Canadian Deficit Spending SKYROCKETS! - This Won't End Well
In this video, I talk with author and economic analyst John Sneisen about the continued raising of Canada's deficit spending as it climbs $2 billion from its projected rate to $19.6 billion going into the 2019-2020 seasons.
According to the Canadian government, this increase in deficit spending is in order to help businesses compete on the market. Isn't that interesting? The very thing that stifles businesses from competing is put in place to do just that! Either they need a basic economic class or they know exactly what they're doing.
The government is great at propping up massive monopolies with regulations, taxes, legislation, subsidies, you name it. Then they come in as the "savior" and says these monopolies need to be deterred with more regulations, taxes and legislation which perpetuates the problem forever! The small businesses cannot compete against such legislation while the major corporations certainly can.
All the while, Trudeau is pushing a 600 million dollar bailout for the media, essentially buying the media, while claiming he supports a free press. Let's remember that when Josh confronted Trudeau, the media had approached him previously at the press conference telling him he could as one of the five questions provided so that Trudeau could answer with his script. Is that a free press? Or is that complete government control over the press?
Meanwhile, Canada's debt skyrockets and the government claims they are giving back by taking a bunch of people's money and giving a lesser amount back to those same people. It doesn't change the fact that the average Canadian spends more than 65% of their income on taxes when you include all of the taxes plaguing the populace. That doesn't even include the hidden tax of inflation!
Household debt is coming up on 2 trillion dollars in the near future and Trudeau wants a thank you for bankrupting the populace.
Are you going to just stand there and complain? Or are you going to do something about it. In this video we break down the problems and then provide many solutions individuals can take to break free from this massive government and banking racket. Self sustainability is key. Do not be dependent.
See the FULL video report here:
Stay tuned for more from WAM! Don't forget to Upvote & follow!
If you like what I do, you can donate to my Bitcoin, Dash or DigiByte addresses below! :)
Bitcoin:
Dash:
DigiByte:
Good morning joshes from Australia I love your reports and your puppet prime minister is the same in every other country basically they all work for the banks if we don’t stand up against them soon you knows what will happen thanks Phyllis keep up the good work
The end game for Soc...ist / Com...ist had always been people loose motivation to work as the so called capitalist inequality propaganda is replace with real inequality in work vs reward. We see that in China that had to break that model and is now really more capitalist than USSA.
Tax and spend Communist always get you in trouble . The best way for you CANADA 🇨🇦 is to get rid of your SLAVE QUEEN 🇬🇧❗️