Not so fast … Paul Wells is wrong

I see in the most recent Maclean’s magazine that Paul Wells is as conflicted as many of us. He explains that Justin Trudeau has no sane plan to manage Canada’s economy but Screen Shot 2019-10-16 at 06.22.44he also says that Andrew Scheer is ignoring climate change.  He concludes that “It would be nice to have a government that takes fiscal responsibility and climate action seriously. It would be nice if Trudeau had not surrounded himself with people who measure their own virtue by the billions they toss into untested and probably counterproductive programs, or if Scheer had any real interest in climate action. But this year you have to choose. And if, like a great many Canadians, you believe the climate crisis can no longer wait, while the fiscal crisis is not yet urgent, then the choice is clear.

On the surface that seems like a reasonable position … but, not so fast, please.

The same day that Maclean’s went to press the Financial Times reported that “Global growth is set to fall to its slowest rate since the financial crisis this year, the IMF said on Tuesday, as it warned that the self-inflicted wounds of the US and China’s trade war had created a “precarious” economic situation … [and] … Gita Gopinath, the fund’s chief economist, said: “With central banks having to spend limited ammunition to offset policy mistakes, they may have little left when the economy is in a tougher spot.” In other words, according to one of the world’s preeminent economists, our Canadian financial situation must also be “precarious,” and we need urgent action, now, to make ourselves ready to weather what might be a deep and difficult recession … or worse.

For the last four years, Justin Trudeau has been spending wildly and unproductively. He Screen Shot 2019-10-16 at 06.19.04has put Canada in a “precarious” (weak) fiscal position. I’m afraid that it doesn’t matter what Greta Thunberg says, the climate and the planet will still be with us in a decade or a century or a millennium ~ perhaps damaged, but both will be here and humans will be, too.  But, if a recession or worse, a depression, comes in the next five years ~ and they always come and we are, likely, overdue for HtcrzRjbcGGVitb-800x450-noPadone, already ~ then Canada will be in poor shape to meet it, hundreds of thousands, even millions of Canadians will use less energy because they will be unemployed and unable to heat their homes and our government will not have the fiscal resources to fight against climate change because Justin Trudeau and Bill Morneau have seriously mismanaged Canada’s economy.

Paul Wells is wrong. He’s right that “the choice is clear,” but he is dreadfully, seriously, dangerously wrong when he says that “the fiscal crisis is not yet urgent.” The fiscal crisis IS urgent because it is here, right now, in October 2019. Climate change will have to take second or third or even a lower place in line behind programmes to save jobs and keep people working.

Justin Trudeau has severely damaged Canada because he and his cabinet are irresponsible one-trick ponies. He and they must be replaced by Andrew Scheer’s Conservatives … by a majority Conservative government which can put things right ~ so that, in the long term, Canada can contribute to fighting climate change.

Vote tomorrow; vote FOR Canada; vote Conservative.


Published by Ted Campbell

Old, retired Canadian soldier, Conservative ~ socially moderate, but a fiscal hawk. A husband, father and grandfather. Published material is posted under the "Fair Dealing" provisions (§29) of the Copyright Act for the purposes of research, private study and education.

7 thoughts on “Not so fast … Paul Wells is wrong

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