A Nation in Decline — and Carney’s Grin Looms Over It
Episode Stats
Harmful content
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6
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Hate speech
3
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Summary
After yesterday's fiscal update from Mark Carney and Francois-Philippe Champagne, I am breathing a sigh of relief. I m feeling so much better this morning to know that these men are watching out for my tax dollars, and yours as well. Don t you feel better?
Transcript
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There may be some words of profanity in this video. Viewer discretion is advised.
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Hi, it's John and welcome to the channel 249 AM. It is Wednesday, April the 29th. A pleasure to have
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you here. Thank you so much. I don't do this at the beginning of my videos very often, but if you
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haven't subscribed to the channel yet, if you would please click on subscribe, I would really
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appreciate it. Well, I don't know about you, but boy, I am breathing a sigh of relief this morning
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after yesterday's fiscal update from Mark Carney and Francois-Philippe Champagne, our finance
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minister. I'm feeling so much better this morning to know that these men are watching out for my
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tax dollars and yours as well. Don't you feel better this morning? Let's just take a look at
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a couple of stories. Federal deficits smaller than expected in spring economic update, but with
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$37.5 billion in extra spending. The federal fiscal update showed that revenue projections increased,
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but the government has decided to spend most of that windfall. Let's just take a look at the
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numbers quickly. By the way, this will be a Francois-Philippe Champagne and Mark Carney
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free video. Prime Minister Mark Carney's spring fiscal update showed a smaller than projected
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budget shortfall of $66.9 billion. Tuesday's deficit figure is $11.4 billion below what was
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projected in the fall, with budget 2025 initially projecting $78.3 billion deficit. Don't you feel
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better? You know, it's just wonderful looking at these two men. Look at them. Look at them with
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those grins on their faces. Look at the great job they're doing for you, folks. Look at this.
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Carney's fiscal updates continues true to error approach to federal finances on the campaign trail.
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Carney promised to address Canada's fiscal woes, but taxes, debts and deficits will stay high for the next five years.
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And then we've got this one right here from Jesse Klein.
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Carney's fiscal update denies reality gravity to save the whales.
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The spring economic statement might as well have been lifted from a Star Trek script.
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And I'll put a link to all of these stories in the description below.
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You might remember that earlier this week, I did a video where I compared the Liberal Party and their followers to the Borg, the collective.
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You may want to watch that. More than 50,000 people have.
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Now, we've got more than $60 billion in deficit this year.
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Do you remember going back just a short time ago?
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This is back in 2015 when Justin Trudeau said he was going to run modest deficits.
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Trudeau says liberals plan three years of deficits to push infrastructure.
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They're doing the same thing now, rinse and repeat with the Liberal Party, but read this.
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The Liberal fiscal plan would see a modest short-term deficit of less than $10 billion
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for each of the first three years, and then a balanced budget by 2019-2020 fiscal year.
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Carney promised a balanced budget last year, and it's not going to happen anytime soon.
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What's happening here is like the frog in a pot analogy, but the difference here is
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that you're the taxpayer in the deficit pot and Kearney and Champagne are turning up the heat
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and the deficit goes up, it goes up, it goes up and pretty soon there's no time for you to jump
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out and it is over. So what they're doing here, okay, what you need to understand is that,
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look at their faces, look how happy they are with this. Let me bring this up on the screen.
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They're just so happy with this fiscal update, folks. Look at this. Look at what their eat
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shit grins here. Carney's doing just fine. If you want to know how he's doing, go to Moose on the
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Loose. Of course, Champagne's wife's working on the $90 billion choo-choo to nowhere out east.
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And she's going to be raking in the cash and no doubt he will be as well. But what they're
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selling you right here, and what this is, this budget is, it's a giant pile of shit.
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And here's the thing, what they're trying to sell you is a slightly smaller pile
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of shit. And we've mentioned here many times before that Carney plays accounting tricks.
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He's done it with the military. The 2% for NATO, that's just accounting tricks, moving one
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budget to another place to make it look like he's actually doing something. And he's doing
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the same thing here. He's spending more money, but saying he's dropping the deficit.
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What Mr. Carney is talking about is taking tens of billions of dollars of new spending off the books,
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hiding it from Canadians so that he can artificially lower the deficits that people see reported.
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But that doesn't mean that Canadians won't have to pay the price.
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In fact, every single dollar the government spends is paid for by Canadian taxpayers,
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either through taxes today or inflation and debt tomorrow.
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And the more deficit spending, the more interest you have to pay,
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and the less you can afford the things you actually need in this country.
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Now, here is a conservative in a committee meeting doing some good work.
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Now, watch this and enjoy it because you're not going to see much of this anymore
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because the liberals now control all the committees
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and they can bury anything they want since they stole the majority.
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Here is a conservative talking about servicing the debt.
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and that projection is going to increase in 2030 to $82.4 billion.
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Every dollar spent on debt is a dollar that is not spent elsewhere.
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If you haven't heard this before, this will shock you.
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we spend more servicing our debt than we do on health care in this country, and it's going to
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get worse every year. In the same meeting, the interim parliamentary budget officer, Jason Jacques,
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with a stunned look on his face talking about this, listened to what he had to say.
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Right? These are, I don't know, I think I used the words in French, which the translators
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probably got really well like stupefying shocking right this is not it's not a it's it's not it's not
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a it's not a funny fiscal outlook it's it's a really serious fiscal outlook it's and we don't
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lightly use the word unsustainable right unsustainable means you don't have the option
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is saying, maybe I'll wait a couple of years, I'll see how things go. It means if you don't
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change, this is done, right? So it's very serious. Stupefying and shocking, talking about
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debts and deficit. If we don't change, this is done. And the government's changing. It's just
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getting worse, folks. Let me show you these two guys again with their eat shit grins,
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gaslighting Canadians that all is just fine. Look at those faces, folks.
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If you like this video, please give it a thumbs up, subscribe to the channel,
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ring the bell for notifications. I'll see you in the next one.