May 06, 2015

Economist: Trudeau's economic platform built on "a wing, a hope and a prayer"

Marissa SemkiwRebel Commentator
 

Justin Trudeau's unveiled part of his economic platform.  It centers on two parts: creating a child benefit package, and raising income taxes on the rich.

The Liberals say their plan is aimed at helping the middle class. 

But Dr. Ian Lee, professor at the Sprott School of Business, rejects Trudeau's premise outright.

He says StatsCan data doesn't support the notion that "the middle class in languishing."

Study after international study shows that Canada's middle class is, in fact, the wealthiest on earth.

I note that Trudeau has been criticized for trying to replicate U.S. President Obama's class warfare style campaign in Canada. Lee says that Trudeau's plan is certainly "much more of a political document than it is an economic document."

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Comments
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commented 2015-05-12 18:54:18 -0400
Who are middle class? In New Brunswick, the Liberals have defined “wealthy” seniors as those with $50 000.00 in savings. That amount in savings does not bring one much income; difficult to use the modifier “wealthy.”
commented 2015-05-10 21:34:12 -0400
Many of us know that it has always been about pandering for votes and little else when it comes to the LPC strategy.

Here is my presentation on taxation that ties exactly to the comments made by the economist:
http://www.slideshare.net/paulyoungcga/taxation-policies

There are many other presentations that I discussed similar issues the economist made note in the video, like Free Trade or Internal Provincial Barriers or Taxation Policies or other policies.

You are more than welcome to share my presentation as the information needs to get out that JT is a train wreck!
commented 2015-05-09 11:36:49 -0400
Good stuff Marissa as usual – I cringe every time this buffoon opens his mouth or see him dancing in a park, prancing around doing yoga, taking off his shirt…what is even worse is that there are people in our great country who will actually vote for this clown and his clownish, destructive party!…I don’t get it – I really don’t…. at least the budget will “balance itself”…keep up the the great work Marissa.
commented 2015-05-07 14:58:19 -0400
dont forget actual liberal leader, the ultra left, gerald butts …..multiple carbon taxes and no human zones….
commented 2015-05-07 12:17:59 -0400
Curious (or deliberately not) the Lieberals haven’t announced their plans to tax us all into the ground with a Carbon Tax, which Justin called for some time ago. Oh wait a minute. They won’t drop that bomb until after they are in power. Not in the election platform? Oops, we missed it. Pay up all you sucker taxpayers anyway!
commented 2015-05-07 10:46:32 -0400
Earlier this morning I caught a little bit of Justin’s appearance as a guest on one of those morning TV shows (Breakfast Television, out of Toronto). At last, I’ve now seen him in a format where I thought he actually came over rather well. Since, from all accounts, he didn’t even make a particularly decent substitute drama teacher, I think he may now have found a niche in which he could develop his future career, although he may not be perceptive enough to realize that.
commented 2015-05-07 07:54:48 -0400
The Liberals have a secret agenda.Liberal finance critic Scott Bison had revealed elements of a plan to a Post Media reporter in London where the party is holding a retreat. Referring to a recently announced agreement between the Quebec government and the Cassel de De’pot etc Placement, he suggested that the Liberals see Canadian pensions plans as convenient source of money to finance the party’s ambitious infrastructure program. I have 12 years to retirement. I will not have a government pension, worked in the private sector all my adult life. I do have investments,but it is not enough. I will have to depend on the Old Age pension and CPP. The Liberals are talking about helping the middle class. If the Liberals get elected, God help us! There will be no middle class, There will be rich and poor that’s it. And there will be no money in our pensions plans.
commented 2015-05-07 07:21:30 -0400
When will Canadians realize that Liberals are not a party of policy makers (they have ALWAYS plagiarized ideas and policies form other sources)the Liberals are a party of POWER BROKERS – they lie and cheat to gain power then they sell access to that power, they sell influence. Policy wise they haven’t had an original idea since Laurier’s attempt to diddle Alberta riding boundaries.

I’m not holding out hope voters will put their best interests and rational informed choice up front when they go to the polling booth after what I witnessed in Alberta.
commented 2015-05-07 06:36:40 -0400
And Freemasonry. Never forget that.
commented 2015-05-07 05:04:41 -0400
I am ashamed of being from the same Cape Breton Gerald Butts is from. Oh, did someone forget to mention it is actually his agenda coming through the young Trudeau’s mouth. The Robin Hood policy just doesn’t work and isn’t accepted unless your personnel IQ is well below the national average. The evidence suggests Obamas team has been training Mr. Butts on political strategy. A Canadian version of hopey changey.
commented 2015-05-06 23:39:42 -0400
And to think an idiot the likes of trudolt could actually be elected.
commented 2015-05-06 22:05:31 -0400
Just excellent Marissa. Thank you.
It is so important to get The Rebel information out there….before it’s too late!
commented 2015-05-06 20:36:39 -0400
Yes its true that the liberal agenda is all about politics and not economic reality and sound economic management. By the way is Mr. Sport still invested heavily in silver precious metal? Maybe of topic but curious?
commented 2015-05-06 20:35:45 -0400
Somebody at Shaw is screwing with my internet connection , so it took me a while to get here. (Socialist Media?) It took a few heated phone calls. Let’s see, A Wing, A Hope, And A Prayer. The Wing is the Liberals love of using Gov’t Jets while being served gourmet meals while in flight (which taxpayers pay for by the way). The hope is the “Takers” will outvote the “Makers” in this election similar to what happened in the US (the Obamaization of the US). The Prayer is that they can con enough voters into supporting them for Gov’t. The Lieberals are making promises they can’t or won’t keep. What does Trust Fund Child Justin really know about the Middle Class? Nothing. As the so called “Rich” flee the country, the Lieberals will turn on the rest of us to fund their programs. We saw this approach under both the Trudeau Sr. and Chretien “Liberal” Gov’ts. I am reminded of the old saying of “When they came for my friends and neighbours, I stood and watched. When they came for me, nobody was left to watch”. Justin is a Socialist/Communist of his father’s persuasion. Gerald Butts, the anti human, anti everything modern society “advisor” is the true power behind the Lieberal Party right now. Beware! Give these people power, and we may never see the end of their intended oppression.
commented 2015-05-06 19:50:49 -0400
When the socialist/communist/liberal pigs controlled all the media, these PIGS could make up crap and then get MSM validation for spew to the masses.

Roll forward to the days of the internet and the MSM is failing – there are alternatives, including direct sources of data. Amazing how troodo sounds like his dad pete more and more as we get closer to election.