Wannabe Dictator Justin Trudeau and the Liberal Party of Canada push to add more regulations and increase costs to the Canadian economy in the middle of a recession – July 17, 2020,
When it’s not your money or when you believe that you have an infinite amount of money it’s only natural that you’ll spend money and regulate the productive in the hopes of building some sort of utopia. I’m personally against a Gold Standard currency, however, if there was a gold standard currency, the pain of Justin Trudeau’s federal deficit spending would be felt immediately as opposed to being possibly being felt when he’s no longer Prime Minister of Canada.
Trudeau’s Liberal cabinet has been doing a lot of spending and regulating and because the effects of his spending and regulating aren’t immediately felt, who can blame him for assuming he can continue on with Liberal spending plans.
Most people tend to forget that the government often gets bigger during an economic downturn when the private sector shrinks and in a welfare state often never returns to previous employment numbers. The public sector is financed by the private sector and if the currency was backed by Gold and not a printing press as is the case in China, our gold reserves would probably be filled with copper filled gold plated bars.
Luckily Canada has no gold reserves, which is pretty scary when you think about debt levels and the amount of Canadians dependent FINANCIALLY on the government to survive. So, in Argentina as an example, their government is so large that no matter what currency they create, their big government consumes it before the private sector can grow our maintain it.
In Argentina, their economy is overly regulated, in fact in most Latin American countries, almost all of their political parties are Leftist. In the Dominican Republic, which I know is technically in the Caribbean when I researched their last election, every single political party was Leftist, being a center Left politician in the Dominican Republic wouldn’t be wise, because Right Wing politics is considered mean and cruel!
How dare you pursue prosperity when there’s all of this poverty, the government has to solve our countries problems by regulating the rich and powerful to prevent them fro exploiting the poor and vulnerable. Well, unfortunately, most Leftist politicians are rich and powerful, and subscribing to Leftist politics actually grants them more power to control your life.
People in government, usually aren’t good business people, and let me point out that not all rich people made their fortunes in the private sector, a lot of rich people made their fortune via Government regulations which protect their businesses or their wealth from the free market.
Justin Trudeau, Chrystia Freeland, and Bill Morneau are all second-generation Liberals whose parents, for the most part, got rich via politics. It’s not like Trudeau started from the bottom and became rich, another reminder that Justin Trudeau in the private sector didn’t expand the family fortune, his mom Ella-Grace Margaret Trudeau had to make sure to re-add the ‘Trudeau’ brand to her legal name so she could make more money in ‘WE Charity’ speaking fees.
The Trudeau’s don’t know how to generate wealth in the free market, they’re wealth generation comes from the Government. This is why Trudeau and his gender-neutral cabinet doesn’t see the harm in spending while over-regulating.
In America, Donald Trump has done a lot of spending, the difference in America however is Donald Trump has also done a lot of regulation cuts, there is no Paris accord/carbon tax in the Trump administration. Furthermore, unlike Barack Obama, Donald Trump gave main-street a bailout.
Are people not paying attention to who Justin Trudeau is primarily bailing out? It’s not the Canadian people who are being told that they will have to pay taxes on CERB payments, Trudeau is actually bailing out a lot of private companies in the government’s good graces.
Trudeau tried to prop up WE Charity before getting caught, but with this new bill, although the headlines read ” government’s agenda is a promise to provide one-time payments to some Canadians with disabilities to help cover additional costs incurred during the pandemic.” what’s not being mentioned are the other already wealthy entities who will benefit from the bill.
I’ve personally never seen this much corruption in Canadian politics ever, but because Canada similar to Latin Ameri has gone so far Left, I genuinely believe that the average Canadian doesn’t comprehend how much of a transfer of wealth Trudeau has already done.
Barack Obama made the term Hedge Fund manager a household term to describe most rich people. Bailing out Wall Street was Hedge Fund bailout and in case people didn’t realize Barack Obama is now a multi-millionaire, Senator Obama was not a wealthy man, Obama made his wealth in politics, however, because a lot of people think that politicians should be rich this stuff tends to fly over people’s heads.
A politician who is supposed to be for the poor made the rich richer? Robin Hood made the rich richer? A good politician can sell poor people on why they should remain poor. A good politician won’t tell you that they’re making you poorer, they’ll tell you what you want to hear, they’ll give a few bucks and give their buddies a lot more bucks, but at least you got a few bucks, right?
Trudeau handing you a few dollars guarantees you’ll vote for him again right, because after all, in order for you to get a few dollars, he has to give his rich buddies a few more dollars? It’s only right? Isn’t it? ISN’T IT!
This Trudeau led economy has all the makings of a serious cash flow crisis in Canada, I highly recommend that the reader of this article prepare themselves accordingly, the last time a Trudeau took office in took 20 years to clean up the disaster they left behind. Actually it was never cleaned up, it was only better managed.
Sure we had to create the Department of Canadian Heritage to maintain the size of our government, but you see even that is going to be put in jeopardy via Trudeau’s cabinet. I mean have you really looked at Steven Guilbeault, he’s an environmentalist in case you forgot.
Environmentalists are open to sacrificing the economy for what they believe is the greater good, I bring this all up, because you’d be wise to pay close attention to the new bill being drafted by Trudeau’s cabinet.
Liberals seek to recall House of Commons for new COVID-19 legislation | ctvnews.ca
Interesting times ahead!