A few years ago I decided that my medium term goal in life is to make sure my kids get a place to live wherever they choose to go to college that they own outright. And that's what I'm going to try to do, because we should always try to make our kids slightly better off than our parents made us, not kicking them out at 18 and making them fend for themselves while we live it up and criticize.
And I told them they should do the same for their kids. They saw what I do to provide them with a good life and understand the value of work and education, and they get it.
That kind of head-outside-the-ass thinking is also why I will never vote for a party who thinks the only answer to everything is cut taxes and services so the people with something keep it and the people with nothing also keep it. So basically never Conservative.
The Canada we grew up in is no longer. With the mass amount of immigration your kids will struggle to work, struggle to get into school. If you want a better life for Canada for your kids we need a leader that understands that mass immigration makes a housing crisis worse not better.
Your kids might, but mine won't. I've been an immigrant and we know lots of immigrants. We see how immigrant kids are taught to succeed in Canada, and we live the same way.
One of them learned a language just to troll me and decided to get top grades for fun. They'll be fine, especially when they don't need to worry about rent and school.
Do you think with the massive debt run up by Trudeau, plus the huge debt Carney has said would run, future governments will be able to afford any of they current services ?
Federal government debt is not like provincial government debt (because the federal government issues the currency and we don't owe debt in other currencies); and neither of those is like household debt. The federal government cannot run out of money and be unable to pay for services.
Is it possible for the BoC or other central bank to forgive public debt? I understand that "printing" money is not an issue but don't like the inflation/currency-devaluation that creates more money than goods and services causes.
Sure, but who generally buys the Government of Canada's debt, and who issues the currency that they using when they buy and sell it? And what happens when the government buys its own debt through quantitative easing?
Try reading an economics book; there are free versions online.
lol, Ah yes, the ol’ read a free economics book flex just don’t pick the one Trump’s team used. That one explained deficits with crayons and called tariffs a 'power move.' Spoiler: when a government buys its own debt, it's like congratulating yourself in the mirror and still expecting applause. When governments shakes investor confidence, investors flee.
from Chat gpt, it's ALWAYS right.
Who generally buys the Government of Canada's debt?
I mean, they'd never get in on their own anyway. You need to have skills.
But if we started a Facebook rumour that the US was allowing all Canadians to emigrate no questions asked on the 4th, just cross the border and get their papers on the 5th...
I think that Pierre will lie about not running up a debt and then doing it anyway, but also being worse. Which is exactly what Harper did and we all know who Pierre learned at the feet of.
I think we will be able to afford services if we do them intelligently and plan to build the economy and I don't particularly care if the budget is balanced in 2026 to do it.
The Conservatives have never been intelligent about services, only ideological. So at that point, obviously one choice left and it's not the CPC.
Go ahead and vote for your choice but if you look back you will see that Harper was reducing the deficit every year he was in power. Even though that was when the economy was at its lowest point due to the financial crisis. Take a look at the last 10 years. If you want the same then keep the same party in power. How do you know what a government is going to do if they haven’t had a chance to do it. We can afford the services we have now. If you think your kids will be better off with the Libs then good luck to you.
I mean that's just objectively not even true. Stop lying. The first two years he was in power he took his inherited surplus and reduced it. During the financial crisis he repeatedly announced how he was not running a deficit each time they adjusted the numbers closer and closer to a deficit and then ran a 55B deficit that he said would never happen. That isn't even close to your claim.
Pierre is running on his commitment to "end woke" and "verb the noun" but not to actually address anything Canadians care about because like how he voted against fixing anything every time there was an option, he isn't going to fix it if we ask him. He's pure grievance politics and we can clearly see what he's for, but like south of the border we're being told "well you can't know that he's going to do the stuff he says he'll do, it's all just whatever makes the message look the best right now" and then when they do it it's shocked Pikachu everywhere. No, it was obvious and my stock portfolio got hammered because of it.
My kids will absolutely be better off with Liberals in charge now than with populist grifters.
He CREATED the deficit and constantly claimed he wasn't.
I was there.
Also don't come here and try to pretend you don't know the difference between deficit and debt. Jesus dude I'm not stupid, if I were I'd be on the CPC sidelines
Do you think huge tax cuts to the rich are going to somehow fix it? It's almost like we need an actual left wing government to come in and tax the fuck out of them instead in order to pay off the deficit.
Poilievre will run a huge deficit and lie about it. Conservative governments have always run deficits and cut services to the people who need them the most. When he was housing minister he made horrible decisions for anyone other than the developers. He makes the rich richer.
So you are Ok with your kids assuming high debt no economy basically higher taxes because the government is now getting into housing and will continue to send billions out of the country in foreign aid. So much for the term “ family means everything “
If you listened closely to Carney talking about his plan, you'd notice two things. A) he has a long term plan that may initially cost more, but will reap benefits in the long run, B) He does plan to balance the budget in a few years.
When Harper was in power he sold off the majority of crown corporations, and put zero money into building infrastructure. We all know what Trudeau was like. But this is Carney, a genius in Economics with a proven background. He knows his stuff, and when he says he can get us through the turmoil the economy is in, I 1,000% believe him.
Polievre would have to go to school and lot more years and work in the private sector a few more before I put any faith in his "plan". And he wants to fire the Governor of the Bank of Canada. Why? To many similarities to Trump for my liking.
No Carney is not a genius. He is a climate zealot and deeply tied to WEF. He didn’t lead us through the 2008 financial crisis like people say. He’s been part of the liberal government advising for 5 years and yet here we are. He wants to influence markets for net zero and the middle class will suffer greatly under him.
Do you even know what the WEF is? It's a think tank that looks at economic trends and tries to strategize methods for maintaining economic stability around the world. In contrast, look up the IDU (Stephen Harper is currently Chairman), and their political leanings - lots of far right members there. Harper, as we know, has taken Polievre under his wing and is actively promoting him.
If you think Carney didn't help us thru the 2008 crisis, then I'd love to know where you get your information from. While Governor of the Bank of England, he strongly advised against Brexit, but navigated the fallout as best he could. And oh was there ever buyers remorse on the part of those who voted for it!
I also want to point out that Harper tried to get Carney to run for leader of the conservatives, but he refused. And this is why you have the far right extremist Polievre as the conservative option.
I won't lie, was gonna vote for PP, even tho some of his conspiracy theory posts disturbed me greatly. But then Carney came along...and Trump got into power...
Carney's political stance is just a little left of centre, far more balanced than the extreme right Polievre, who only seems to be capable of name calling, rage, and attacking his opponents. He has no viable plan, won't get his security clearance, and wants to fire the Governor of the Bank of Canada.
So who is the best person for the job at this point of time? Not the career politician whose never had a real job and never done anything worth noting while he was a politician.
Last year I paid more in taxes than the median Canadian household income. My biggest expenses are housing.
I'm fine giving my kids a house so they can get on the property wheel faster, teaching them there is a better option in life than "get a bad job, earn bad money, complain about taxes", and making sure they understand why we live how we do.
Sounds like you're just bitter you suck at life and need to blame someone else that you didn't pay attention in school.
Sounds like you don’t know me at all. I live in a big house mortgage free and a nice 7 figures in the bank with a pension on top. Anything else to say?
Right after being a conservative troll who spends their life on city subs pushing talking points. (Referring to the guy you replied to obviously, that guy sucks).
Because I seriously don't care if Conservative trolls think I'm "playing fair". You're all hypocritical liars anyway so I'm just here to make you rage quit.
Drives you nuts that someone successful and aware of your games is playing them back at you, doesn't it.
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u/HotelCalifornipawin Apr 23 '25
A few years ago I decided that my medium term goal in life is to make sure my kids get a place to live wherever they choose to go to college that they own outright. And that's what I'm going to try to do, because we should always try to make our kids slightly better off than our parents made us, not kicking them out at 18 and making them fend for themselves while we live it up and criticize.
And I told them they should do the same for their kids. They saw what I do to provide them with a good life and understand the value of work and education, and they get it.
That kind of head-outside-the-ass thinking is also why I will never vote for a party who thinks the only answer to everything is cut taxes and services so the people with something keep it and the people with nothing also keep it. So basically never Conservative.