Economist Jimmy Jean speaks to Financial Post Larysa Harapyn from the federal budget floor in Ottawa on the top economic issues of this year's fiscal plan.
This budge will make everything more expensive for a whole host of reasons. It will also discourage entrepreneurs from starting small businesses in this country driving everyone to the big box, big corporate retail outfits which will also drive prices up. That drag on the creation of new business will also have a negative impact on employment. It doesn't take an economist to figure this crap out - as a matter of fact, everything Trudeau is doing is based on Keynesian economic theory that the majority of mainstream economists have followed (with a religious fervor that is actually quite impressive) that opened the door for this kind of national economic suicide.
That's the goal. Fascism is here and only the Big Companies benefit from pushing a government agenda. This is called Stakeholder's Fascism. History is repeating again.
ask 5 different economists the same question, you'll get 11 different answers. "economics" is not a science, it is a ponzi scheme full of bullshit and bullshitters and every year the powers that be are scrambling to think of some hair-brained scheme to keep the house of cards from collapsing.
We know that Canadians in general will get screwed over more than before. If you recall, the clown in charge said the budget will balance itself. Eight years of sparklesocks.
@@musesshadow Prove me wrong. Billions in deficits, borrowed money, crazy interest that will never be paid. Sparklesock's trust fund is safe in offshore accounts.
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@@matthewbarabas3052You know it Matthew. When are people going to learn there is no “saviour government.” How quickly they forget the GST that was started so long ago. Did any ensuing government drop that?
No, the "wealthy crooks" as you call them are about to pull any money they have left in Canada OUT. Who would do business in a country that stifles innovation and puts up road blocks to business at every turn?? You can be sure that trudohs money is all offshore and will not be taxed.
Actually, they're taxing the crooks. But don't let reality get in the way of you voting against "hard working people" each and every chance you get. The Conservative "National Council" is half full of billionaire lobbyists.
@@mrofnocnon Ah! An expert I presume? Indeed, "people" will have "more idea" (sic) than the ones highlighted in this 400 page document that they most certainly didn't read. A document that - according to you it seems - Trudeau wrote on his own with no help from anyone in his cabinet and their offices.
I think I'd rather struggle trying to find a job, but at least have reasonably priced housing and other necessities, than have to deal with this mind-boggling corrupt economy based on mass immigration and housing.
@@mrfake675 From the Germans to the Romans and so on, many civilizations have collapsed by taking in a massive number of people and disadvantaging the locals. I'm sure many people in this country, such as the political elite and the very wealthy, are Benefiting. But about 95% of us are screwed because of it though.
they kind of are, in every country. in some countries, such people are celebrated, and praised, and elected, driving out the actual competents. but thats just america.
@@Deadguy2322forreal its because harper, magically like trudeau seems to have, is a 0% approval rate that no one likes. so, with both the conservatives and the liberals out, theres no one left. what now?
The economy is continually going down hill and will till we get the guy st the top out. He is the master and commander who has devastated all of the canadians
When they say the "Economy" they mean Wall St. Their "economy" is not the economy of the average Canadian who struggles just to survive month to month. 50% of all Canadians are barely surviving due to prices skyrocketing by companies that were already making record profits. So I'm just fine with making them pay what they should be paying and using it to actually help the people who need it and not rich people in mansions.
Oh dear, some rich people won't be making as much money as they expected. Some of them might even have to take their vacation on the same yacht they used last year. The horror!
We need government with the vision to get rid off the deficit. 40 countries on Earth have balanced budgets or surplus budgets. What is wrong with Canada? Too much socialism is costing taxpayers billions dollars and adding up to the deficit. Stop babysitting refugees. Get rid of GIS or pay only cpp to the Canadians who contributed to the economy. Child support payments are discriminatory based on your income, pay every child or scrap the program. No money dumping to assist other countries to create wars . Ukrainian is prime example, don’t waste taxpayers money! We should cap the MPs to 100 to cut cost, too many backbenchers are costing taxpayers lots money. Medicare needs lots reform to cut costs.
@tycanuck Trudeau has zero experience doing anything, he was born with a silver spoon up his ass. Meaning he's never had to earn shit the hard way. That's why he's such a piss-poor leader!!!
@@Aone4seven He has a point. What job has PP ever had that did not include being a member of the government that gave us the worst job creation and GDP growth since 1946?
Economic worship is the absolute lowest form of humanity. The slaves, the pressures, the degeneracy of those who "succeed" in it. Absolutely disgusting.
WHAT economy ? We're a resource-rich country (unexploited) that has ONE main export.......taxpayer cash. Businesses are smart.....I wouldn't invest in this poorly-managed economy either.🤔
being a a resource exploitation economy isnt any better. in fact, it would be significantly and substantially worse for canada in the long run; look at russia. look at any major resource exploitation country.
@@matthewbarabas3052 Yeah, our allies must LOVE us refusing to help with our huge supply of natural gas and an idiot for a leader, that's ideologically-driven by his limited knowledge of the "real" world.🤔
@@CannonFodder873 just because we have a lot of supply does *not* mean we have the infrastructure to exploit it, or export it, even to the USA, let alone overseas. and, countries are *not* obligated to help other countries resource supply issues. they can damn well pay up.
Too bad you didn't actually read the budget, or you'd know that small business got an increase in capital gains waivers. But reading the facts is pretty hard, I know.
Why not increase legal immigration, further develop Canada, and tax billionaires (again)? It's worked for thousands of years...Canada will need 100,000,000 citizens by 2050 to continue to compete in the global economy. It seems most Canadians are bigger xenophobes than Americans.
...do we need to compete in the global economy? we definitely dont need 100 million people for that, because theres a lot of nations with a lot less people and they do just fine.
And news flash: Millennials and Gen Z will actually have money to spend by 2050. $50 trillion is going to change hands as the baby boomers die off, since they took it all.
Canada has a tradition of giving tax credits and subsidies to big foriegn industries..... thats why most of us work good paying labour jobs making valuable complex products./S
