Canada & Progressives

[Pargat Perrer]

PeePee, I have always maintained that all politicians would be willing to do the 'wrong' thing, if it fetches them lots of votes... the sad aspect of giving politicians unnecessary power.

Oh really? Even Libertarian politicians are willing to do "the wrong thing"?

[Tom O'Donnell]

List of countries by past and projected future population - Wikipedia

Note that world population would be roughly stable over the next 75 years if you exclude Africa, where population is expected to almost triple.

[Dilip Panjwani]

PeePee, I have always maintained that all politicians would be willing to do the 'wrong' thing, if it fetches them lots of votes... the sad aspect of giving politicians unnecessary power.

[Pargat Perrer]

We should realize that each one of us and each one of our family members, is losing about 10,000 dollars per year in interest payments, which we all could have made good use of, if our 'votes oriented progressive' governments had not accumulated all this debt...

All democratic governments are "votes oriented" including conservative ones.

To attach this characteristic only to progressive governments is evidence of bias, which readers of these non-chess CT threads recognize Dollop Panhandler to have in abundance.

As long as government is doing the needed work that private enterprise won't do but needs to be done (to preserve civilization), and as long as past debts can be paid off using future GDP growth, we are presumably ok.

However the real culprit could be GDP. If climate change for example is destroying homes and businesses, and we rebuild those homes and businesses, GDP grows but actual wealth does not grow. All we did was replace what was already there and mark it down as GDP growth because people worked to rebuild homes and businesses.

So no, the real culprit is not GDP. The real culprit is what has brought down every great civilization and will do so again: expansionism. In previous great civilizations, this lead to things like dilution of power over bigger and bigger land areas, to the point where borders were subject to raids by barbarians, who then crept closer and closer to the seat of power. Even in WWII, we can see this in the German expansionism that led Hitler to overextend and try to take down Russia.

What Trump is now attempting for America is global expansionism. Panama, Greenland, even Canada and possibly Mexico. The consequences will be disastrous for America.

Oh, and the mention of climate change is important because Trump and his cronies don't recognize it. Climate change is a characteristic of logarithmic growth (expansionism) of human population.

[Dilip Panjwani]

'Progressive'

The progression of Government debt:
As of March 22, 2025, Canada's total gross debt (total liabilities at market value) is projected to be around $3.182 trillion, with the federal government's portion at $1.641 trillion and provincial, territorial, and local governments (PTLG) at $1.488 trillion.
The progression of personal debt:
Canadians are facing high levels of personal debt, with the average credit card balance reaching a 17-year high, and the total consumer debt reaching a record $2.5 trillion, driven by younger generations and rising interest rates.

That is, about 150,000 dollars per man, per woman, per child...

We should realize that each one of us and each one of our family members, is losing about 10,000 dollars per year in interest payments, which we all could have made good use of, if our 'votes oriented progressive' governments had not accumulated all this debt...

[Bob Gillanders]

Now that Trump is threatening Canadian sovereignty, it would be prudent to reconsider our purchase of American F35 fighter jets.
I believe Carney has all but cancelled the F35 purchase in favour of a European fighter jet.
Will we see an announcement soon?

[Dilip Panjwani]

'Progressive'

The progression of Government debt:
As of March 22, 2025, Canada's total gross debt (total liabilities at market value) is projected to be around $3.182 trillion, with the federal government's portion at $1.641 trillion and provincial, territorial, and local governments (PTLG) at $1.488 trillion.
The progression of personal debt:
Canadians are facing high levels of personal debt, with the average credit card balance reaching a 17-year high, and the total consumer debt reaching a record $2.5 trillion, driven by younger generations and rising interest rates.

That is, about 150,000 dollars per man, per woman, per child...

[Bob Armstrong]

Carney announces trade war relief, pledges to expedite infrastructure projects

Liberal Party of Canada

Prime Minister Mark Carney announced on Friday a relief package for workers and companies hurt by the trade war that U.S. President Donald Trump started and pledged a suite of measures to expedite major infrastructure and resource-extraction projects.

“It’s high time we built things we’ve never imagined, at a speed we’ve never seen,” the prime minister said Friday, just days before a federal election campaign is expected to begin Sunday. He spoke following a meeting with provincial and territorial premiers.

The aid package includes: waiving the one-week waiting period before collecting employment insurance, allowing workers to collect before they have exhausted severance pay and making it easier to access this support.

Ottawa will also temporarily allow companies to defer corporate income tax payments as well as remittances of the goods and services tax and harmonized sales tax, Mr. Carney announced. Steven Chase - Senior parliamentary reporter, The Globe and Mail - Breaking News Newsletter - 25/3/21