OOPS! Canada’s New Socialist Leader Is Already Running Out Of OTHER PEOPLE’S MONEY

Canadian socialist leader

Margaret Thatcher warned decades ago that the biggest problem with socialism is that you always run out of other people’s money. Looks like Canadians didn’t remember that when they elected their socialist leader last year.

Weasel Zippers reports via CNews:

The National Bank says the country’s fading economic prospects could put the federal government on track to run $90 billion in deficits over the Liberals’ four-year mandate.

In a report, the bank predicts the public books will sink deeper into the red due to the combination of a weakened economy and Liberal promises of billions in fiscal stimulus.

Report author Warren Lovely says if the bank’s downgraded growth profile comes to pass then Ottawa could lose $50 billion in revenue over the next four years.

The Liberals have pledged to run deficits in the coming years in order to spend $17.4 billion over its first mandate on infrastructure projects — which they predict will create jobs and generate economic growth.

Let this be a warning for all of the insane Bernie supporters.

Image: (Source)

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  • LouAnnWatson

    “in order to spend $17.4 billion over its first mandate on infrastructure projects — which they predict will create jobs and generate economic growth.”
    if you believe in “shovel ready jobs”, obama already said you were duped.

    • Half-Evil D

      Obama did in fact push a bill that contained “shovel ready” jobs. Once the GOP-controlled House got a hold of the bill, they proceeded to strip away anything that actually created jobs, leaving only tax cuts and breaks when they were finished, completely killing the legislation.

      • begroeg

        Stop reprinting propaganda from the huff post. Have an original thought for once.

      • olddog

        then why did the Choomer Chimp sign such a HORRIBLE UN-“Touchie/Feelie” THINGY??? The SOB has BORROWED $10 trillion..where in HELL did it go Comrade (D)[email protected]???

      • Steve

        Blamin whining little bitches. That’s all you lefty loons are.

      • Buddy Farr

        when did this bill go through? because the GOP didn’t take control until 2014’s elections…so wouldn’t that be the democratic controlled house???

      • Pat Warden

        But you kept your welfare check! Half-Evil d, TOTALLY- stupid!

    • Zombie_Boy .

      They’ll be shovel ready for the majority of Trudeau’s friends in the whole Ontario-Quebec.

    • haypa2

      Canada has 10% of the population of the US….that’s quite a debt/citizen ratio and it has probably been under estimated.

  • Jim

    Well, that didn’t take long.

  • chatmandu7451

    Socialists live off the fruits of someone else’s labor.

  • olddog

    Obviously you need to import some POVERTY (D)ISEASE AND THUGS…Look how well it’s workin down here…Hell, you can rack up $20 Trillion in (D)ebt..OVER NIGHT Comrade (D)ufus…OH THE GD JOY!!!!

  • wjgo

    “Let this be a warning for all of the insane Bernie supporters.”

    Do they care?

  • MicahStone

    This cretin is the leftist extremist Canadians were stupid enought to make their leader !!!! (No wonder Cruz left and renounced his citizenship !!!!)

  • MicahStone

    “Canada’s New Socialist Leader Is Already Running Out Of OTHER PEOPLE’S MONEY”
    –needless to say, socialist extremist OBOZO has the hots for Trudeau

  • Bob Turov

    Canadian PM is a clinical idiot!

    • Juan Motime

      Look at his example: oblama…. how could he go wrong??? Birds of a feather.

  • terrybestprondzinski

    Damn, looks like you guys have yourself another Obama…good luck you will need it!

  • irandom419

    “billions in fiscal stimulus” and they are in the red, doesn’t that pretty much mean it doesn’t work.

  • waffleater

    you clearly don’t know was socialist means . you are just trying to use it as a slur word