, the Canadian Dairy Commission (CDC), and the Canada Mortgage and Housing Corporation(CMHC) are Federal government monopolies that don’t allow competitors to out-compete them in their monopolized markets.

Sure, you could make an argument that Crown Corporations are generating revenue, but then you’d have to explain how. Then there’s the Central Bank of Canada, which prints money. Lucky for Canada, foreign countries are still interested in our bonds and other assets that allow us as Canadians, to have GLOBAL purchasing power via the LOONIE not available in most countries in the world.

All of this is made possible because of Canada’s PRIVATE SECTOR. Some would argue that it’s the PUBLIC sector that’s created the STABILITY to make the priate sector profitable; if you genuinely believe this is true, you should be asking yourself why the rest of Canada is SCARED that Alberta might start its own pension plan.

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First and foremost, I’m not entirely sure how the UCP would structure its pension plan, but Alberta has the financial stability to have the richest pension plan in Canada. I like to remind people that a pension plan is structured not to pay out everyone at once. For example, I’m young, I work and contribute to the pension plan; you’re old and retired, you sit back and collect, sure people are living longer, but people are also working longer.

Now, if you’re working for the public sector, your public sector paycheck is the result of the PRIVATE SECTOR paying its taxes and generating revenue the government can’t generate for itself.

If you genuinely believe the government can generate the same revenue generated from the private sector, one should ask why we have a private sector to begin with. Imagine the GOVERNMENT made those sweet pastries, or the video games, or even the cars you drive?

Haven’t you noticed the government is bureaucratic about EVERYTHING? Those of us who work in the private sector often will take financial LOSSES to avoid bureaucracy, which then generates the private sector wealth in the long term.

Politics is a lot of SHORT-TERM thinking; the private sector is all about LONG-TERM thinking. For example, RIGHT NOW in progressive political circles, phasing out fossil fuels is fashionable.

Most of these politicians could care less about the IMPORTANCE of the fossil fuels industries and most politicians don’t care about the environment, but if they want to meet the DEMANDS of some of their voters, they have to adhere to their voters’ demands and that creates the SHORT TERM thinking political cycle, that sought to phase out fossil fuels in Alberta.

Because there is no viable replacement to fossil fuels, Justin Trudeau couldn’t shut down Alberta, he merely overly regulated it, which drove up energy prices in Canada, thereby driving up oil prices globally. Alberta sells EXPENSIVE energy, so inadvertently, Justin Trudeau rewarded Alberta with his stupidity.

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But that’s the political cycle, and oddly enough, Justin Trudeau shined a light on the wealth being generated via Alberta’s PRIVATE energy sectors. Now, if you’re unaware, it’s not only Alberta’s energy sector fueling the wealth; it’s also the fiscal policies in Alberta that are more friendly to the private sector.

If Alberta is the least stressful place in Canada to start a business, that’s likely the place I’ll bring my PRIVATE business to. Once you comprehend that PUBLIC SECTOR workers are not really contributing to the Canadian Pension Plan, that’s when the numbers coming from The United Conservative Party start to make more sense.

Now, it wouldn’t be wise for a POLITICIAN to use the words I’m using because they sound offensive. Imagine you say to a Police officer you’re not really contributing to the CPP; the Police officer would RIGHTLY say, “Like Hell I’m not, and btw I’m arresting you for causing mischief,” but that’s the economics of what’s going on, public servants are using RECYCLED money to pay the CPP–Meaning that if the private sector shrunk in size, the FEDERAL government would have to borrow/print more money to pay pensions, which obviously lead to higher federal deficits.

It hurts some people to learn the truth, as a conservative, once we figure out the numbers and recognize people’s sensitivities, we often find ourselves being overly kind to the people still living in the matrix.

I’m not attacking public servants; I’m only talking about the numbers, and the numbers show that Alberta has the largest PRIVATE sector in Canada. Alberta attracts a lot of CAPITAL; in a capitalist world, people who attract CAPITAL call the shots, even if the media and the political machine is trying to convince you other.

In Canada, our TRANSFER payments model obviously creates distortions; for example, I’ll often listen to “Have Not Provinces” promising their voters that they’re going to grow the welfare State, and from there, you’ll get individuals in positions of political power, deriving their economic thoughts on the basis of government entitlements, and then educating others about the false soundness of their economy.

Economics classes in the Western world are often based on the thought processes of individuals who wholeheartedly believe in Big Government. This means that if that’s how most people are being taught about economics, you can see why people in the UCP have to talk about this subject GENTLY.

Have you ever spoken to a person who was delusional before? It’s more scary than you might think. Brainwashed people get triggered if you challenge their thinking. Most of us don’t want to relearn something, relearning something is time-consuming and painful.

Canada is filled with SNOWFLAKES; it is what it is, but just so the reader is aware, yes, if Alberta starts its own pension plan, the CPP could be in trouble, as most provinces in Canada have very large PUBLIC SECTORS, and a lot of public servants have some of highest SALARIES in the Federation.

Now, imagine these provinces have high government salaries and dwindling private sectors. I brought up Crown Corporations/nationalized/state-owned enterprises in this post because these entities are sometimes responsible for some PRIVATE businesses existing.

So once you grasp the economics of Canada’s Pension Plan and then you comprehend that Alberta runs a very fiscally responsible government, that’s when you start to see how BANKRUPT the CPP is without Alberta.

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With that said, when the federal government realizes how bankrupt the CPP is, it will likely print money to hide it, which will cause more inflation, but hopefully, before that happens, the rest of Canada will embrace being more FISCALLY responsible, which is the main reason why I support an Albertan Pension Plan.

We need some pushback against reckless government spending, regulations, and overall waste of scarce resources.

Interesting times ahead!