Government Regulations and Mass Fear Leads to Massive Shortages: Registered Nurses’ Association warns of difficult times ahead as COVID spreads widely across Ontario – January 7, 2022,
To people who might not understand why some of us are against government PAYING a chosen people for doing absolutely NOTHING, is because if people are given a Universal Basic Income(UBI), they’ll opt NEVER to work again. When Milton Frieman first introduced his concept of a UBI, he wanted to get rid of all the other welfare subsidies and replace them with a UBI. In the modern era, the Progressives want you to ignore the UBI we have in Universal Health Care in Canada and instead, make UBI in addition to existing welfare programs and obviously, this leads to labour shortages.
The Bank of Canada is rewarding malinvestment by keeping interest rates artificially low, no matter how high consumer price inflation gets, the Bank of Canada wants to keep interest rates as low as possible. Normalizing interest rates is considered inhumane in 2022, people who bought MORTGAGES they will pay off will be forced to walk away? No, the government can’t allow that to happen, right? Do we have to keep consumer prices high for the greater good?
Well, this greater good is leading to Staff shortages and the Registered Nurses’ Association is making sure Ontarians know that Universal Health care is going to be facing some serious challenges in the months ahead. Now, as I’ve stated in other posts, currently this is an easy fix. NORMALIZE interest rates, so the government will be forced to tighten its belt and mal-investors can start selling instead of hoarding for future capital gains.
But politically this would be unpopular, so if you like things how they are now, you’d better get used to the word “SHORTAGES” because when fewer people contribute to the economy, shortages, will become normalized!
Interesting times ahead!