Another epic speech by the Conservative Finance Critic.
In an epic nine-minute speech, Conservative Finance Critic Pierre Poilievre thrashed the Liberal ‘fiscal snapshot.’
The ‘snapshot’ is more like a photo of a disaster zone, with the budget deficit surging far beyond what anyone expected.
For this year alone, the Liberals are running a deficit of $343 BILLION, and the deficit is poised to surge far beyond one trillion dollars.
Poilievre notes that while the Liberals are trying to take credit for keeping the economy afloat, the real work has been done by the Bank of Canada, who simply created roughly $400 billion on a computer and injected it into the economy.
Additionally, Poilievre slams the Liberals for acting as if they have anything to do with low interest rates.
Of course, as we know, if interest rates start to surge, the mountain of federal debt will look like Mount Everest. And by running large deficits before the crisis while simultaneously weakening growth with anti-business policies, the Liberals have left Canada in a shockingly weak position.
You can watch Poilievre’s speech below:
We smashed the trillion-dollar mark. pic.twitter.com/TXvSGsLT82
— pierrepoilievre (@PierrePoilievre) July 8, 2020
Photo – Twitter