August1991

A striking feature of the Left is insisting on a single way to do things: ObamaCare Medicaid Social Security And then, they argue about what it means.

LOL! ==== To me, this was always a marriage of convenience.

SALT: State and Local Taxes - In Canada, we cannot declare provinicial and property taxes as a deduction on our federal taxes. Trump made America like Canada.

Ford in Ontario wisely saw the wave. Carney saw it too. Poilievre missed the wave; and I suspect Legault too. "There is a tide in the affairs of men which if taken, lead on to fortune... "

OTOH, the US federal American government is spending at a faster rate than it borrows. In part, this is due to SALT. And Medicare, and Social Security. I think Krugman described the US government as a tank with a pension plan. ===== God knows what happens if CalPers defaults.

CdnFox, I am not being sarcastic. We Canadians largely spend within our means. (True, Justin Trudeau used up alot of our line of credit.) We Canadians are creating wealth faster than our governments can tax us - and despite Trudeau Jnr, we have a large margin.

Even your purple graph (that starts at 50, not 0) shows the Canadian debt-to-gdp falling since 2021. And we in Canada are below 100%. (Check the graph for the US.) Define "government debt". (Federal, provincial, municipal - sub-national.)

The US federal social security is unfunded. It is pay as you go. The Quebec Caisse has about $500 billion in paper assets. But you are correct, Aristides. Quebec govt paper debt is about $250 billion. IOW, the Quebec govt is a potential Ponzi scheme. It borrows at low interest rates and then lends at higher rates. I fear that Trump may clue into this!

Our debt? Money? No. Putin famously said that the Koreans will eat grass. ==== I never want any future war to be reduced to such levels.

I am surprised that this surprises anyone. America defeated the Soviets. Deng changed China. From 1990 to 2020 or so, for a brief time in recent world history, ordinary people could freely travel. ====== We had such a world before 1914.

It is so obvious the divide. I am surprised that some people in BC are so left-wing, but so not British.

Years ago, I worked in an Edmonton auto-parts warehouse. I quickly understood that northern BC is like rural Alberta. ===== Edmonton is a fake urban centre.

Pierre Trudeau changed my money - and my view of life. Before him, all my money had a woman: the Queen. With Trudeau Snr, for the first time, a man appeared on my paper money: Laurier. ===== First time abroad, I was astonished that foreigners use money with different people. In Soviet times, I asked a German girl why Deutsch Marks don't have famous Germans. She answered: "It's complicated. It depends where they were born." Nowadays, the paper euros have imaginary bridges - nothing real. The coins are real. I always check them.

People and languages are one thing. But pipelines and electricity another.

Army Guy, The question is not money this or liberals that. Ordinary stubborn Slavic/Russian/Ukrainian guys are fighting. It must stop.

Compared to America, Canada is well placed. Quebec (like Norway) has a fund. The US is pay as you go. Trump understands this.

This is OP is just wrong. The federal government has a sustainable debt. Our various provincial governments are not in debt. As a federal state, we Canadians are not in debt. ====== In simple terms, our various governments are not borrowing faster than they can collect in taxes. The GDP is growing faster than the state debt-to-GDP ratio. Canada is not a Ponzi scheme.

Main problem? I reckon that that the problem is people like Andrew Coyne - son of whatever.

I'm waiting for User to reply.

Your rights? ====== While I admire its intent, I strongly disagree with the federal US Civil Rights of 1964. This US federal act attempted to control private interactions. If I refuse to marry a person of a different race, it is my choice. As Pierre Trudeau famously said.

Nowadays, it's called "privilege" - your parents. As a man, Reagan had every advantage - his voice was so convincing. Thatcher was tall, blonde, blue eyes.

Reduce CO2 emissions? Quebec should sell its electricity to Massachusetts - rather than waste the kilowatts at home for heating.

Canada a mess? Check per m2 real estate prices.

Aristides, The collapse started in summer, August 1914.

If you have tattoos, it is your choice. If you have dark skin, it is by birth.