The country isn't bankrupt. But the Trudeau government is completely spent

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The country isn't bankrupt. But the Trudeau government is completely spent

//politics-government.news-articles.net/content/ .. -the-trudeau-government-is-completely-spent.html

Published in Politics and Government on Tuesday, December 17th 2024 at 16:01 GMT by The Globe and Mail

Canada has hit the point of intellectual bankruptcy from which a government, having run out of higher purpose, is merely chasing after survival

The article from The Globe and Mail discusses the financial management and economic policies of the Trudeau government in Canada. It critiques the government's approach to spending, particularly highlighting the significant increase in federal debt and the lack of a coherent plan to manage or reduce it. The piece argues that while Canada isn't technically bankrupt, the government's fiscal strategy seems unsustainable, with rising deficits and a ballooning national debt. It points out the government's failure to address these issues in a meaningful way, instead opting for short-term solutions like tax increases and spending cuts that do not tackle the underlying structural problems. The article also touches on the political implications, suggesting that the government's focus on social programs and environmental initiatives, while noble, lacks the necessary economic discipline, potentially leading to future economic instability.

Read the Full The Globe and Mail Article at:
[ https://www.theglobeandmail.com/business/commentary/article-the-country-isnt-bankrupt-but-the-trudeau-government-is-completely/ ]

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