Carney platform promises $130B in new spending, deficits until 2029 :Heart Attack:

nottyboi

Well-known member
May 14, 2008
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So why would I vote for someone when they haven't said what they are going to do? And how they are going to do it.

That's sounds a lot like a Trumpish planning style to me.
Look at the audience dude. How are you gonna get such concepts out to the masses? He briefly mentioned the use of wood composites in the construction of housing but then rolled on when he realized that people could not see how revolutionary this is.
 
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DesRicardo

aka Dick Dastardly
Dec 2, 2022
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All countries incur debt to finance investments and debt for countries usually is long term.
Nothing unusual about it.
And these "investments" may not work out. Look at the last 10 years here.

The unusual is now the usual.
 
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Butler1000

Well-known member
Oct 31, 2011
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They have.
But what you are requesting is basically an analysis of what is going to be cut and how.
That isn't for people to know at this stage and it isn't ever a part of a platform or a mandate.
What does Pierre have?
Outdated slogans.
Dude, you are the one who said they haven't said so. Basically they have promised in 3 years to increase spending, reduce spending, and balance the budget, with tax cuts. And no transfer cuts, or program cuts.

I ain't buying it.
 

Shaquille Oatmeal

Well-known member
Jun 2, 2023
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Dude, you are the one who said they haven't said so. Basically they have promised in 3 years to increase spending, reduce spending, and balance the budget, with tax cuts. And no transfer cuts, or program cuts.

I ain't buying it.
Yes they have promised to increase capital spending, reduce operational expenses.
As I said savings can be realized in multiple ways.
But how exactly they are going to do it isn't something anyone every says, before getting to power.
Its not like people will understand it anyway.
So the only relevant bit is that you want to vote conservative.
So just say that instead of "not buying it".
 

JohnLarue

Well-known member
Jan 19, 2005
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Here are the facts as far as I have read up until now:
- Carney separates operating expenses (wages, daily expenses etc) and capital expenses (investments in long-term assets like infrastructure, clean energy, and defense , accepting modest deficits to finance these initiatives.).

Trudeau promised 2 or 3 years of modest deficits in 2015, how did that work out ?

This is good. We need these investments to grow.
no, we need de-regulation & getting govt the hell out of the way to grow
you can not grow an economy if private investors are unwilling to invest their money due to over-regulation and taxation

when will the loonie left learn? , central planning and big govt is a pathway to failure and crippling debt


"clean energy" is a money pit
government should not be putting taxpayer money at risk in green energy scams

He has also promised to balance the operating budget over 3 years.
Trudeau promised to balance the operating budget over a few years in 2015 , how did that work out ?

Trudeau made a mess of the public finances
Carney will absolutely the public finances and bury our kids and grandkids generation in a mountain of public debt and also cause the re-ignition of inflation
 

JohnLarue

Well-known member
Jan 19, 2005
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Too much red meat for dumb Canadians. People that think somehow PP can fix the housing crisis, healthcare and build a massive network of pipelines and reduce govt spend all at the same time.
housing / pipelines get built by private investment, if govt will just get the hell out of the way
Trudeau drove hundreds of billions of investments out of Canada
 

mdo2886

Well-known member
May 9, 2010
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How in good conscience can anyone vote for this?

Especially after this same party doubled the national debt in less than 10 years.

Vampirically sucking the life from the young and unborn. Really sickening.
 

JohnLarue

Well-known member
Jan 19, 2005
18,356
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De-regulation to get our massive amount of resources to market. Not a bad plan for a country blessed with some of the largest oil, gas and mineral reserves on the planet.
it gets worse
Liberals promise $130B in new spending and no timeline to balance the budget

  • no timeline to balance the budget
The four-year plan also includes billions in gender and equity-related spending,
money pit

He admitted that he’d need to cap growth in public sector employment to meet the platform’s fiscal targets.
cap growth in public sector employment?
the public sector has grown to become a bloated ineffective money pit
the size of govt needs to shrink, not grow


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The Canadian federal government's workforce has seen significant growth in recent years, outpacing both private sector job growth and the overall population increase. Between 2015/16 and 2022/23, the number of federal public servants increased by 26.1%, while the Canadian population grew by only 9.1%. This rapid growth has placed a strain on federal finances, with some analysts estimating that the federal deficit could be lowered if hiring had simply kept pace with population growth
you can not grow govt faster than the private sector without a lot of real bad shit happening


“(We’re looking at) a series of measures that are going to make government more effective,” Carney said in response to a question on the platform’s budget math.

He noted that the federal public service has grown at an unsustainable rate of 40 per cent over the last decade.
but he still plans for future growth in the public sector
He admitted that he’d need to cap growth in public sector employment to meet the platform’s fiscal targets.



Carney will bankrupt this country

Conservative Leader Pierre Poilievre, also in B.C. on Saturday, said that Carney’s platform would make life even more expensive for Canadians.

“Amazingly, Mr. Carney plans to run even bigger inflationary deficits than Justin Trudeau had already budgeted,” said Poilievre.
lets not forget why we had to get rid of Trudeau
It will be damn foolish to replace him with Trudeau 2.0
 
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nottyboi

Well-known member
May 14, 2008
24,411
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housing / pipelines get built by private investment, if govt will just get the hell out of the way
Trudeau drove hundreds of billions of investments out of Canada
How were Trudeaus polices reducing house building?
 

Butler1000

Well-known member
Oct 31, 2011
31,530
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Yes they have promised to increase capital spending, reduce operational expenses.
As I said savings can be realized in multiple ways.
But how exactly they are going to do it isn't something anyone every says, before getting to power.
Its not like people will understand it anyway.
So the only relevant bit is that you want to vote conservative.
So just say that instead of "not buying it".
I don't believe him. It's that simple. I don't believe him, due to his record of previous statements, and his record in private equity, that his has the best interests of the nation at heart. I think the Liberal party at this juncture needs to be put out of office.

The core reason is simple. The Liberal party initiated and continued to defend the Carbon tax on moral and ethical grounds, as well as attack its opponents on that level. Until it was costing them votes. Worse is they haven't eliminated it, just paused it. Their new leader is on record supporting it, and has word saladed it into vague promises of regarding it, with no details.

I think he is lying. The party is lying. And nothing he has said has convinced me otherwise. Nor has anything you have said.

And I am not unique in this thought.
 
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oil&gas

Well-known member
Apr 16, 2002
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Ghawar
So dont invest at all then?
How is that going to help us grow?

Reduction of deficit in government spending does not necessarily
translate to elimination of investment in the public and private sector.

How is perpetual growth of national debt (and debt servicing cost)
going to help us grow. You have any idea how much good the expenses
of interest payment incurred by ballooning debt can do?
 

Frankfooter

dangling member
Apr 10, 2015
96,276
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housing / pipelines get built by private investment, if govt will just get the hell out of the way
Trudeau drove hundreds of billions of investments out of Canada
Wrong.

Under DoFo, who has been deregulating and offering deals to developers at the behest of towns, housing starts are the lowest in the country.
 

Frankfooter

dangling member
Apr 10, 2015
96,276
24,737
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How in good conscience can anyone vote for this?

Especially after this same party doubled the national debt in less than 10 years.

Vampirically sucking the life from the young and unborn. Really sickening.
Yet right wingers voted for DoFo here and he massively has increased Ontario debt.
 
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