I am Groot Posted January 30 Report Posted January 30 Playing accounting games to split it into 'operational' and 'capital investment' is as phony and deceptive as everything else he's saying and doing. As the parliamentary budget chief has recently testified, the things the Carney government is describing as 'capital investment' are NOT, in fact, capital investments. No other country defines the spending the Carney Liberals are making as capital investment. Even our provinces don't. Carney definition of 'capital' recognized by nobody else on earth: PBO | National Post archive version 2 Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
eyeball Posted January 30 Report Posted January 30 10 minutes ago, I am Groot said: Playing accounting games to split it into 'operational' and 'capital investment' is as phony and deceptive as everything else he's saying and doing. Don't forget he worked in the wealth protection racket before he became a tax collector. He'll probably be even better at his old job when he goes back to it. 12 minutes ago, I am Groot said: No other country defines the spending the Carney Liberals are making as capital investment. Even our provinces don't. It'll be just another 'financial instrument' in the government's quiver of tricks in no time. Don't be surprised if more governments don't pick one up too. Hey, look it the wealth and income gap! It's reported to have widened bigger than ever again! It's like an affirmation or something - a ray of hope almost! Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
herbie Posted January 30 Report Posted January 30 (edited) Oh FFS criticize him for not pulling a f*cking Genie out of a bottle to balance the budget under current conditions. Got it? No one can Edited January 30 by herbie 1 Quote
CdnFox Posted January 31 Report Posted January 31 11 hours ago, herbie said: Oh FFS criticize him for not pulling a f*cking Genie out of a bottle to balance the budget under current conditions. Got it? No one can Absolutely the conservatives can. Just like harper did. Tough times create a problem but they are not that hard to resolve. Our economy right now isn't even fully into recession Typical you'd come here to lie about your beloved liberals yet again and excuse their errors 1 Quote "That which doesn't kill me... Had better start running."
CdnFox Posted January 31 Report Posted January 31 12 hours ago, I am Groot said: Playing accounting games to split it into 'operational' and 'capital investment' is as phony and deceptive as everything else he's saying and doing. As the parliamentary budget chief has recently testified, the things the Carney government is describing as 'capital investment' are NOT, in fact, capital investments. No other country defines the spending the Carney Liberals are making as capital investment. Even our provinces don't. Carney definition of 'capital' recognized by nobody else on earth: PBO | National Post archive version This is going to be a problem. The big concern is not only does he have no plan to move towards a balanced budget but he has no plan to actually stop spending increases. He just announced the new GST credit and that will add to the deficit The Parliamentary budget officer, who has been correct so far, says that we are right on the edge I'm going over the line of excessive borrowing and facing catastrophe. We are almost out of road on our borrowing and once that machine breaks we are in real trouble. Carney has had his banker buddies out insisting that we still have lots of room but some basic common sense and a little bit of math shows that very quickly canada will pass a breaking point After that recovery can be measured in decades 1 Quote "That which doesn't kill me... Had better start running."
blackbird Posted January 31 Report Posted January 31 With Liberals everything is show. Smoke and mirrors. No real progress. Quote
John Stone Posted January 31 Report Posted January 31 (edited) When ur house is on fire you don't dicker for a reduction in ur insurance.... Canada is facing an existential economic threat from an ally that is bent on a new World order. Being objective I'd say Canada needs a leader that has an international footprint........... not the Country - the Leader. The last time Kanada had a balanced budget was just after the Toronto Maple Leafs won the Stanley Cup. Edited January 31 by John Stone 1 Quote
BeaverFever Posted January 31 Report Posted January 31 (edited) 19 hours ago, I am Groot said: Playing accounting games to split it into 'operational' and 'capital investment' is as phony and deceptive as everything else he's saying and doing. As the parliamentary budget chief has recently testified, the things the Carney government is describing as 'capital investment' are NOT, in fact, capital investments. No other country defines the spending the Carney Liberals are making as capital investment. Even our provinces don't. Carney definition of 'capital' recognized by nobody else on earth: PBO | National Post archive version Baloney every company on earth accounts for capital expenses differently than operational expenses. A capital expense is building a factory. An opera expense is the monthly costs to run the factory. The former is an asset that appreciates or depreciates over an extended period of time and is measured against long term liabilities, the latter is basically a measure of your in and out daily cash flow. The PBO doesn’t have a problem with dividing budget into capital and operating. He’s saying some of what carney is calling capital should be operating. I will leave that to the technocrats to debate. As for the balanced business culture, now more than ever we need to invest when we are under threat. Our military, our infrastructure our industries all need major investments and going to grow themselves. Nobody ever won a war by not investing in their military or a trade war by not investing in trade infrastructure. Every world power that has ever existed became one because they spent massively on defence, infrastructure, research, etc. Edited January 31 by BeaverFever 1 Quote
BeaverFever Posted January 31 Report Posted January 31 (edited) 6 hours ago, CdnFox said: Absolutely the conservatives can. Just like harper did. Tough times create a problem but they are not that hard to resolve. Our economy right now isn't even fully into recession Typical you'd come here to lie about your beloved liberals yet again and excuse their errors Gaslight much? The Harper conservatives inherited a balanced budget and then ran consecutive deficits for most of their time in office, the exact opposite of what you claim. Why? Because they admitted that running deficits was necessary during difficult times. One of your tell that when you start accusing others of lying it’s actually you who is telling the lie. Edited January 31 by BeaverFever 1 Quote
BeaverFever Posted January 31 Report Posted January 31 6 hours ago, CdnFox said: The Parliamentary budget officer, who has been correct so far, says that we are right on the edge I'm going over the line of excessive borrowing and facing catastrophe. We are almost out of road on our borrowing and once that machine breaks we are in real trouble. Not true at all. In fact Canada has the lowest debt to gdp ratio in the G7. We are the furthest from the brink of any of our peers. 1 Quote
I am Groot Posted January 31 Author Report Posted January 31 49 minutes ago, BeaverFever said: The PBO doesn’t have a problem with dividing budget into capital and operating. He’s saying some of what carney is calling capital should be operating. That's illegal in the real world. 49 minutes ago, BeaverFever said: As for the balanced business culture, now more than ever we need to invest when we are under threat. We're investing in green. We're investing in subsidies for inefficient oligopolies. We're investing in more massive subsidies for NGOs that support and propagandize government messaging. We're investing in gender based farming in Vietnam and helping Hamas rebuild their army. 49 minutes ago, BeaverFever said: Our military, our infrastructure our industries all need major investments Sorry. No money for that. Got to put more into developing wind farms in Brazil and subsidizing drag queens. New roads? Naww. Pipelines? Nawww. Fixing our highways? Nawwww. Expanding airports and port facilities? Nawww. Buying new weapons for the military? Eeek! Weapons!? Eeek! We're Canadians. No weapons for us. Industries don't need 'major investments', ie, corporate welfare. They need the government off their back. They need it to cut back on the regulatory burden, to prune back the jungle of red tape that means it takes 14 years to start to develop a new mine. But we're not doing that. We're not even thinking of doing it. But hey, here's a billion dollars to buy back some hunting rifles and shotguns because they've got some plastic moulding that scares urban liberals! 49 minutes ago, BeaverFever said: and going to grow themselves. Nobody ever won a war by not investing in their military or a trade war by not investing in trade infrastructure. We're doing neither of those things to any great extent. I'm sure you can cite one or two instances. That's why they're being funded. But that's it. The great mass of money the Carney Liberals have borrowed is for day-to-day operations. 1 Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
ironstone Posted January 31 Report Posted January 31 21 minutes ago, BeaverFever said: Gaslight much? The Harper conservatives inherited a balanced budget and then ran consecutive deficits for most of their time in office, the exact opposite of what you claim. Why? Because they admitted that running deficits was necessary during difficult times. One of your tell that when you start accusing others of lying it’s actually you who is telling the lie. The last year Canada had a balanced budget or surplus was in 2014-2015, when the federal government recorded a surplus of CAD 1.9 billion. The Prime Minister during that period was Stephen Harper, who led the Conservative Party. The Harper government had balanced budgets in the fiscal years 2006-2007 and 2007-2008 as well, with surpluses of CAD 13.9 billion and CAD 9.6 billion, respectively. Following the 2008 financial crisis, Canada experienced a series of budgetary deficits until returning to a surplus in 2014. However, after Harper's tenure ended in late 2015, subsequent budgets have not returned to surplus. Trudeau inherited a surplus, and it's been downhill since then. He grew our GDP by mass immigration and government overspending. Homelessness, crime, skyrocketing debt, all those things and more have gotten demonstrably worse under the Liberals. Carney's plan seems to be to keep making Trump the bogeyman as long as it fires up his base. Quote Beware the Brookfield industrial complex...
CdnFox Posted January 31 Report Posted January 31 3 hours ago, BeaverFever said: Gaslight much? No and that totally wouldn't apply here as a term. Don't make me explain English to you again Quote The Harper conservatives inherited a balanced budget and then ran consecutive deficits for most of their time in office, During the worst world wide economic downturn in history since the great depression. And with the liberals threatening to join with the NDP and take over the government if they didn't But harper's leadership meant that canada had one of the best responses in the entire world, the papers were full of international praise, and he laid out a 5 year plan to recovery with set goals each and every year. And he hit them every single year and finished with a balanced budget And he kept up medical transfers and services the whole time. THAT is what a conservative can do. trudeau on the other hand literally doubled our entire national debt and now carney is saying "hold my beer' and trying to one up him. Covid was a much smaller financial disaster, it had 'built in recovery' with people rushing out to spend the moment it was over, and the liberals are STILL borrowing more money than EVERY OTHER PRIME MINISTER COMBINED about once every 5 years at the current rate. Beaver - you're a liar. And you should be ashamed. 1 Quote "That which doesn't kill me... Had better start running."
BeaverFever Posted January 31 Report Posted January 31 2 hours ago, CdnFox said: No and that totally wouldn't apply here as a term. Don't make me explain English to you again Yes you are gaslighting. The fact is Harper inherited balance budgets and then ran deficits which is THE EXACT OPPOSITE OF WHAT YOU TRIED TO CLAIM 1 Quote
BeaverFever Posted January 31 Report Posted January 31 3 hours ago, CdnFox said: During the worst world wide economic downturn in history since the great depression. And with the liberals threatening to join with the NDP and take over the government if they didn't But harper's leadership meant that canada had one of the best responses in the entire world, the papers were full of international praise, Yeah well why are you complaining that we’re running deficits now its the same situation. And since you need a reminder, Carney was advising Harper then. Harper promoted him to Governor of Bank of Canada, named him to the Order of Canada and he was selected to Governor Bank of England as a result of his efforts and now Harper is on of Carney’s advisors. 3 hours ago, CdnFox said: and finished with a balanced budget Actually in his final budget, expenses were still higher than revenue but he covered the difference by taking funds from treasury. That’s lie withdrawing w your RRSP to pay your rent and pretending you’re running a balanced budget. 3 hours ago, CdnFox said: And he kept up medical transfers and services the whole time. THAT is what a conservative can do. No he changed the transfer formula which saw Ontario lose out on hundreds of millions of dollars. He also cut provincial transfers for crime prevention. 3 hours ago, CdnFox said: Beaver - you're a liar. And you should be ashamed. What exactly did I lie about? You have to stop using that accusation falsely. Like I said, it’s a tell that you have no clue what you’re talking about. 1 Quote
Legato Posted January 31 Report Posted January 31 17 minutes ago, BeaverFever said: Yes you are gaslighting. The fact is Harper inherited balance budgets and then ran deficits which is THE EXACT OPPOSITE OF WHAT YOU TRIED TO CLAIM Early Years: The government recorded balanced budgets from 2005–06 to 2007–08, paying down over $37 billion in federal debt. Recession and Stimulus: Following the 2008 recession, the government ran consecutive deficits to fund Canada's Economic Action Plan. Return to Balance: By the 2015 budget, the Harper government projected a return to a balanced budget, largely achieved through fiscal restraint, selling GM shares, and using contingency funds. Debt-to-GDP: Despite recession-related deficits, the government maintained the lowest net debt-to-GDP ratio in the G7. Tax Policy: The government implemented a "low-tax plan," reducing the GST and corporate taxes while focusing on returning to a balanced, or slightly surplus, position by 2015. 1 Quote
ironstone Posted January 31 Report Posted January 31 7 hours ago, BeaverFever said: As for the balanced business culture, now more than ever we need to invest when we are under threat. Our military, our infrastructure our industries all need major investments and going to grow themselves. Nobody ever won a war by not investing in their military or a trade war by not investing in trade infrastructure. Every world power that has ever existed became one because they spent massively on defence, infrastructure, research, etc. Isn't this basically how the Liberals have been justifying chronic overspending since 2015, as 'investing'? Where is the return on all those years of 'investments'? Quote Beware the Brookfield industrial complex...
Army Guy Posted January 31 Report Posted January 31 (edited) On 1/30/2026 at 5:16 PM, herbie said: Oh FFS criticize him for not pulling a f*cking Genie out of a bottle to balance the budget under current conditions. Got it? No one can Has he even tried....he got lots of plans but no action Edited January 31 by Army Guy Quote We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.
CdnFox Posted February 1 Report Posted February 1 3 hours ago, BeaverFever said: Yes you are gaslighting No, that's not what that word means. You heard that word and at some point you decided that that word is a really bad word and that it's really wrong for people to do that so like many on the left you know run around using it without understanding what it means thinking that if you say it somehow it makes what the other person said wrong without you having to actually address the argument You're currently operating at a 14-year-old mentality. See if you can bump it up a few years, it's depressing to watch you like this 3 hours ago, BeaverFever said: The fact is Harper inherited balance budgets and then ran deficits which is THE EXACT OPPOSITE OF WHAT YOU TRIED TO CLAIM Not at all. I never claimed that harper never ran deficits. But harper was forced into a deficit by circumstance, which is what you claim is happening now. And I pointed out that when harper was forced into deficit he actually had a plan and lead us back to balanced budgets successfully while keeping up and increasing federal transfers. So when you claimed that the conservatives couldn't do it I pointed out the conservatives did do it NOOOOWWWWW you're trying to claim that what i said was that conservatives never ran a deficit You want me to forget what i actually said and get confused and think you're right about what i said when it's a lie And THAT kiddo is what gas lighting actually is Well done! And i'm about 40 IQ points too smart for that. 1 Quote "That which doesn't kill me... Had better start running."
CdnFox Posted February 1 Report Posted February 1 3 hours ago, BeaverFever said: Yeah well why are you complaining that we’re running deficits now its the same situation. And since you need a reminder, Carney was advising Harper then. Harper promoted him to Governor of Bank of Canada, named him to the Order of Canada and he was selected to Governor Bank of England as a result of his efforts and now Harper is on of Carney’s advisors. Actually in his final budget, expenses were still higher than revenue but he covered the difference by taking funds from treasury. That’s lie withdrawing w your RRSP to pay your rent and pretending you’re running a balanced budget. No he changed the transfer formula which saw Ontario lose out on hundreds of millions of dollars. He also cut provincial transfers for crime prevention. What exactly did I lie about? You have to stop using that accusation falsely. Like I said, it’s a tell that you have no clue what you’re talking about. Why do I always have to explain things to you like your five when you get emotional? Did you not have the brains to graduate elementary school? It's insulting to ask questions that are this stupid I was very clear, the problem I have with it is that when harper was forced to do it he created a plan back to balance budgets with year after year goals and he actually did exactly that. I delivered us back to balance Budget on time and hit the targets every year. That is a fiscally responsible thing to do. It gives business the confidence to invest, and it shows the public that you're doing the right thing, and it actually produces very real results Connie has no such plan and is in fact accelerating spending. That is the issue which was mentioned earlier. And no, Prior to harper the law said Ontario could not collect Equalization payments!!! Harper changed that and for the first time in history Ontario got equalization payments!!! COST ontario?!?! He was the one who GAVE it to them!! You're such a liar! You lie about everything and then you turn around and demand to know where you lied. Honest to god I don't know how you can live with yourself. If I was as dishonest as you I honestly wouldn't be able to hold my head up in public. "harper took equalization away from ontaro".... FFS!!!!! They only got their first ever equalization payment in 2009, YEARS after harper was first elected. The problem with Canadians today is they don't have a sense of honor or self-respect. Nobody could lie like you do if they did 1 Quote "That which doesn't kill me... Had better start running."
I am Groot Posted February 1 Author Report Posted February 1 (edited) On 1/30/2026 at 4:16 PM, herbie said: Oh FFS criticize him for not pulling a f*cking Genie out of a bottle to balance the budget under current conditions. Got it? No one can Carney's deficit is twice what Trudeau's planned deficit was, which caused former finance minister Freeland to resign, and which ultimately cost Trudeau his job. 11 hours ago, John Stone said: When ur house is on fire you don't dicker for a reduction in ur insurance.... Canada is facing an existential economic threat from an ally that is bent on a new World order. Then why don't we do a trade deal with the Americans? Everyone else has. I'll answer my own question. Because it benefits the Liberals politically to NOT do a trade deal, even to provoke Trump. The more threats we get, the higher their popularity goes as the frightened sheep gather around him bahhing in terror. Edited February 1 by I am Groot Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
I am Groot Posted February 1 Author Report Posted February 1 4 hours ago, BeaverFever said: Yes you are gaslighting. The fact is Harper inherited balance budgets and then ran deficits which is THE EXACT OPPOSITE OF WHAT YOU TRIED TO CLAIM Let's just forget that he didn't get into deficit problems until the financial crisis, when the BQ, NDP and Liberals threatened to band together to take over unless we got a big economic incentive spending program, shall we? 1 1 Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
CdnFox Posted February 1 Report Posted February 1 3 hours ago, I am Groot said: Let's just forget that he didn't get into deficit problems until the financial crisis, when the BQ, NDP and Liberals threatened to band together to take over unless we got a big economic incentive spending program, shall we? Not to mention the fact that Canada weather the recession better than almost any other country and recovered faster. When you look at the path of recovery it made Obama look like he was standing still. 1 Quote "That which doesn't kill me... Had better start running."
John Stone Posted February 1 Report Posted February 1 11 hours ago, I am Groot said: Carney's deficit is twice what Trudeau's planned deficit was, which caused former finance minister Freeland to resign, and which ultimately cost Trudeau his job. Then why don't we do a trade deal with the Americans? Everyone else has. I'll answer my own question. Because it benefits the Liberals politically to NOT do a trade deal, even to provoke Trump. The more threats we get, the higher their popularity goes as the frightened sheep gather around him bahhing in terror. balanced budgets, deficits, partisan politics??? Akin to Nero playing his violin while Rome is burning. .............. rearranging the deck chairs on the Titanic. Ur house is being burned down ..... that is the strategy ..... 'If ur not at the table, ur on the menu' / Governor Carney, Davos. Ur on the menu. Tasty. Quote
I am Groot Posted February 1 Author Report Posted February 1 2 hours ago, John Stone said: balanced budgets, deficits, partisan politics??? Akin to Nero playing his violin while Rome is burning. .............. rearranging the deck chairs on the Titanic. Ur house is being burned down ..... that is the strategy ..... 'If ur not at the table, ur on the menu' / Governor Carney, Davos. Ur on the menu. Tasty. Is that you, August? You're no more sensible or understandable under this new incarnation. Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
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