this post was submitted on 25 Apr 2025
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So he dodges the question by sliding in talking points:
What's the Canadian promise? Is it the same "private healthcare, fuck the unemployed, fuck the outsiders, why am I even talking to you plebes" conservative M-O?
We have had stagnant GDP growth for a decade, exploding housing prices, doctor shortage, food bank usage is skyrocketing, people are living in rest stops, on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration. That is why Liberals are bad and why economic growth is important, part of that is dropping taxes so we can accrue investment, as the Bank of Canada literally raises the alarm bells for a lack of productive investment into Canada.
When you hurt poor people this badly for a decade usually you'd recognize the reality around you. If you're going to tax people it also needs to be spent on something productive, not consumption but mass transit, why we still dont have high speed rail spanning from every major city while spending this much is a joke.
If only there that someone who understood there warnings Bank of Canada issues....
Central banks dont recognize it themselves given the huge amount of money being ploughed into housing, to attain the rampant speculation their low interest policies created. There was an article I saw today that there isnt even a housing shortage, just dimwitted people bidding up home values much like the US prior to 2008.
https://betterdwelling.com/canadian-real-estate-shortage-overstated-condos-wont-fix-costs-bmo/
Housing obviously acts as a liquidity sponge for debt to increase the wealth effect, but surely there is a reckoning like the US had at the end of all of this.