Friday, September 17, 2021
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Trudeau and Freeland deceive us on national debt? Say it isn’t so.

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And the science SAYSSS…

National Post —Move over Donald Trump. In their NP Platformed email available to subscribers, columnist Sabrina Maddeaux calmly explains that Justin Trudeau's recent uncontrolled angry outbursts — one at a citizen who was rude, and one at a reporter who dared challenge him with actual reporter-like questions — provides a clue as to his baser instincts. And if you saw these outbursts, you'd agree, it isn't a good look for him or any normal human. But moreover, it's a terrible look for anyone claiming the title of Prime Minister. But it's this new line of anti-science, pure crass political campaign bullshit that has me riled:
"...At a weekend rally in Oakville, Ont., Trudeau revealed his hand when he claimed that, “If you want this pandemic to end, go out and vote Liberal.” He repeated the message again, even turning it up a notch, in Surrey, B.C., on Monday, saying, “If you want this pandemic to end for good, go out and vote Liberal!”
"This is the ultimate false promise by a politician who’s become infamous for making false promises. No one can guarantee he will be able to end the pandemic. In fact, the expert consensus seems to be that there will be no real end to it: the virus will become endemic and we will be forced to live with it, albeit hopefully more normally. ..."
So it's "follow the science," and "the science says... to vote Liberal”? Many, especially the media, would dismiss "bible belt" politicians who insinuated that "God wants you to vote [whatever way].  This blowhard — and his disciples — should be treated no differently.

Two NDP humans resign their candidacy for alleged racist tropes

The National Post headline reads, "Two federal NDP candidates...

Inflation races higher in Canada — another new emergent threat to any economic recovery

Globe and Mail — They're reporting that Canada’s inflation rate jumps to 4.1%, fastest pace since 2003, sending shockwaves to almost nobody in the news media ahead of the stupid election. For example, the state-owned CBC "news media" division of the Trudeau Liberals reports it as their news item number seven or eight from the top. The G&M, as if explaining it to the CBC, wrote:
"The Statscan report arrives just five days before a federal election that’s seen affordability emerge as a key theme on the campaign trail, with all major parties pitching ideas to rein in a variety of costs, including for housing, child care and wireless plans..."
The cost of "wireless plans" is something like priority number 18,539 for me and 99% of the country, but Jagmeet Singh and the NDP — and therefore their loyal media at every opportunity — make out like it's more important than... I don't know.... inflation at 4% and Canada falling out of the economic freedom top ten... to say nothing of trillion-dollar debts and out-of-control budgets, and that thing about the end of our freedom of speech 'n junk like that. But ma wireless plan!!%#

Not “election news,” apparently: Canada drops out of top 10 countries in annual economic freedom report

Fraser Institute — In a sane land with actual journalism, this would be front-page news, one week ahead of an election. "In this year’s report, Canada ranks 14th based on 2019 data, the most recent comprehensive data, part of a downward trend since 2016. (Last year, Canada initially ranked 8th, although data revisions later lowered its rank to 13th.)"
“Due to higher taxes and increased regulation in Ottawa and the provinces, Canadians are less economically free, which means slower economic growth and less investment in Canada,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute.
Economic Freedom of the World: 2021 Annual Report is the world's premier measurement of economic freedom, ranking countries based on five areas—size of government [Canada: 111th], legal structure and property rights, access to sound money, freedom to trade internationally, regulation of credit, labour and business. In this year's report, which compares 165 countries and territories, Hong Kong is again number one—although China's heavy hand will likely lower Hong Kong's ranking in future years—and Canada (14th) trails the United States (6th).

Why isn’t this the biggest story in Canada?

National Review — "Why Isn’t the Attack on Larry Elder the Biggest Story in America?"  Their sub-head put it exactly right:
"A white woman in a gorilla mask threw an egg at a black man seeking to become the first non-white governor of our largest state, and the media shrug."
And they begin their story much as I have over the years: "Do a search for “Larry Elder” and gorilla on the CNN website and nothing comes up. Washington Post? Zilch. Nothing comes up on the New York Times site either..." — only replace those outfits with CBC, CTV, Global, Globe & Mail, etc.
In case you're stupid, let me fill you in: Larry Elder is a black man, but moreover, and in fact almost entirely over, he is a conservative man of considerable intellect and conscience. A Republican.
Indeed, in Canada, wherein they talk endlessly about evvvvvvery instance of "racism" in America in their activist effort to have it spill over into Canada and create divisions here to help fulfill their political ends, they utterly ignored this overt racism doozy. Why? Because they're hypocritical, dishonest, ideological, political... anything but journalists. They should all be ashamed of themselves. But I bet they aren't.
And yet they are so self-assured and arrogant that despite their obvious corruption, which they don't even care if you notice, they continue to demand and accept YOUR taxpayer handouts.

WE: The liberals’, the Liberals’, and Trudeau’s shame —documented in 4-part podcast

The Podcastosphere — I've listened to four parts of the well-done series titled "The White Saviors," narrated by Olusola Adeogun. There will be one more episode. The series documents the "cult" — yes, cult is the word used by an interviewee who worked for them — that is the liberals' own WE organization. I always thought of this WE group as cult-y, and corrupt, and as phony as a Liberal or NDP campaign promise, and as a leftist brainwashing center of bullshittery, but now, more so. Including, or especially because of, Justin Trudeau's participation in it. And the news media's love of it. And Big Public Education's embrace of it. And all of that combined.
The podcast is well described as "the exclusive story of a charity that did well when it was supposed to be doing good."
Produced by Canadaland, which has been on it for years, and arguably broke the story of WE and Liberal Party corruption in 2020.

Click and learn: https://play.acast.com/s/the-white-saviors

Biden’s poll numbers are too embarrassing for the “news” media

RealClearPolitics.com — I bring you the numbers because the others won't. The "news" media only bring you the news they want you to know, filtered through their very special way of telling it to you — because as you know, they're not really a "news media" at all. Therefore, Biden being increasingly underwater, as demonstrated by the scientific data that the news media studiously refuses to follow at RealClearPolitics.com, is ignored. They are lying through omission.
Click to see chart
Read a well-reasoned explanation of Biden's declining poll numbers by Rich Lowry, at Politico, but not at any of the "news media" outlets that couldn't stop reporting on Trump's declining poll numbers.

We won’t “get thru this together,” any more, boyfriend.

Globe and Mail — The Liberals' Globe and Mail division sounded off today on none other than their hero, liberalism's fancy-socked neo-liberal, The Right Woke Justin Trudeau. Seems the marriage is off.
"...We will never find comfort in the Liberal Leader’s corrupted line that we will “get through this together.” He doesn’t mean it. Only certain people matter to Mr. Trudeau – the ones he uses to prosecute identity politics for the singular purpose of furthering his destiny. ..."
The G&M, in a historic fashion reminiscent of the Maclean's revelation of two years ago, suddenly wakes up to discover that the Emperor wears no clothes; or at least those he does wear are just butt-ugly, overly showy, and of poor — possibly Fabrique en Chine —quality. He is, in fact, Right Woke, as I've been saying. And thus, the G&M finally seems to have woken up. Good morning.

Vacation in Progress – a Quicktake

I regret to inform you that even I have...

Vacation in progress

I regret to inform you that even I have to take time off. Plus, my office is getting re-carpeted, and thus my office furniture and computer (whatever that is) is currently jammed into another room, much of it standing on its end, and inaccessible. I could do all my work on a laptop, like I'm doing now, but I'm not an animal. Summer's nearly over, and thus, so will be my vacationing.

The Article

The Trudeau Liberals (cue spooky music) say in their latest budget document (a 750-page behemoth nobody could possibly get through, which is entirely the point): “…we continue to have, by far, the lowest net debt-to-GDP balance relative to international peers.” Which makes average Canadians say, yeeeeahhh I’m not so sure I believe that. This skepticism is based on the solid foundation of the fact that the Trudeau Liberals are not trustworthy, and the government fails at just about everything they do, as a general matter. Conservative Canadians say yeeeeahhh, that’s total bullpoop (or sometimes, horse puckies).

Sure enough, as the far more trustworthy Fraser Institute, who does bother to read entire government tomes like the Trudeau/Freeland budget (cue spooky music), says today in a new report, “Deconstructing this argument is important to understand the actual state of Canada’s indebtedness, some of the complexities involved in international comparisons, and the risks of continued debt-financed spending moving forward.”

Their report tests the honesty of statements made by Justin Trudeau and the Liberals about the ever-so manageable level of our national debt. Trudeau and Finance Minister Chrystia Freeland say (and the media dutifully reports, word-for-word, unquestionably and uncritically), don’t worry, be happy, the budget will balance itself, we will tax the rich [background recording of YAY! is played for the state-owned CBC TV audience at home] evil corporations will pay their fair share! [background recording of YAY! is played louder], magic money fairies will decent upon Thunder Bay [or at least some Ontario or Quebec location] and distribute all manner of magic cash to Canadians from coast to coast to coast [background recording of YAY! is played]. Also remember to wash your hands, wear at least two masks even if you’re vaccinated, and STAY INDOORS! [background recording of YAY! is once again played, followed by a scary message from Dr. Tam.]

Here’s a smattering of info the Fraser Institute provided today:

You may have noticed that the federal government has been very quick recently to point out that Canada’s net debt relative to the size of the economy is lowest in the G7.

But did you know that relative debt position is much worse than the federal government suggests when a larger group of advanced countries are included? And it gets even worse when total debt is measured instead of debt after adjusting for financial assets.

A new Fraser Institute study out today shows that Canada’s “lowest debt” rank falls from 1st to 11th when the group of comparison countries is expanded to the 29 advanced countries, and ranks 25th out of 29 countries for its total (gross) debt as a share of the economy.

In other words, Canada’s total debt relative to GDP is the 5th highest amongst the industrialized world.

Learn more about how the federal government distorts these numbers by checking out the full study here

…Whereupon you’ll read:

Summary

    • The federal government continues to rationalize its debt-financed spending based on international comparisons showing Canada with the lowest level of debt in the G7.
    • Of the two broad measures of debt, gross debt includes most forms of debt while net debt is a narrower measure that accounts for financial assets held by governments.
    • By using net debt as a share of the economy (GDP), Canada ranks 11th lowest of 29 countries and lowest amongst the G7. By using gross debt as a share of the economy, Canada falls to 25th of 29 countries and 4th in the G7.
    • Canada experiences by far the largest change in its indebtedness ranking—falling 14 places—when the measure shifts from net debt to gross debt. Taiwan has the second largest change, an improvement of 7 positions.
    • One reason for this pronounced change in ranking is that net debt includes the assets of the Canada and Quebec Pension Plans, which have unique approaches to funding public retirement plans: unlike most other industrialized countries, the CPP and QPP invest in non-government assets including equities and corporate bonds.
    • As of March 31, 2020, according to Statistics Canada data, there were net assets in the combined CPP and QPP of $488.1 billion.
    • According to IMF data, the difference between Canada’s gross and net debt was approximately $1.5 trillion as at the end of 2019, which means the assets of CPP and QPP explain roughly one-third of the difference.

The report shows that while the Liberals may be quoting one specific statistic which has some basis in truth (although it is a scant, and a rather selective, and a specious reading of the truth), they’re not telling the whole story, and the whole story is what you need and deserve. Not telling the whole story is another way of faking you out, which is something that only somebody who has no respect for you would do. Something that only a shyster would do to an unsuspecting sucker. They’re not being honest, nor transparent. How does that make you feel? And how will that make you vote?

(And yes, I do constantly bring these Fraser reports up, because they’re extremely valuable, and because the “news” media constantly fails to mention them, choosing instead to bring up whatever the Canadian Centre For Policy Alternatives is nattering about, which is usually something about how Canada should admire the basic dictatorship of Communist China, or at least ideas exactly like that.)

Once again, read the report. Here’s a link. Free information. Free truth. (Play happy music.)

Joel Johannesen
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