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PM Justin Trudeau's Canada

Why do we all of a sudden care about the national debt?

Do the people complaining actually have a reason, or are they just imagining their kitchen table budgeting has any resemblance to national economics?


Here is a good read: https://documents1.worldbank.org/curated/en/560291579701550183/pdf/Debt-and-Financial-Crises.pdf

Since 1970, according to the World Bank there have been more than 500 occurences of countries rapidly accumulating debt. Around half of these resulted in financial crises.
So in essence you could say there is actually no strong correlation necessarily between rapid debt accumulation and financial crisis. Clearly there are other factors that influence this moreso than the debt accumulation only.
 
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Option A: Lower corporate taxes to between 0 and .25% to increase investment in Canada.
If you did this, the very first thing you would see happen is stock buybacks. You would not see these corporations invest in wages or productivity enhancements. And why should they, you just gave them a free lunch. So why should we give a fuck about enhancing shareholder wealth?

This is exactly what happened with the Trump tax cuts BTW
 
reminds of this video from 2015 , dude had a bachelor's and master's in Economics
I'd vote for Harper over Poilievre.



Harper would destroy Trudeau while not pandering to the xenophobes and Christian nationalists.
 
I'd vote for Harper over Poilievre.



Harper would destroy Trudeau while not pandering to the xenophobes and Christian nationalists.
I wonder how much influence he still wields behind the scenes...
 
I wonder how much influence he still wields behind the scenes...
I expect almost zero. All but one of Harper's forty-four former cabinet ministers is still a MP. Guess who that last hold out is.

Retired:
Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development
Rob Nicholson, Minister of National Defence
Peter MacKay, Minister of Justice, AG
Rona Ambrose, Minister of Health
Diane Finley, Minister of Public Works and Government Services
John Baird, Minister of Foreign Affairs
Tony Clement, President of the Treasury Board
Peter Van Loan, Leader of the Government in the House of Commons
Jason Kenney, Minister of Employment and Social Development
Gerry Ritz, Minister of Agriculture and Agri-Food
Christian Paradis, Minister of International Development
James Moore, Minister of Industry
Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs
Leona Aglukkaq, Minister of the Environment
Minister for the Arctic Council
Lisa Raitt, Minister of Transport
Gail Shea, Minister of Fisheries and Oceans
Julian Fantino, Associate Minister of National Defence
Steven Blaney, Minister of Public Safety and Emergency Preparedness
Ed Fast, Minister of International Trade
Joe Oliver, Minister of Finance
Kerry-Lynne D. Findlay, Minister of National Revenue
Shelly Glover, Minister of Canadian Heritage and Official Languages
Chris Alexander, Minister of Citizenship and Immigration
K. Kellie Leitch, Minister of Labour
Greg Rickford, Minister of Natural Resources
Erin O'Toole, Minister of Veterans Affairs
Maxime Bernier, Minister of State (Small Business and Tourism, and Agriculture)
Lynne Yelich, Minister of State
Gary Goodyear, Minister of State
Rob Moore, Minister of State
John Duncan, Minister of State
Tim Uppal, Minister of State
Alice Wong, Minister of State
Bal Gosal, Minister of State
Kevin Sorenson, Minister of State
Candice Bergen, Minister of State
Michelle Rempel, Minister of State
Ed Holder, Minister of State

Still a MP:
Pierre Poilievre, Minister of State

Harper never promoted Poilievre beyond one of the several, and essentially symbolic Minister of State jobs. If he gains power Poilievre will owe nothing to Harper.
 
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I wonder how much influence he still wields behind the scenes...
A lot. As the head of the IDU, he's helping prop up right wing governments across the world.
He's very friendly with Modi, who likely helped PP win the leadership. In return PP has downplayed India's crimes any chance he gets.
 
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