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I send every boomer I know this article. It’s a start.
nationalpost.com/opinion/pet…
Joe retweeted
🇨🇦 Canadians Didn’t Fall Behind. Policy Put Them Behind. And Now We’re Paying for It. Literally.
1/
Canada is paying $70 billion per year in interest on the federal debt.
Not paying the debt down.
Just servicing it.
Just the interest.
2/
To put that in perspective:
You would need a 15% GST just to raise that money.
That would double your GST bill.
And that still wouldn’t fund hospitals, schools, or pensions.
3/
And this part is incredible:
The budget itself admits that if Canada had matched U.S. productivity since 2017,
the median family would have $11,000 more income today.
4/
So it’s right there in writing:
The past decade of economic policy failed.
Not a debate.
Not a partisan take.
The government is openly acknowledging it.
5/
We didn’t grow our economy.
We borrowed our lifestyle.
And now the bill has arrived.
With interest.
$70 billion per year.
#cdnpoli #cdnecon #Budget #CostOfLiving #DebtCrisis #Canada
James Moore "$53 billion per year is what we're paying to service the debt. In the budget that was just tabled today it's now over $70 billion."
"Again, to put that number in perspective, if as a revenue stream you would have to have a 15% GST in this country to draw in the revenue necessary just to pay for the cost of servicing our debt."
"And then there's this admission, like in the budget document itself, it says this quote, if Canada's productivity growth had matched the United States from 2017 to 2023, the median income of a family of one child would be nearly 11, $11,000 higher."
"Like just explicitly in the budget saying that the last 10 years have failed."
"And that's text from a budget being delivered by Francois Philippe Champagne, who is a key minister in that government." @honjamesmoore @VassKapelosShow
Joe retweeted
Carney is plugging the Canada Growth Fund - a public fund that financed a Brookfield/Entropy collaboration to get them into the carbon credit selling scheme.
CGF is supposed to be a $15 billion independent fund, operating at arm’s length from the Government of Canada.
It nominates one member of CGF to Entropy’s Board of Directors to sit alongside Brookfield representatives.
That sound like something which is “at arm’s length” to you?
Once all the financial commitments are met, Brookfield will be its largest shareholder and the controlling partner.
They think we are stupid.
‘Some critics’. Ffs these people are shameless.
With Trump and Vance in power, many pro-natalists believe this is the moment to jump-start baby-making. But some critics see pro-natalism as part of an insidious project to create a whiter America economist.com/1843/2025/11/0…
Really key lesson in here on Good Faith v. Bad Faith dispositions and how this is revealed in our mannerisms.
There is an entire class of people who are completely and wholly oversocialized.
Their entire personas, conversational thread choices, expressions are all filtered through how they understand themselves to be perceived by an ever present omnipotent sentry representing the dominant social order.
And their whole purpose is to passively and coercively drag you into compliance. Hallmark feature of the longhouse nanny state.
Sounds like not disclosing recipients of ‘foreign aid’ because ‘security’ reasons.
In other words, how dare you notice?
Spot on.
Interviewer lady has effectively become a pretty solid meme. Good on her.
The thing you have to remember about this woman and those like her is that she genuinely doesn’t know that anyone disagrees with her basic worldview. She doesn’t even see it as a worldview. It’s just the obvious truth.
Of course she knows abstractly that half the country voted for Trump. But those aren’t people. Those are cartoon characters. They’re either fat slobbering rednecks in klan hoods, or mustache-twirling robber barons manipulating the rednecks for profit. Her mental models of them are less complex than her mental model of a squirrel. Anyone she might actually sit down and talk to is, of course, a person, and therefore agrees with The Obvious Truth. It is inconceivable to her that anyone capable of being a pleasant dinner party guest would not share her basic beliefs and values.
She wasn’t trying to do a gotcha or extract a pledge of fealty. She was certain that Sydney Sweeney is a person, and therefore only got mixed up in the whole jeans/genes fiasco by mistake. She was trying to do Sydney a favor by giving her a chance to clarify that she is in fact a human being who agrees with the things all real people agree with.
Joe retweeted
Here’s what I think will happen in NYC under Mahdami.
The free buses and government grocery stores won’t happen, they never do. They sound good during campaigns, but collapse under basic math. You can’t run a city on ideas that cost billions and produce no revenue.
The only way to make housing affordable is to build more housing. The free market lowers prices, not regulation. Every time politicians try to control rent or force affordability by decree, developers stop building and landlords stop maintaining. Supply dries up, the quality collapses, and the few properties that remain skyrocket in price.
Once landlords can’t make a profit, they sell, lose properties, or walk away. Eventually, the government takes over.
Taxes will rise to pay for the promises, and the middle class will be the ones shouldering the burden. The rich will relocate, the poor will depend on subsidies, and the productive class will be squeezed from both sides.
Thriving businesses are the foundation of any thriving city. When they leave, everything else follows, jobs, schools, grocery stores, stability. Chicago already proved this. Boeing, McDonald’s, Caterpillar, Citadel, nearly 70k jobs, all gone. Now they’re facing billion-dollar deficits, half empty schools and neighborhoods without grocery stores.
I saw someone who lived in a rent-controlled apartment in California put it perfectly, he said his landlord could no longer afford maintenance so the pool was filled with dirt, the floors had soft spots, and the foundation ended up cracking. That’s what overregulation does, it destroys quality.
People who voted for this will eventually feel the pain but they won’t blame the policies or the politicians, they’ll blame the rich for leaving.
This conversation is always difficult because most people simply don’t understand market dynamics or incentives. In a free society, people act in their own self-interest. If you remove profit and reward dependency, productivity dies and the city with it.
If you think things are expensive now, just wait until they’re “free.”
Like 4 of us do. Give us some credit.
I don't think Canadians realize just how much money we are wasting paying interest on our debt.
The federal government alone is spending $55.6 BILLION of your tax dollars every year just on interest.
That's more than we collect in GST. That's more than we spend on health care transfers.
And now the Liberal government wants to borrow $322 billion more?
Insane.
Solid ROI
Graeme Gordon: Canadian governments spent $158 billion on green economy but created only 68,000 jobs or $2.32 million per position in 2024 dollars: report
thehub.ca/2025/10/31/canadia…
This one wins today.
Global Affairs claims it’s “unsafe” to disclose how much taxpayer money is being used to promote gender ideology and anti-racism abroad.
rebelne.ws/3JLENd5
Spoiler alert - he is very much the establishment.
Chunk is yet again asking you all to remember he has absolute shit for brains.
Watching the gravy train pass you by and knowing that we’re too far gone to worry about ‘fixing anything’ is pretty much it. Get while the getting is good, then exit stage left.
Representative democracy in this system is an illusion - MP’s aren’t swearing an oath to you, the Canadian voter. Remember that.
Joe retweeted
🇨🇦: The Budget Number Nobody Noticed
1/ The Canadian budget looks fine at first glance — a $78 billion deficit and promises to “cut spending.”
But buried in the fine print is a number that changes everything. 👇
2/ Ottawa says it will invest $280 billion in new projects over 5 years.
But on a cash basis — the real money we borrow — that’s actually $450 billion.
That’s a $170 billion gap that quietly raises our future debt.
3/ The trick? The government counts projects over decades, not when the cash goes out.
So the official “deficit” looks smaller, even though we’ll have to borrow the full amount soon.
4/ What it means: taxpayers will be paying more interest every year.
Debt charges are already set to rise from $55 billion → $76 billion by 2030 — more than Ottawa spends on health transfers. 😳
5/ When interest costs eat the budget, something gives — either:
✅ higher taxes
✅ fewer public services
✅ or more borrowing (and that means inflation risk later).
6/ The new “capital spending” push sounds visionary — roads, defence, green tech — but it locks in future bills that today’s students and newcomers will pay. 🧾
7/ If you’re planning to study, work or settle in Canada, watch what’s not said:
your taxes, rents, and job prospects all depend on how this quiet $170 billion borrowing gap plays out. 🇨🇦
8/ In short:
The story isn’t the $78 billion deficit.
It’s the $450 billion cash drain hiding behind it.
That’s the number that will shape Canada’s next decade. 📉
@StephenPunwasi @nationalpost @ronmortgageguy @CBCNews
#cdnpoli #Budget2025 #Canada #Economy #Debt