The "LOLCANADA" thread...again

The "LOLCANADA" thread...again

So what's new?

I've noticed the Liberals are now ahead in all major polls and Trudeau hasn't even started to campaign yet...i'd be shocked if they lost the election now.

Just shows just how incompetent Conservatives are.

11 July 2019 at 07:31 PM
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1562 Replies

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by lozen P

Our interest payment equal what we spend on healthcare and you can brag Canada #1 in the G7 but the financial outlook is bleak in comparison to the USA

Posts like this is why I made the original point. This is just false. Canada has better deficit to gdp AND better debt to gdp than the USA. If you consider net debt, that is looking at things like CPP (fully funded in Canada) and SS (not fully funded in USA), then Canada has a vastly superior financial outlook than the USA. Check out some of the charts here: https://www.nbc.ca/content/dam/bnc/taux-...

On what measure - precisely - are you basing your claim?

All the rest is noise. With high interest rates globally to combat inflation, debt servicing costs have temporary highs in all countries but this is measure nominally, because inflation also grows incomes and those big debts get easier to service at the same dollar level. Regardless, this is presumably transient as inflation ebbs and interest rates drop.

Ultimately, setting aside the pandemic era, Trudeau has kept deficits in a controlled band of deficit to gdp running comparably modest deficits throughout his tenure. You can wish they were smaller still, but don’t lie and pretend they are something they aren’t.


by lozen P

Amazes me that anyone can compare Harper's deficits to Trudeaus. Yes Harper ran deficits but his worst deficits pale in comparison to Trudeau's . You can blame Covid for some of them but much of that money was not needed . Trudeau now has no expectations of ever running a balanced budget while bloating government and making his consulting friends rich.

Our interest payment equal what we spend on healthcare and you can brag Canada #1 in the G

Let me help u out .
https://www.macrotrends.net/global-metri...

Press the 20 year option on the chart.

As u can see , Harper had a jump of debt in 2008 and then it stabilized while never going down much despite the economy expanding .

What did Trudeau did since he came in ?
Did exactly what Harper did , had as well a jump in debt due to COVID but at least we see debt to gdp actually going down !


And when u look at this chart ,
https://www.macrotrends.net/global-metri...
20 years option again , we can see gdp and gdp per capita is at the highest ever .
So wtf is the problem ?
I have no idea …
Could it be better ?
Everything could be better , but Trudeau did ok and relatively comparing to the world we are still in a much enviable situation .


by Montrealcorp P

Everything could be better , but Trudeau did ok and relatively comparing to the world we are still in a much enviable situation .

Basically this. Everything certainly isn't perfect. There are lots of economic indicators we all would wish you be better. But Trudeau's decade (always with the asterisk on the covid years) are pretty par for the course. On most measures, things are within narrow bands compared both to past decades in Canada and do peer countries.

And guess what? Poilievre is going to be the same! Look at his messaging. His big campaign promise - getting rid of the consumer carbon tax - is deficit neutral. Won't do a thing for these numbers. He is going to probably slightly tweak some tax numbers and slightly lower some types of spending and end up pretty similar. In the campaign he'll promise to get us to deficit neutral, just like harper did, and who knows if it actually happens. This is a bunch of guesswork as he shamefully doesn't give out any details but for the carbon tax one, but I think it is pretty good guess.


by uke_master P

Basically this. Everything certainly isn't perfect. There are lots of economic indicators we all would wish you be better. But Trudeau's decade (always with the asterisk on the covid years) are pretty par for the course. On most measures, things are within narrow bands compared both to past decades in Canada and do peer countries.

And guess what? Poilievre is going to be the same! Look at his messaging. His big campaign promise - getting rid

Im sure he will cut the consulting Budget which Trudeau increased by 6 billion as well as cut bloated federal services and the CBC


The above is a GREAT example of lozen saying something objectively false, being provided the evidence showing he was wrong, and then just utterly ignoring the post and moving on to a new whataboutism.

Such a dishonest poster.


by uke_master P

The above is a GREAT example of lozen saying something objectively false, being provided the evidence showing he was wrong, and then just utterly ignoring the post and moving on to a new whataboutism.

Such a dishonest poster.

https://nationalpost.com/news/politics/c...

https://nationalpost.com/news/canada/tru...


The dishonesty is 80 % folks get back more than they pay


Lozen. You made a mistake. It was proven wrong. Stop trying to whatabout to new issues and new statements and new critiques.

An honest poster acknowledged when they made a mistake.

A dishonest poster pretends it never happens and whataboutisms.

Why are you choosing the latter?


by uke_master P

Lozen. You made a mistake. It was proven wrong. Stop trying to whatabout to new issues and new statements and new critiques.

An honest poster acknowledged when they made a mistake.

A dishonest poster pretends it never happens and whataboutisms.

Why are you choosing the latter?

What mistake ?

Trudeaus economy is great? Trudeaus deficits better than Harpers?


by uke_master P

Lol at the revisionism. Remember back when this started when you said something really really stupid about Harper and deficits and I showed the graph disproving it? Here, I'll remind you: https://forumserver.twoplustwo.com/showp...

Yikes, that must have stung. So just lol at you trying to save yourself by making up this fake story that a point I've made many times ITT was something I newly discovered.

At the e

You can't get over the fact that you truly truly thought Trudeau's debt to GDP ratio was his "record of accomplishment" and then I pointed out that the tree was already there when inherited the house.

It's okay to admit you were wrong. Liberal voters are in real denial these days.


by lozen P

What mistake ?

Trudeaus economy is great? Trudeaus deficits better than Harpers?

I can't tell whether this is some bizarre trolling or if you genuinely are so incapable of following a conversation you don't understand.

Read your post and the response (that you ignored) carefully: https://forumserver.twoplustwo.com/showp...

If you make a bad statement, you should acknowledge it when you are caught being wrong and stop doing whataboutisms.


by uke_master P

Basically this. Everything certainly isn't perfect. There are lots of economic indicators we all would wish you be better. But Trudeau's decade (always with the asterisk on the covid years) are pretty par for the course. On most measures, things are within narrow bands compared both to past decades in Canada and do peer countries.

And guess what? Poilievre is going to be the same! Look at his messaging. His big campaign promise - getting rid


You don't know what you don't know.


Housing affordability is the #1 reason why the younger voters have abandoned Trudeau. And he actually single handedly made it worst when he increased population immigration by 1M a year at a time when new builds are slumping due to interest rates.

You probably own a home free and clear so don't see how bad it is for young people.

I have close to 100 doors. I get hundreds of messages every time I put an ad for an apartment for rent under $2000 a month.

Line up of visits, refusing people making 100k+ with perfect credit scores because there is someone better.

And Trudeau simply won't shut off the valves.

Liberals are in denial about it. But this what's happening to his younger voter base almost country wide.


by Tien P

You don't know what you don't know.


Housing affordability is the #1 reason why the younger voters have abandoned Trudeau. And he actually single handedly made it worst when he increased population immigration by 1M a year at a time when new builds are slumping due to interest rates.

You probably own a home free and clear so don't see how bad it is for young people.

I have close to 100 doors. I get hundreds of messages every time I put an ad fo

Ok. Well this is an interesting - entirely new - set of talking points so let's just take the W on our prior points and move on to these new points.

And yes I mostly agree! Complaining about housing - where Canada is the worst in the g7 - is a much more biting critique than deficits - where Canada is he best in the g7. This is a bad problem in many countries and acutely bad here. There are many reasons for this, and immigration is but one contributing factor.

However, it is a little silly to say they are in denial about it. It's practically all anyone talks about these days - Liberals included, with a whole host of initiatives. Amusingly, a big chunk of the most recent budget increases were due to billions and billions thrown into housing initiatives. The conservatives shamefully don't release detailed plans, but from their policy statements they have a similar approach (a bit more stick and a bit less carrot, but similar ideas). We could dive down into the details of those comparative plans, but ultimately the major macroeconomic forces tend to dwarf regardless.

It's also rather amusing how personal you try to be in your posts while miserably failing. I'm pretty open ITT. So yes, I've (mostly) paid for my own house, but my job involves working with 20 year olds all day. I'm acutely aware that housing (and climate change!) is a top priority both anecdotally and in poll after poll. So this suggestion that I don't know what I don't know because I own a house is stupid, irrelevant, and very on brand for you at this point.

Do better.


by uke_master P

I can't tell whether this is some bizarre trolling or if you genuinely are so incapable of following a conversation you don't understand.

Read your post and the response (that you ignored) carefully: https://forumserver.twoplustwo.com/showp...

If you make a bad statement, you should acknowledge it when you are caught being wrong and stop doing whataboutisms.

Being wrong ?

Interest payments on the deficit are 42 billion a year The federal government transfers 42 billion a year to the provinces for healthcare 10% of the budget I do believe

You can say the economy is great and looks great but that is just BS


by lozen P

Being wrong ?

Interest payments on the deficit are 42 billion a year The federal government transfers 42 billion a year to the provinces for healthcare 10% of the budget I do believe

Yet another basic reading comprehension fail. The false statement wasn't your claim about healthcare, it was this:

financial outlook is bleak in comparison to the USA


Why do you think this? Canada not only has a lower deficit, a lower debt, it has a VASTLY lower "net debt" when you expand to obligations like CPP vs SS and the like where Canada is fully funded (and expanded by the Liberals!) and the USA is not. Heck, even if you want to circle it back to healthcare, Canada spends less than the US on healthcare and has better health outcomes.

So by what metric do you think Canada's financial outlook is worse than the USA?

This time - for once - can you try and engage honestly and not do a whataboutism to some unrelated talking point? Please? PLEASE?


by uke_master P

Yet another basic reading comprehension fail. The false statement wasn't your claim about healthcare, it was this:


Why do you think this? Canada not only has a lower deficit, a lower debt, it has a VASTLY lower "net debt" when you expand to obligations like CPP vs SS and the like where Canada is fully funded (and expanded by the Liberals!) and the USA is not. Heck, even if you want to circle it back to healthcare, Canada spends less than th

https://georank.org/economy/canada/unite...


by uke_master P

This time - for once - can you try and engage honestly and not do a whataboutism to some unrelated talking point? Please? PLEASE?

So sad.


by lozen P

Our interest payment equal what we spend on healthcare and you can brag Canada #1 in the G7 but the financial outlook is bleak in comparison to the USA

Great timing on this new article. Puts the lie to the “bleak in comparison” bit and in addition to the prior points adds the favorable comparison on interest payments as well. One can be envious of USA’s economic prowress, but Canada’s governments fiscal position is absolutely not bleak in comparison.


I must say that if there was an attempt on Trudeaus life or on Pierre's life no one here would be celebrating it or making jokes about like some in the Trump threads
I applaud Rocco who even has pointed this out

AS CDN's we have yet fallen to that level and glad about it. Has me thinking that those Take Trudeau out to the train station stickers that I have laughed at and I may have said are inappropriate


Add that to the list of better debt, deficit, debt carrying costs, net debt, etc!


This is not the first time where a world event generates an easy lay-up for every politician and somehow poilievre is the only one who fumbles it:

https://x.com/acoyne/status/181252557395...


by uke_master P

This is not the first time where a world event generates an easy lay-up for every politician and somehow poilievre is the only one who fumbles it:

https://x.com/acoyne/status/181252557395...

Hoe does he fumble it? You may not like the comment that he is glad the shooter is dead but he is a conservative


Lol you really can't figure out why that is cringey af? Even when Coryne spells it out for you?


by uke_master P

Lol you really can't figure out why that is cringey af? Even when Coryne spells it out for you?

Not the words I would have chosen to use but it’s not as cringe worthy as referring to Trump as Hitler


You really can't help yourself with the endless whataboutisms can you? Like it really is just a structural element to how your brain processes the world around you, that in any moment of criticism of your Dear Leader you just immediately need to find some vague unrelated negative tangent to whatabout on.

Hey lozen, whatabout the fact that USA has an AA+ credit rating and Canada has an AAA rating, why did you say Canada is bleak in comparison again?


by uke_master P

You really can't help yourself with the endless whataboutisms can you? Like it really is just a structural element to how your brain processes the world around you, that in any moment of criticism of your Dear Leader you just immediately need to find some vague unrelated negative tangent to whatabout on.

Hey lozen, whatabout the fact that USA has an AA+ credit rating and Canada has an AAA rating, why did you say Canada is bleak in compariso

Whataboutism is about rationalizing his flawed inconsistencies of equivalences .
He can’t be wrong so he automatically try find an escape through whataboutism to justify the unjustifiable.

A day to day routine in Maga world .


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