« previous next »
Pages: 1 ... 157 158 [159] 160 161 ... 168

Author Topic: Government Day-to-Day  (Read 54349 times)

0 Members and 5 Guests are viewing this topic.

guest18

  • Guest
Re: Government Day-to-Day
« Reply #2370 on: June 09, 2023, 03:56:59 pm »
You know everyone thinks you're retarded, right?
Logged

Offline Black Dog

  • Full Member
  • ***
  • Posts: 9218
  • Location: Deathbridge
Re: Government Day-to-Day
« Reply #2371 on: June 09, 2023, 04:09:44 pm »
Quote from: Queefer Sutherland on June 09, 2023, 03:25:37 pm
Hey we all slow down on the highway to look at a car accident.  Except you I guess, on your bike because scared of driving.

I'm clearly several decades younger than you think I am, I just sound old because I'm extremely wise beyond my years.

Sure just like you're Black too, right? Anyway, it doesn't matter how old you are if you have the mindset and soul of a boomer.
Quote
I also don't drink booze or do anything retarded really except post on this terrible forum.

It's just wild how you'll have these stretches of normal posting and then go off the rails late on Friday afternoons. Do you just shove the stupid down during the week and let it fly when the weekend hits?

Quote
Anyways, some nice Sunday reading for you this weekend:

https://www.amazon.ca/Innocents-China-Pierre-Elliot-Trudeau-ebook/dp/B0070YYQ04/ref=sr_1_fkmr0_2?crid=JSCVZA0MXIMO&keywords=pierre+trudeau+red+china&qid=1686340989&sprefix=pierre+trudeau+red+chin%2Caps%2C112&sr=8-2-fkmr0

https://www.amazon.ca/Barbarian-Lost-Travels-New-China/dp/1443441406/ref=sr_1_2?keywords=alexandre+trudeau&qid=1686341054&sprefix=alexandre+tru%2Caps%2C118&sr=8-2

https://nosnowinmoscow.wordpress.com/2013/04/05/the-last-days-of-the-patriarch-by-alexandre-trudeau/

Nah.
Logged

Offline Black Dog

  • Full Member
  • ***
  • Posts: 9218
  • Location: Deathbridge
Re: Government Day-to-Day
« Reply #2372 on: June 09, 2023, 04:11:55 pm »
Quote from: Trans Black Shady on June 09, 2023, 03:45:25 pm
Woke Dog is so woke that even kimmy laughs about insane he is.  She’s probably “old” as well.  Anybody that disagrees with him is “old”.  He’s like a child.  A man baby.

Post some more shitty Facebook-tier memes, why don't you fuckstick. Do you ever stop and think what a completely sub replacement-level human you are?
« Last Edit: June 09, 2023, 04:18:40 pm by Black Dog »
Logged

Offline After 9 years of Trudeau Shady

  • Full Member
  • ***
  • Posts: 9295
Re: Government Day-to-Day
« Reply #2373 on: June 09, 2023, 05:13:14 pm »
Quote from: Black Dog on June 09, 2023, 04:11:55 pm
Post some more shitty Facebook-tier memes, why don't you fuckstick. Do you ever stop and think what a completely sub replacement-level human you are?

[ Guests cannot view attachments ]
Logged

Offline Black Dog

  • Full Member
  • ***
  • Posts: 9218
  • Location: Deathbridge
Re: Government Day-to-Day
« Reply #2374 on: June 09, 2023, 05:48:25 pm »
Logged

Offline wilber

  • Administrator
  • Full Member
  • *****
  • Posts: 9167
Re: Government Day-to-Day
« Reply #2375 on: June 09, 2023, 06:47:14 pm »
Quote from: Black Dog on June 09, 2023, 11:08:05 am
Do you also have the power to issue your own currency?

Exactly, just print more money and inject it into the economy causing more inflation, devaluing the money you just printed making everyone poorer.

Debt servicing costs skyrocket, just print more money to pay the interest. Soon we are Argentina.

Trudeunomics in action.
« Last Edit: June 09, 2023, 06:49:59 pm by wilber »
Logged
"Never trust a man without a single redeeming vice" WSC

Offline waldo

  • Full Member
  • ***
  • Posts: 8857
Re: Government Day-to-Day
« Reply #2376 on: June 09, 2023, 11:59:24 pm »
re-quoting the post you must have missed

Quote from: waldo on June 09, 2023, 11:50:45 am
Quote from: wilber on June 09, 2023, 10:34:13 am
And over 40 billion in new debt to pay for it. Why don't you include that?

the $90.2-billion deficit recorded in 2021–22 was $23.6 billion lower than the $113.8-billion deficit projected in Budget 2022. Comparatively... would you say $40 billion is an... improvement... for anyone oh so fixated on debt/deficit - yes? And don't forget the forecasts for coming years, hey!

Quote from: wilber on June 09, 2023, 06:47:14 pm
Debt servicing costs skyrocket, just print more money to pay the interest.

Trudeunomics in action.

wilber, don't worry - be happy! And about those forecasts!



here let me ask again; perhaps you'll actually answer this time: what spending cuts are you wanting - who/what is on your 'cut list'?
Logged

Offline wilber

  • Administrator
  • Full Member
  • *****
  • Posts: 9167
Re: Government Day-to-Day
« Reply #2377 on: June 10, 2023, 12:27:17 pm »
Reducing debt requires balanced budgets and paying debt down. That will never happen under Trudeau.

As existing debt matures and has to be replaced with new debt at higher higher rates, balancing budgets will become even more difficult as more tax revenue is required to service existing debt, never mind future deficits.

Quote
When interest rates spiked in 2022, debt interest costs began rising rapidly again. According to the spring federal budget, debt interest will cost $34.5 billion in 2022/23 and reach $43.9 billion in 2023/24. To put this in context, the cost to service federal debt is on track to more than double over a three-year period from 2020/21 to 2023/24.

Consequently, Ottawa will spend almost as much on debt interest this year as what it spends on the Canada Health Transfer ($49.4 billion), which is money the federal government sends to provinces to help fund health-care services. The government also spends more on interest costs than it spends on the Canada Child Benefit and national daycare programs combined ($31.2 billion).

Cuts? What about the 43 billion in new spending being paid for by new debt?
« Last Edit: June 10, 2023, 12:38:20 pm by wilber »
Logged
"Never trust a man without a single redeeming vice" WSC

Offline waldo

  • Full Member
  • ***
  • Posts: 8857
Re: Government Day-to-Day
« Reply #2378 on: June 10, 2023, 01:07:06 pm »
Quote from: wilber on June 10, 2023, 12:27:17 pm
Reducing debt requires balanced budgets and paying debt down. That will never happen under Trudeau.

c'mon wilber - as you continue to ignore forecasts; here, again:



Quote from: wilber on June 10, 2023, 12:27:17 pm
As existing debt matures and has to be replaced with new debt at higher higher rates, balancing budgets will become even more difficult as more tax revenue is required to service existing debt, never mind future deficits.

Cuts? What about the 43 billion in new spending being paid for by new debt?

again: anyone looking for signs of an incipient fiscal crisis... that would be you wilber!

Quote from: waldo on May 29, 2023, 04:37:27 pm
what say you economist Kevin Milligan? - "for anyone looking for signs of an incipient fiscal crisis....uh, no." --- "if debt service / GDP does settle in at around 1.6% by 2024, that would still be lower than at an point between 1918 and 2011"

Logged

Offline Queefer Sutherland

  • Hero Member
  • *****
  • Posts: 10258
Re: Government Day-to-Day
« Reply #2379 on: June 10, 2023, 02:12:44 pm »
Quote from: wilber on June 09, 2023, 06:47:14 pm
Exactly, just print more money and inject it into the economy causing more inflation, devaluing the money you just printed making everyone poorer.

Debt servicing costs skyrocket, just print more money to pay the interest. Soon we are Argentina.

Trudeunomics in action.

"Money grows on trees" - dumb Marxist MMT'ers
Logged
"Nipples is one of the great minds of our time!" - Bubbermiley

Offline wilber

  • Administrator
  • Full Member
  • *****
  • Posts: 9167
Re: Government Day-to-Day
« Reply #2380 on: June 10, 2023, 02:13:49 pm »
How is debt going to come down if the government keeps running deficits?
Logged
"Never trust a man without a single redeeming vice" WSC

Offline Queefer Sutherland

  • Hero Member
  • *****
  • Posts: 10258
Re: Government Day-to-Day
« Reply #2381 on: June 10, 2023, 02:16:41 pm »
Quote from: waldo on June 10, 2023, 01:07:06 pm
c'mon wilber - as you continue to ignore forecasts; here, again:



again: anyone looking for signs of an incipient fiscal crisis... that would be you wilber!

Debt can't go down unless you go into surplus and pay it down.  Trudeau gov had a good economy before covid and ran deficits.  They will never reduce the debt by 1 cent because they just want to buy votes and create their utopia.
Logged
"Nipples is one of the great minds of our time!" - Bubbermiley

Offline Queefer Sutherland

  • Hero Member
  • *****
  • Posts: 10258
Re: Government Day-to-Day
« Reply #2382 on: June 10, 2023, 02:23:11 pm »
Quote from: Squidward von Squidderson on December 16, 2019, 07:40:51 pm
The Cons were no different....   promising tax breaks and no way to pay for them.  They were absolutely no different than the Libs this election.  Plus, they were even worse under Harper.

Harper gov reduced the GST and then the 2008 recession hit.   You're supposed to run deficits when the economy slows down to sinister growth and everyone in the world did it.

The Trudeau gov ran deficits every year since being in power even before covid when the economy was strong.   They're idiots.
Logged
"Nipples is one of the great minds of our time!" - Bubbermiley

Offline waldo

  • Full Member
  • ***
  • Posts: 8857
Re: Government Day-to-Day
« Reply #2383 on: June 15, 2023, 02:08:32 pm »
Harper Supreme Court appointment resigns - Conservative leaning Justice, Russell Brown

Logged

Offline waldo

  • Full Member
  • ***
  • Posts: 8857
Re: Government Day-to-Day
« Reply #2384 on: June 20, 2023, 07:15:12 pm »
good on ya PeePee! Good on ya!

Quote
Canadian Press/Sean Kilpatrick: Conservatives vote in favour of bill enshrining long-term funding for child-care system. Conservative members of Parliament joined other parties to vote in favour of a bill that enshrines into law the Liberal federal government's long-term commitment to the Canada-wide early learning and child-care system.

The Liberals introduced the bill late last year as part of an effort to ensure that future federal governments would continue providing child-care funding to provinces.

The bill, which passed unanimously, also creates a national advisory council on early learning and child care.

The Liberal government earmarked $30 billion over five years in the 2021 budget to set up a long-promised national child-care program.
Logged
Pages: 1 ... 157 158 [159] 160 161 ... 168
« previous next »