1/ #ChooseForward Another discussion with a #cpc supporter last night. I concede that I was intentionally winding him up—condescendingly disproving false claims with cited facts or correcting subjective beliefs with more reasonable alternative inferences.
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2/ A recurrent #cpc theme is the need for a national debt reduction. In itself that’s a reasonable goal—in fact virtually every party wants to do that.
But!
🇨🇦 $120Bn debt is AVERAGE among OECD;
🇨🇦 has the HIGHEST credit rating^ (AAA),
.../3
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^ tradingeconomics.com/canada/rating
But!
🇨🇦 $120Bn debt is AVERAGE among OECD;
🇨🇦 has the HIGHEST credit rating^ (AAA),
.../3
—
^ tradingeconomics.com/canada/rating
3/🇨🇦pays the lowest interest on our debt, at a time when borrowing costs are very low.
It is a GOOD time to use debt to accomplish national goals.
SO!
.../4
It is a GOOD time to use debt to accomplish national goals.
SO!
.../4
5/ In context with Canada’s STELLAR economic performance^ under #Trudeau, there is no urgency to reduce national debt and absolutely NO reason to implement DRACONIAN cuts to Social Services to pay down the debt.
So why are the #cpc proposing this?
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^ tradingeconomics.com/canada/gdp-gro…
So why are the #cpc proposing this?
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^ tradingeconomics.com/canada/gdp-gro…
6/ The #cpc cuts are IDEOLOGICAL —to reduce/destroy the Canadian Social Safety Net and to move 🇨🇦toward a 🇺🇸Pay-to-Play economy where EVERYTHING has a price. 🇺🇸healthcare isn’t SO “bad” for the consumer because they can’t figure it out... /7
7/It is that way BY DESIGN, because the insurers make so much money the way it is. It’s DESIGNED to deliver obscene profits NOT positive health outcomes. Thé #cpc plan to use thé national debt as a false excuse to gut healthcare, then close it down.
