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Jesse Kline: Liberals prove they're the 'natural governing party' after all
Jesse Kline: Liberals prove they're the 'natural governing party' after all

National Post

time29-04-2025

  • Business
  • National Post

Jesse Kline: Liberals prove they're the 'natural governing party' after all

Article content Carney never planned on balancing the capital budget, because, as he said, 'We're not spending that amount of money. We're investing that amount of money.' Except when businesses and individuals invest money, they expect a return on their investment; when government 'invests' in a bridge, it doesn't get any money from it, just the added cost of maintaining it. Article content And given that these 'investments' with no rate of return are all being financed through debt that's already costing us $54 billion a year to service and that will have to be paid by our children and grandchildren, one doesn't need to be Warren Buffett to see that the analogy doesn't hold up — or that we'll pay for these reckless decisions in the long run. Article content But Canada's Liberals are not the type of people who consider long-term consequences or plan for the future. For them, it's all about the here and now — what policies will give them an edge among niche segments of the electorate or make them look good in the eyes of their progressive base. Article content Article content To be fair, the same could be said of most politicians in democracies like Canada — our system encourages the pursuit of short-term political gain over long-term strategic planning. Article content But the Liberals have taken this to the extreme over the past decade, enacting a host of measures that clearly worked against our national interests, in the hopes of remaking Canada into some sort of progressive utopia. Only instead of following them into Zion, we wound up falling into the pits of hell. Article content We're now living in Trudeau's 'post-national state,' and rather than peace and harmony, it's characterized by antisemitic protests and the Kristallnacht-style destruction of Jewish businesses and synagogues. Article content We've seen his fabled green jobs, but it's costing us $44 billion in taxpayer money in order to bribe electric vehicle battery plants to set up shop in Canada. Article content Indeed, despite the best efforts of Carney and Trudeau, global CO2 emissions have increased around eight per cent since the Liberals took office. And all we got for all the carbon taxes and paper straws was an increased dependency on the United States for our energy exports and a sputtering economy that's ill-suited to withstand the economic punishment Trump is bringing upon us. Article content Somehow, despite all this baggage — not to mention SNC-Lavalin, Blackface, We Charity, foreign interference and the myriad other scandals and failed policies the Liberals are responsible for — the party managed to convince enough voters that it was the best choice to revitalize the economy and deal with Trump to secure another mandate. Article content Article content

Jesse Kline: Liberals prove they're the 'natural governing party' after all
Jesse Kline: Liberals prove they're the 'natural governing party' after all

Calgary Herald

time29-04-2025

  • Business
  • Calgary Herald

Jesse Kline: Liberals prove they're the 'natural governing party' after all

Article content By the Liberals' own calculations, they will be running a $48-billion budget deficit in four years' time. The only 'balance' will come through Carney's plan to split the operating budget — which includes government salaries, transfer payments and the cost of servicing the debt — and the capital budget, which accounts for infrastructure spending. Article content Carney never planned on balancing the capital budget, because, as he said, 'We're not spending that amount of money. We're investing that amount of money.' Except when businesses and individuals invest money, they expect a return on their investment; when government 'invests' in a bridge, it doesn't get any money from it, just the added cost of maintaining it. Article content And given that these 'investments' with no rate of return are all being financed through debt that's already costing us $54 billion a year to service and that will have to be paid by our children and grandchildren, one doesn't need to be Warren Buffett to see that the analogy doesn't hold up — or that we'll pay for these reckless decisions in the long run. Article content Article content But Canada's Liberals are not the type of people who consider long-term consequences or plan for the future. For them, it's all about the here and now — what policies will give them an edge among niche segments of the electorate or make them look good in the eyes of their progressive base. Article content To be fair, the same could be said of most politicians in democracies like Canada — our system encourages the pursuit of short-term political gain over long-term strategic planning. Article content But the Liberals have taken this to the extreme over the past decade, enacting a host of measures that clearly worked against our national interests, in the hopes of remaking Canada into some sort of progressive utopia. Only instead of following them into Zion, we wound up falling into the pits of hell. Article content Article content We're now living in Trudeau's 'post-national state,' and rather than peace and harmony, it's characterized by antisemitic protests and the Kristallnacht-style destruction of Jewish businesses and synagogues. Article content We've seen his fabled green jobs, but it's costing us $44 billion in taxpayer money in order to bribe electric vehicle battery plants to set up shop in Canada. Article content Indeed, despite the best efforts of Carney and Trudeau, global CO2 emissions have increased around eight per cent since the Liberals took office. And all we got for all the carbon taxes and paper straws was an increased dependency on the United States for our energy exports and a sputtering economy that's ill-suited to withstand the economic punishment Trump is bringing upon us.

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