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submitted 1 day ago* (last edited 1 day ago) by [email protected] to c/[email protected]

In the absence of these important policy proposals, there is evidently some apprehension among Canadians. Half (46%) say they are “fearful” of the CPC forming government, while fewer (35%) anticipate it with hope. A majority (54%) suspect Poilievre and the CPC have a “hidden agenda” that won’t be revealed until after the party wins the elections.

There is also some doubt that a Poilievre-led government can balance the budget and lower income taxes as promised, even if most view them to be “good things”. More than two-in-five (45%) say neither will happen.

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[-] [email protected] 13 points 1 day ago

The Canadian govt is the primary creator of Canadian dollars.

When the federal govt runs a deficit of say $1B, that's a surplus of $1B in the private sector. $1B more spent into industry than collected in taxes. Good times for the private sector.

When the federal govt runs a surplus of $1B, that is a deficit of $1B in the private sector. $1B more collected in taxes than spent. This is an absolute disaster for the economy.

When you consider the above, you can see how ridiculous it is for the federal govt to run a balanced budget or surplus. A balanced budget is a strongly recessionary position, choking off economic growth in the private sector.

[-] [email protected] 2 points 1 day ago* (last edited 1 day ago)

Someone has been reading MMT. Nice. 👍

[-] [email protected] 0 points 1 day ago

And won't somebody think of the private sector! It just doesn't have enough control over the public good!

this post was submitted on 18 Sep 2024
28 points (96.7% liked)

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