The average Canadian CEO earns in one day what the average worker in Canada makes in an entire year. Jagmeet Singh is a socialist who thinks other people are greedy, even though he is in the top 1% of Canadian earners.
00:00:45.980Inflation is created at the Bank of Canada and through government spending and taxation.
00:00:51.880Jagmeet Singh is completely economically illiterate, like I said a very long time ago in a different video.
00:00:57.980The idea that somehow Jagmeet Singh is a compassionate and generous person compared to Loblaw's CEO, Galen Weston, is an absurdity.
00:01:06.300Galen Weston might make $14 million, but what you earn does not determine if you are greedy or not.
00:01:12.680Socialists are some of the greediest people on the planet.
00:01:15.300They also tend to not be the wealthiest because they're socialists and they're not very good with numbers.
00:01:20.140Galen Weston and any other CEO in Canada actually creates jobs.
00:01:24.560They are experts in managing companies and through their management, they help expand the productive capacity of that company so that the company can make more money while keeping prices low on the products, hiring more employees.
00:01:36.500And as those employees work for the longer, they get compensated more.
00:01:39.560It's how the economy works, but I know I have to explain that to Jagmeet Singh.
00:01:45.360My audience, you guys clearly know this.
00:01:47.980But Jagmeet Singh is accusing other people of being greedy while, assumably, he is the hero in the situation who's definitely not greedy.
00:01:55.740Well, Jagmeet Singh is making over $220,000 a year to do nothing.
00:02:01.760Jagmeet Singh has only shaved off jobs from the economy.
00:02:05.140Any government-created jobs that him and Justin Trudeau have made are always at the expense of jobs in the private sector.
00:02:11.360It actually is, in fact, Jagmeet Singh, the man who flexes his gold Rolex watches and bespoke suits and social media, who is the real greedy person.
00:02:20.200Jagmeet Singh is the person who deeply cares how much money you make and wants to get as much of that money as possible if you make over a specific number that he doesn't like.
00:02:29.580Obviously, Jagmeet Singh isn't rich, even though he is in the top 1% of Canadian earners.
00:02:34.760He's a deeply nice and compassionate man because he hates people who make more money than he does.
00:03:05.380They're allowed to earn their money how they want.
00:03:08.140But because Jagmeet Singh is a socialist at heart, he thinks that it is somehow unethical that people negotiate for their own wages.
00:03:17.800People sell their labor to someone who owns a business and that person through that person's labor and their capital is able to make a profit at the end of the day.
00:03:26.780To Jagmeet Singh's religious belief in socialism, this is a deeply evil situation because fundamentally he hates Canada's market economy that has created so much wealth.
00:03:37.980He is the type of guy like Justin Trudeau who puts out all these war messages to Fidel Castro after he passes away because supposedly he was such a great and kind man despite bankrupting his nation and lowering their actual standard of living severely to the point where people still drive around old jalopies from the 1950s on that island.