The National Telegraph - Wyatt Claypool - May 11, 2024


Justin Trudeau gaslights Canadians on the terrible economy


Episode Stats


Length

10 minutes

Words per minute

194.98662

Word count

1,968

Sentence count

124

Harmful content

Hate speech

5

sentences flagged


Summary

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

Justin Trudeau tries to convince Canadians that our terrible economy is actually great. I don t even know why he brings up the economy, probably best to just shut up about it, pretend he doesn't even know what an economy is like he used to.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Well, guys, I'm back from the crazy membership selling blitz I had to do for my race in Calgary Signal Hill here.
00:00:06.740 I get to rest easy and you guys get to hear me not talk about it as much because I can't sell memberships anymore.
00:00:11.960 So it doesn't really matter.
00:00:13.380 So let's just get into the news today and talk about Justin Trudeau trying to gaslight Canadians into thinking our terrible economy is actually great.
00:00:22.060 I don't even know why he brings up the economy.
00:00:24.100 Probably best to just shut up about it, pretend he doesn't even know what an economy is like he used to.
00:00:28.320 But now the liberals are rolling out videos like this, trying to make Justin Trudeau seem relatable.
00:00:33.760 I always hate whenever they like do the behind the scenes footage of like them miking up Justin Trudeau.
00:00:38.340 Like this is a this is like we're going to clear away all the polish. 1.00
00:00:42.700 We're just going to show you Justin Trudeau and his element.
00:00:45.240 I hate it so much.
00:00:46.640 But look at this.
00:00:47.800 We're actually the third largest economy in the world after the U.S. and Germany with a triple A rating.
00:00:55.060 And the IMF just announced that its projections for 2025 has Canada as the top growth rate in the G7.
00:01:02.880 Our macro situation is really, really good.
00:01:07.660 I'm going to suggest to you guys that Justin Trudeau here might be lying.
00:01:12.840 We are not the top growth country in the G7 only by the mere fact that we bring in 500,000 new permanent residents per year plus temporary foreign workers and students.
00:01:23.640 That's how we get somewhat of high growth.
00:01:26.180 But if you look at our per capita income growth for Canadians, it's horrific.
00:01:30.760 It's been we literally in Alberta, a report just came out saying that Albertans right now per capita are making the same amount of money they were back in 2004.
00:01:40.120 And it's not because the economy had stagnated since 2004 and we hadn't seen growth in 10 years.
00:01:45.040 No, no, no.
00:01:45.720 We saw growth.
00:01:46.420 By 2015, when Harper's last year in office was at hand, we were making way more money than we were in 2004.
00:01:54.120 And somehow another nine years after that, Trudeau has put us in the floor.
00:01:58.800 And now we are somehow making less money than we were more than two decades ago.
00:02:03.860 That is absolutely insane.
00:02:05.360 And the idea is like, oh, we're actually the third biggest economy behind the U.S. and Germany.
00:02:09.220 I, yeah, sure, dude, sure.
00:02:12.120 I guess that may be like per capita economic growth past a certain amount of population.
00:02:17.820 We're not like China, India are bigger economies than us.
00:02:21.160 And if we go by per capita, obviously places like Luxembourg and the UK and France probably have still higher GDP per capita than Canada does.
00:02:31.220 But Trudeau is basically trying to trick people into thinking everything's actually super fine and dandy because we found this fringe statistic that makes our GDP look somewhat good.
00:02:41.660 This is why people are emigrating from the country, Canadian citizens, while we're importing more new people. 0.99
00:02:48.520 It's not because we're such a great guns economy that people just can't handle it. 0.58
00:02:52.160 They're moving to the U.S. because the U.S. economy is far better.
00:02:55.020 But then the question becomes, what do we do with that best fiscal position in the world right now?
00:03:04.140 What do we do with all this massive prosperity that Justin Trudeau created?
00:03:08.780 I don't even know what to do with all the millions I have.
00:03:12.220 Guys, apparently we're all also millionaires because of the carbon tax rebate.
00:03:15.800 It's making us so much money.
00:03:17.400 You and I, we're all millionaires right now.
00:03:19.900 It's so presumptuous that he's just sitting there in this interview where these two guys,
00:03:24.500 I like how they're filming it so you can see the wall of brick behind them.
00:03:28.740 It's so pretentious.
00:03:30.120 I hate pretentious political communication stuff like this where it's like, oh, they're just two guys sitting down,
00:03:36.700 not wearing their jackets, sleeves rolled up.
00:03:39.100 You can see the bricks behind us.
00:03:40.880 It's just sad.
00:03:42.640 But it's so presumptuous.
00:03:44.480 He's just saying, what are we going to do with all this wealth we have being in the best financial position in the world?
00:03:50.540 We're not.
00:03:51.880 We're not.
00:03:52.560 We say, okay, we're going to pay down some of our debt and make it even better than already the best.
00:03:59.860 Or we're going to take that money and we're going to invest it in things that are going to help Canadians in this difficult time.
00:04:05.880 Things like China.
00:04:06.620 Sorry, what is he even saying there?
00:04:08.800 Things that are going to help Canadians and make it even better than already the best.
00:04:13.240 Or we say, okay, we're going to pay down some of our debt and make it even better than already the best.
00:04:20.280 Or we're going to take that money and we're going to invest it in things that are going to help Canadians in this difficult time.
00:04:25.740 See, this is what I'm so confused by in this video.
00:04:28.600 He's saying like he's portraying paying down the debt as a bad thing.
00:04:33.600 And they've actually been making a lot of noise about the fact that, oh, hey, we reduced our debt to GDP per capita or whatever.
00:04:40.240 Or our deficit per like to GDP is way like way down.
00:04:45.760 It's like, yeah, because you're taxing people way more.
00:04:48.120 But the idea is like we're already the best.
00:04:50.460 So we don't even have to worry about the financial health of the country.
00:04:53.760 We're just going to tax high income earners even more to hand out their wealth to people in these bloated programs that doesn't help anyone because they're inefficient.
00:05:02.380 They don't get people good quality service and they cost the taxpayer way too much money to deliver things like child care, things like dental care for seniors, things like drawing in Volkswagen and Stellantis and Honda and Northvolt and E1 Moly and Dow.
00:05:20.220 Drawing in, which equals massive taxpayer subsidies and building those jobs for future generations.
00:05:27.820 This is the decision that we've taken.
00:05:29.840 So this is what we call in trade gaslighting.
00:05:34.060 He is merely simply just saying things, hoping that if he repeats it enough, and there's enough people in the legacy media saying that what's disinformation to say that we're not the fastest GDP growth country on the planet or whatever, that you're somehow just buying into misinformation, I guess, in the G7.
00:05:51.220 That's basically Frank Graves' eco's poll on disinformation.
00:05:54.460 One of his things gauging whether or not you believe in disinformation was saying if you don't believe that Canada is the fastest growing economy in the G7, that's considered disinformation.
00:06:04.420 And this is what Justin Trudeau is basically going on.
00:06:07.280 The idea is he'll just say that we're the fastest growing in the G7, even though it's artificial growth.
00:06:11.840 It's merely because if you stick warm bodies in a geography, that means the GDP and that geography went up because each individual has some amount of money on them that they add to the economy.
00:06:22.160 But it doesn't mean you're adding financial health to the economy.
00:06:25.440 We don't want to be China. 1.00
00:06:26.660 We don't want to be India. 1.00
00:06:27.720 We don't want to be Bangladesh or Cambodia or Vietnam where, yes, they have growing economies, maybe even faster growing economies in terms of GDP.
00:06:37.680 But do we want just simply raw, bloated growth based a lot on government finance, like government spending?
00:06:45.900 Or do we want an economy where productivity is going up and that's why the GDP is going up?
00:06:50.820 They just released their April jobs report, and I think it was like 190,000 jobs were created, might have been about 200,000.
00:06:57.820 But when you actually look at it, it was like more than half of them were people just working part-time jobs.
00:07:02.500 And a lot of those, I guarantee, are second and third jobs for people who can't find full employment elsewhere.
00:07:08.240 And then on top of that, I think it was 90,000 were part-time.
00:07:12.220 And then it was like another 80,000 or 60,000 were public sector jobs.
00:07:17.900 It's just fake jobs.
00:07:18.920 And even the private sector jobs aren't real jobs because the Honda deal that the Liberals and Doug Ford, a fake conservative in Ontario, are making is that they're just handing Honda and these other EV companies money so that they'll start a factory in Canada.
00:07:34.380 It's a fake job, but that gets counted as a private sector job, even though two-thirds of that job or one-third of that job is subsidized by taxpayers.
00:07:42.760 It's a factory that would have been built anywhere else but Canada unless the government pitched in billions of dollars to them.
00:07:49.720 So because we gave these companies billions, now suddenly they'll show up and we pretend that we've just created growth, even though by definition, if it wasn't efficient to put the job here in the first place,
00:08:01.460 giving taxpayer money to it just means that we are basically losing money for this job to be created.
00:08:06.660 No productivity is being made if you're having to literally pay the company to create the job in the first place.
00:08:12.140 People aren't even buying EVs.
00:08:13.580 You can barely drive EVs in most parts of Canada.
00:08:16.180 Alberta, like it's a bit of a problem when I drive down the road when it's super cold outside.
00:08:21.120 And either you just can notice that there's like no EVs on the road when usually you notice a few during the summer,
00:08:25.960 or they're on the side of the road dead because it got way too cold to be able to start up the engine again
00:08:31.140 because an electric car gets its power drained really fast in the winter.
00:08:36.020 Regardless.
00:08:37.340 Ugh.
00:08:38.240 Yeah, this is just gaslighting.
00:08:39.760 Trudeau is basically trying to happy talk his way through the shadow of the dark valley that he is in, the shadow of the valley he is in.
00:08:48.220 It's not going to work.
00:08:49.260 His polling numbers suck.
00:08:50.380 I just saw a report come out from the National Post that both the MVP and the Liberals' combined vote is at the lowest stage it's ever been in more than 50 years.
00:08:59.360 So in 50 years, if you combine their two votes, the combined vote has never been as low in the polling as it currently is now.
00:09:05.980 Great to see.
00:09:07.240 And that's pretty much it for me, guys, today.
00:09:09.560 So you can donate to the TNT Legal Fund in the description below.
00:09:13.000 It's the Give, Send, Go link.
00:09:14.540 Go check that out.
00:09:15.540 Donate to us and it helps us deal with the lawsuit we're currently in with a Chinese billionaire developer suing us over complete nonsense.
00:09:22.760 $29,000 later, we're still fighting him in court.
00:09:25.680 So if you donate anything to that, it really helps us out.
00:09:28.600 And, of course, I'm running in Calgary Signal Hill for the Conservative nomination, but only people who already have Conservative memberships can vote for me.
00:09:35.400 I know a lot of you, actually, who watch the show in my area signed up.
00:09:38.660 Really nice that you guys did that.
00:09:40.480 The amount of support we got was quite overwhelming.
00:09:43.100 And I remember, I think I heard a couple of the other candidates' campaigns are really mad at us because they assumed that I'm a 24-year-old kid, so obviously I'm going to lose.
00:09:51.920 And now, because we actually had good membership sales, they're, like, kind of ticked at us because they assumed that I was just going to be some also-ran they wouldn't have to worry about.
00:09:59.440 But hopefully they do have to worry about me.
00:10:01.760 Anyways, that should be it for me today, guys.
00:10:04.420 I have to go get a haircut.