The National Telegraph - Wyatt Claypool - February 21, 2025


Carney think Canadians are REALLY stupid, look at his new slogan!

Hosted by
Wyatt Claypool
Mentioned
Mark Carney Justin Trudeau Pierre Poilievre Ruby Dalla Jagmeet Singh Barack Obama Flaherty Harper
Liberals will fall hard after their FAKE polling surge! Liberal RIGGING leadership race for Mark Carney - Ruby Dhalla disqualified!

Episode Stats


Length

8 minutes

Words per minute

152.84

Word count

1,294

Sentence count

72

Harmful content

Misogyny

1

sentences flagged

Toxicity

10

sentences flagged

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Mark Carney has a new campaign slogan, and it's actually quite simple: spend less, invest more. But it's a contradiction, which is exactly what every other politician has meant for the past 1,000 years. And it's bad for the Liberal Party of Canada.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 So Mark Carney has rolled out a new leadership campaign slogan, and I'm just going to be very straightforward about it. 0.98
00:00:07.760 You would have to be extremely dumb to actually buy into his shtick here. 0.94
00:00:13.780 He is running on a literal contradiction. 0.99
00:00:17.840 This is his new slogan.
00:00:20.040 Spend less, invest more.
00:00:23.320 While I agree that that is a good personal finance tip,
00:00:27.400 when you're running for government, that's not how it works.
00:00:32.200 Because governments are not supposed to invest money.
00:00:36.260 What he means by invest is what every other politician has meant by invest in the past 1,000 years.
00:00:44.340 It means spending taxpayer money on things the politician already wanted to do.
00:00:51.020 That is literally all this actually means.
00:00:54.180 Again, I don't know how anyone would fall for this and thinking,
00:00:59.220 wow, that guy is really fiscally conservative.
00:01:02.280 He's demonstrating that he wants to keep a steady hand on Canada's spending.
00:01:08.800 No, he's literally saying the exact opposite with that.
00:01:12.780 That he wants to save more, quote-unquote, by spending more of your money.
00:01:20.540 That is literally as deep as it goes.
00:01:22.540 Here is Mark Carney explaining.
00:01:24.700 It was just over a month ago that I entered the race for the liberal leadership.
00:01:29.580 And I did it because I felt that we needed to make big changes to get our economy back on track
00:01:36.140 and to build the strongest economy in the G7.
00:01:39.760 I thought we already had the strongest economy in the G7.
00:01:43.060 This is literally what he and the liberal government was saying for the past couple of years now.
00:01:48.320 Well, we have the fastest growth in the G7.
00:01:52.120 And that was all on the back of mass immigration.
00:01:54.540 So it wasn't shocking that we were growing.
00:01:56.840 We were literally growing the population extremely quickly,
00:02:00.540 which is impossible not to grow the GDP at the same time with.
00:02:04.880 But I'll let him finish here.
00:02:06.400 He was advising Trudeau and Freeland on fiscal policy.
00:02:28.720 So I don't know why they weren't doing this before if he was the one calling all the shots.
00:02:32.060 We manage government spending.
00:02:34.340 And the essence of this is to spend less and invest more.
00:02:40.360 That means reining in government spending so that Canada can invest more as a country.
00:02:46.700 No, unless he is proposing massive tax cuts, that's not actually what he means.
00:02:54.640 Because he never says individuals being able to invest more in themselves,
00:02:59.640 giving businesses their money back so they can grow,
00:03:03.160 giving individuals back so they can literally go and invest their own money.
00:03:06.920 No, he is talking about how we need to spend less,
00:03:11.400 which I don't even know what he means by that considering the contradiction.
00:03:14.140 Maybe that, you know, we need to roll back some of the unnecessary programs
00:03:21.220 because he's going to jam money into more infrastructure projects,
00:03:26.600 more random garbage that the government is going to do far less efficiently than the private sector.
00:03:33.520 I know this is what he means because where is his tax cut? 0.88
00:03:37.160 Where is he proposing a tax cut?
00:03:39.340 He's not.
00:03:39.940 But in fact, he's going along with the rest of the liberals
00:03:43.080 and trying to demonize Pierre Polyev as being some sort of stooge for millionaires and billionaires
00:03:49.100 and that he doesn't care about working class Canadians.
00:03:53.480 Carney has more in common with Jagmeet Singh than he does with Pierre Polyev.
00:03:58.680 But he's trying to hone in.
00:04:00.520 He's trying to kind of eat away at Pierre Polyev's territory
00:04:03.800 by using this fiscally conservative coded language.
00:04:09.260 Ooh, spend less.
00:04:10.700 Invest more.
00:04:11.920 But again, he means spend more money.
00:04:16.020 It's literally just meaning spend more money. 1.00
00:04:17.860 So you would have to be gormlessly stupid 0.99
00:04:19.600 to actually think that Mark Carney is proposing any changes. 0.99
00:04:22.940 I have said this before.
00:04:23.960 At the English language debates,
00:04:26.980 because less people will be watching in French
00:04:29.320 and it's complicated,
00:04:31.540 but a French debate tends to have a different strategy to it
00:04:34.500 because just Quebec as a political space is very different
00:04:38.140 than the rest of Anglo-Canada.
00:04:40.900 But anyways, in the English debate for the Liberal Party leadership
00:04:44.020 to replace Justin Trudeau,
00:04:46.360 Chrystia Freeland or Ruby Dalla,
00:04:48.740 either one of them,
00:04:49.740 but the script is a little bit different depending on who does it,
00:04:52.240 they need to call out Mark Carney.
00:04:54.820 And again, I'm a conservative,
00:04:56.120 so technically this is bad for the Liberal Party to do
00:04:58.560 because Mark Carney is supposedly their star candidate.
00:05:01.980 But Chrystia Freeland or Ruby should basically say,
00:05:05.200 you owe me or Chrystia an apology
00:05:08.300 because you've been telling Justin Trudeau and myself
00:05:11.620 what to do every step of the way now.
00:05:14.220 It all failed.
00:05:15.460 And then you threw Chrystia Freeland under the bus 0.93
00:05:18.980 for your own policies failing
00:05:20.920 that she tried to implement in the best way possible,
00:05:24.140 and now you're the change maker?
00:05:26.400 If anything, this guy is the most weaselly type
00:05:30.220 in corporate Canada and America.
00:05:34.920 The type of guy who basically pushes off
00:05:37.500 every bad decision he has onto somebody else
00:05:40.120 because he is in a more powerful position.
00:05:42.820 He never took any responsibility
00:05:46.040 for the inflationary issues that the UK had
00:05:49.300 after he was the governor of the Bank of England.
00:05:52.120 He pretends like he was the secret sauce
00:05:54.560 that made the 2008 market crash not so bad in Canada
00:05:57.900 when that was all Harper and Flaherty telling him what to do
00:06:01.000 and he just implemented what they wanted.
00:06:03.620 And then he never actually owns the fact
00:06:06.440 that he was stated as being Trudeau's financial advisor
00:06:12.300 and we had some of the worst inflation we've ever had
00:06:16.340 when he was advising.
00:06:18.040 He is a Keynesian economist at heart.
00:06:21.220 He believes that if the economy isn't working,
00:06:24.540 we just need to inject more money into it.
00:06:27.420 That is what he means by invest,
00:06:29.300 is injecting more money and creating artificial demand,
00:06:32.500 not lowering taxes and allowing more supply of goods to exist,
00:06:37.580 allowing the economy to expand
00:06:39.380 and ergo be able to drive more demand
00:06:43.000 because there is more supply to ask for.
00:06:46.220 No, we are going to simply just create
00:06:48.960 shovel-ready jobs and whatnot,
00:06:51.040 stimulus ideas that when implemented in the US
00:06:54.240 by Barack Obama,
00:06:55.760 cause the economy to go absolutely nowhere
00:06:58.180 because an economy is not built
00:07:00.680 by literally building bridges to nowhere.
00:07:03.840 You cannot build random infrastructure projects
00:07:06.920 and hope that that is going to mean
00:07:09.040 your economy stabilizes
00:07:10.440 because it's not something that increases productivity.
00:07:13.980 If you want your economy
00:07:15.640 to actually have more value in it,
00:07:18.060 you need to take more things out of the ground
00:07:20.000 or you need to build more stuff.
00:07:22.380 You can't invest in education
00:07:24.000 or invest in healthcare
00:07:25.740 or any of these other things
00:07:27.700 and actually hope to be a more productive country
00:07:30.200 because those are frills you get
00:07:32.520 when you're doing other things
00:07:34.000 like growing stuff or mining stuff
00:07:35.780 or extracting oil
00:07:36.900 or refining stuff or manufacturing.
00:07:39.400 If you're doing one of those things,
00:07:40.840 then the pie actually increases in size.
00:07:43.700 Everything that Mark Carney wants to do
00:07:45.760 is about taking the pie
00:07:47.500 that he assumes isn't going to grow any bigger
00:07:49.480 because he's a Keynesian socialist
00:07:51.480 and he's going to simply cut it up more
00:07:54.600 and try and redistribute the gains
00:07:56.640 to pretend we're all better off.
00:07:58.260 That is literally the game Mark Carney is playing
00:08:00.880 and like I stated before,
00:08:02.740 if you fall for this, 1.00
00:08:04.000 you're extremely stupid. 1.00
00:08:05.640 He is basically just telling you 1.00
00:08:07.340 he's going to do what Trudeau was already doing
00:08:10.320 but more.
00:08:11.720 He's going to do it more
00:08:12.820 and he's going to use red meat
00:08:15.100 fiscal conservative language
00:08:16.680 while doing the complete opposite.
00:08:19.880 Anyways, that's it for me today, guys.
00:08:22.980 Like the video, subscribe to the channel,
00:08:24.760 leave a comment and I'll see you guys next time.