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smallworlnd
5d9393692da6465b9e2a294223627a297e668db14a627a1597027655b962a7f2
#Bitcoin #LightningNetwork ecologist and builder of tools at https://sparkseer.space formerly https://lnnodeinsight.com

"No man is an island", from Devotions Upon Emergent Occasions by John Donne in 1642.

Stack sats and stay humble, especially the the stay humble part.

Isn't immigration already coming down rapidly? Aren't the most unpopular taxes already being cut, like the carbon tax? Tougher on crimes by injecting more into police departments? Police spending is already the biggest budget item across all Canadian cities, especially Montreal at ~18%. Second biggest is interest payments on their debt. Montreal spends ~16% of its budget on interest alone.

Deficit spending is clearly a bad thing. Using more natural resources is probably the only thing that can help in the short term. As for the handouts, are you referring to the 2021 handouts that everyone got from the government? Like most countries did? Current handouts basically go to seniors (the second biggest budget item at the federal level), and a tiny amount to EI and other special cases. Seniors also consume the most in medical services so net net they are the biggest budget item at the federal level. Carbon credit handouts essentially cancel each other out. That said, the operating costs at the federal level have sky-rocketed, on paper it's the biggest budget item. Canadians could do with fewer CRA agents, and a number of other things but it likely won't fix the ~80B CAD deficit blowout once the capital gains inclusion rate gets rolled back. PP wants to fully cut CBC funding, which currently gets a total of $1B CAD. Just another $79B CAD if he succeeds.

How much does Quebec receive in transfer payments per capita? How does that compare to transfers per capita in other provinces? Imagine a scenario where Canada dissolves and each province becomes their own country, they now keep all of the income tax that would otherwise go to the federal level. How do their finances look in that case?

Replying to Avatar JordyStyle

Looking at the 🇨🇦 polls (https://338canada.com/polls.htm), I’m stunned by the sheer foolishness of my fellow Quebecers

What should they be doing instead?

Big. That kind of position is a rarity these days.

I am a scientist and no one is buying me. I almost wish they were. My lab is struggling to retain funding like all of my collaborators, and any other lab I've interacted with. You might be referring to a very small minority of labs in very specific politicized fields of research. The reality is the vast majority of researchers are just trying to do research.

Replying to Avatar ODELL

Average propbably skewed enormously by top %1. Significant portion of the population lives on minimum wage or close to it. Median will likely show the same trajectory across the board.

Insane. I hear the same from a local farmer who basically just stopped accepting credit to avoid this costly headache.