The National Telegraph - Wyatt Claypool - Liberals rely on the ignorance of voters to win

00:00:00.480 Hey guys, Wyatt Claypool here. How delusional do voters need to be in Canada to keep re-electing

00:00:07.280 the Liberals? Well, I'm going to give you an example today. This isn't going to be a very

00:00:12.640 long video. I know I'm not covering anything substantially news-based, but I found this

00:00:18.160 annoying enough that I wanted to talk about it. Check out this post from this person called

00:00:23.520 Syntheticus Humanitas. They say Canada is poorer today relative to our peers than 20 years ago

00:00:31.040 because we utterly fail to have a tech sector. Resource extraction is third world economics.

00:00:37.040 We put too many eggs in real estate and the effing oil sands and not nothing tech. Now, my goodness,

00:00:45.360 this is how the Liberals are able to get re-elected. People who truly don't just not understand

00:00:52.640 economics, they don't want to understand economics, and they will vote for whoever says delusional

00:00:58.400 things like, we're going to invest in our tech sector while not actually proposing to cut corporate

00:01:03.600 taxes. I need to read you a bit of a thread of a back and forth between this person and another

00:01:10.880 person online. Both these people, I don't know who they are in real life, which I think is a good

00:01:16.560 example to give, so I'm not picking on anyone I know. I'm just showing two people interacting,

00:01:22.640 and demonstrating just how lacking in knowledge some people are, who sound off about politics

00:01:30.080 every single day. And I can tell you, this person is constantly talking about every little political

00:01:35.360 development that happens around the country, and this is the kind of perspective they have.

00:01:39.840 We need to invest in the tech sector. So this person responded to them, Matthew Handelson, who says,

00:01:47.200 one, if resource extraction is third world economics, why is Alberta so disproportionately

00:01:53.280 wealthier than every other province? Good point. Two, who is the egg putter that failed to put the

00:02:00.080 eggs into tech? And I think that is also a good point. This person also, I've seen them basically

00:02:05.280 attacking conservatives, not this Matthew person, but this syntheticist person saying that conservatives are

00:02:12.160 delusional for calling things in Canada socialist. Canada's not a socialist country, and you're silly

00:02:17.440 for even describing anything as socialistic, even though this person is talking in terms of like,

00:02:23.200 well, we put all of our eggs into the wrong basket. We, the market puts the eggs into the basket.

00:02:29.440 We don't do anything. The government doesn't do anything. There's no, as Matthew says, there's no

00:02:34.320 magical egg putter who failed to put the eggs into tech. The fact there was an investment into tech

00:02:40.480 means that there was no actual case for putting things into tech. And this isn't from like the

00:02:45.920 liberal perspective, whenever a pipeline project or mining project falls through and they say,

00:02:50.880 see, there wasn't a business case. No, both in the case of tech and the case of energy. The reason

00:02:57.760 why there is no business case is because the government sucks. I hate when the left pretends that

00:03:02.560 no business case means that there's no conceivable way an energy project or mineral project could have

00:03:08.160 gone forward when it's just the fact that like the government's policy is so bad that ended up

00:03:13.360 killing the project. But anyways, I'll go back to their post and say, on their third point, they say,

00:03:20.960 why do you think the US is so dominant in tech? Please reflect on this. And this person got back to him

00:03:28.080 and said, the overwhelming majority of countries dependent on resource extraction are developing nations,

00:03:34.080 not advanced first world economies. It's in no way a coincidence that Canada and Australia have the

00:03:41.040 worst productivity in the developed world. And again, are there economies that mostly just deal in raw

00:03:49.760 resources? Are those typically developing countries, third world countries? Yes. Canada doesn't mostly deal

00:03:58.640 in resource extraction. We do a lot of it. But also, the sorts of things that we do tend to require

00:04:05.280 a lot more technology. This isn't us, you know, harvesting coconuts. We're not harvesting like

00:04:11.920 agricultural materials to then send to other countries, and then they're importing in some

00:04:17.760 finished goods to us. We do a decent amount of manufacturing. We do a lot of service-based business.

00:04:25.440 A lot of we have a big service economy. And yeah, oil and gas, softwood, lumber, those sorts of things

00:04:31.360 are also part of it. We also do agriculture. But the whole point is usually that a developing economy

00:04:36.720 is one where there really is only like one, two or three things that the entire economy does. And when

00:04:42.800 you go to like Africa, those truly are economies outside of countries like Nigeria or South Africa.

00:04:49.520 A lot of those economies are like two different agricultural products. And that's it. Or just gas.

00:04:56.960 And that's it in the case of a country like Equatorial Guinea. There is nothing more than that one thing.

00:05:03.920 But then we have Matthew Handelsson getting back and saying, this is so hilariously ignorant. Qatar 0.83

00:05:10.480 and the UAE are solely rich because of their natural resources. Norway's sovereign wealth fund is solely

00:05:16.400 funded by oil. A great example of a poor country with tons of oil is Venezuela. Remind me what

00:05:21.840 economic system they tried? And this person got back to them again and said, Qatar and the UAE have

00:05:27.840 populations less than 10 million each in land areas that are smaller than PEI. And Matthew Handelsson says,

00:05:35.360 LMAO, so Canadians, Canada's poor because we have big populations that have a lot of land.

00:05:41.600 Genuinely just give up. This is so sad. You're actually getting destroyed.

00:05:45.760 And then the Syntheticus person says, Canada isn't poor. Our GDP per capita is 65,000 a year,

00:05:52.480 which it isn't. I've looked it up. Our per capita income right now is, or no, per capita GDP is 57,000

00:06:00.320 a year. And then when you actually go to median income, it's like 43,000. The economy isn't doing

00:06:05.680 great. And by the way, per capita GDP has been going down quarter after quarter for about six,

00:06:11.840 seven or eight quarters. I've lost track. But they go on to say, but the gap between Canada

00:06:17.520 and the US has widened. And that has occurred because Canada has utterly failed to produce

00:06:22.400 startups and value added industries. And I followed this up because I didn't want to have to wade into

00:06:28.080 it in detail. I said, you're so off base, I'm not even sure you're on the same planet anymore.

00:06:33.600 This is again, not to be a broken record, why the Liberals can win elections. I've also seen this

00:06:39.360 person who claimed that they were previously an NDP supporter say that they weren't going to vote

00:06:44.400 NDP anymore because the NDP said they were going to vote against the throne speech.

00:06:48.400 So they said in this election, they voted Liberal to prevent the Conservatives from getting in.

00:06:52.800 And now that the NDP are doing their jobs in theory and opposing the aspects of the Liberal

00:06:58.000 agenda that they don't like, well, this shows why I can't vote NDP and I'm going to vote Liberal

00:07:02.320 next time. So do everything to capitulate super hard to the Liberals or I'm going to vote Liberal

00:07:08.160 again. You can't make it up at all. But yeah, these people don't understand the value in cutting

00:07:18.160 wasteful spending, in cutting taxes, in cutting regulations. There are people out there and I've

00:07:23.440 done thousands and thousands of doors knocked, not just in my home riding of Calgary Signal Hill.

00:07:30.640 I've knocked on doors in other parts of Calgary. I've knocked on doors in Abbotsford, Vancouver.

00:07:37.280 I've door knocked in Port Moody. I've done it in NIMO. I've done it in Ottawa. I've done it in Kitchener.

00:07:43.840 I talk to people all over the country, typically voting Liberal, not to be rude, who actually just

00:07:50.160 think, well, the government, we should just be doing more tech. We should just be diversifying. I've had

00:07:58.720 university professors in economics classes or policy studies classes. It's not political science,

00:08:05.200 it's policy studies, so it's supposed to be more serious than political science. And they'll say,

00:08:09.600 well, see, the problem with Alberta is that we rely too much on oil and gas and we need to diversify

00:08:14.720 into the education sector. Education sector, that's what we call a frill. If you're doing things right,

00:08:22.400 you can put more money into education. What are you going to do? Try and create educational tourism?

00:08:27.840 That's not an industry. Tech, even tech, is kind of a frill. You're only ever going to have a big

00:08:34.960 tech industry when you get everything else right first. The reason why California can have a tech

00:08:40.720 sector is just because it started up before that economy started becoming overtaxed and regulated.

00:08:46.000 Even our oil and gas industry wouldn't have been able to get off the ground now if they had to start

00:08:51.120 up in the tax and regulatory environment that we currently have. It needs to be an absolute top-down

00:08:59.760 approach from government. When I say top-down, I don't mean in terms of they need to be taking lead.

00:09:04.480 I mean they need to be reducing taxes and regulations if they're going to expect everyone

00:09:09.120 else to actually be able to accomplish things. We have people out there, again, voters at the door

00:09:13.840 thinking, well, let's just put more into technology. Why are we so reliant on oil and gas? Because

00:09:18.480 everything else sucks. That's why. There's a reason why oil and gas is so, like, we are so reliant on it

00:09:25.680 at the moment and it's because everything else can't get off the ground because of the current

00:09:29.680 tax and regulatory systems. But you get people like this guy who just thinks that, well,

00:09:36.480 basically it's just because we just haven't selected the right industries to invest in.

00:09:41.040 Not that your industries that you invest in are kind of limited to how good the economy is to operate

00:09:46.320 in in the first place. So this is also my call to the conservatives. I hope that they run next time,

00:09:52.160 in the next election, on a policy to reduce taxes across the board every bracket and corporate taxes

00:09:59.040 by 20%. That is actually what is required in order to get the economy back. Reduce taxes at least 20%,

00:10:06.160 if not 30%, and then slash regulations. You could probably say, let's reduce the amount of text

00:10:12.560 in regulations by 30%. Simplifying regulations, eliminating stupid regulations, codes, all these

00:10:19.280 other rules you have to follow that don't actually make the economy better, don't make people's lives

00:10:23.840 better, but all just add to bloat and add to more cost for companies having to follow ridiculously

00:10:30.800 specific rules. Anyways, so this should be it for me in this video today, guys, falling over myself.

00:10:37.760 Everything can't be as substantial. Hopefully you don't mind me going over discussions like this.

00:10:43.360 Again, it's not news-based, but every once in a while I see something and I'm like,

00:10:46.560 that is just defining a bad mentality I see all the time in Canadian politics. So if that synthetic

00:10:53.760 person did anything for us, they have distilled the economically delusional voter who doesn't

00:10:59.920 actually understand the value in lowering taxes and regulations. I know people, educated people,

00:11:06.560 who will say that conservatives are simplistic by thinking that we need to cut taxes and regulations,

00:11:11.440 get the economy back on track. Well, it's worth it. It's worth a college try. We've been doing the

00:11:17.600 opposite for 10 years. So how about we go in the other direction and see how that works? Oh, that's

00:11:23.520 simplistic. Okay, well, it works. So what are you talking about? Anyways, so guys, make sure to like

00:11:30.480 this video, subscribe to the channel if you're not yet a subscriber, and leave a comment if you can.

00:11:34.800 I'll see you guys next time.

The National Telegraph - Wyatt Claypool - June 08, 2025

Liberals rely on the ignorance of voters to win

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