Canada's Debt Spiral: Does Justin Trudeau Live In An Alternative Reality?

[Doka]

As Venezuela just re-elected more misery for the people, I am not too sure that there is enough sanity left to discard Trudeau. Even with Carbon taxes and open boarder invasion among other things, there does not seem to be the" will" left in the people to save themselves from the liberal agenda placed before them, no matter how much pain they choose to endure, to wear a "label" proudly.




Canada's Debt Spiral: Does Justin Trudeau Live In An Alternative Reality?

by Tyler Durden

Sun, 05/20/2018 - 23:45

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Authored by Lee Friday via The Mises Institute,

Living beyond our means requires us to borrow money to cover the difference between our income and our spending. Many Canadians now understand the financial consequences of this practice and regret the choices they’ve made. Unfortunately, Prime Minister Trudeau is not one of them, as evidenced by his government’s budget deficits which are further eroding the financial wellbeing of Canadians. He has broken a campaign promise, ignored basic economic principles, and seems hell-bent on setting an ignominious record.  According to the Fraser Institute: "Justin Trudeau is the only prime minister in the last 120 years who has increased the federal per-person debt burden without a world war or recession to justify it."

The Rest of a very interesting article

https://www.zerohedge.com/news/2018-05- ... ve-reality

[Raggedyann]

Why would you care what Canada does? It's not like we are a big super power. Nothing we do will affect you in any way shape or form.

Just out of interest, as you would not have a clue...The Fraser Institute, quoted in the article, is a wretched right ing org. Most Canucks lean to the left so you can just imagine how much attention we pay to the those idiots. As with most right wing media, they embellish the truth and most of the time just plain lie.