'All the money they spend belongs to other people' - Poilievre blasts Liberal inflationary budget

Mar 31, 2023
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canadainfo.net

'The government cannot give people anything it has not taken away. The Liberals have no money over there. All the money they spend belongs to other people. There are only three ways they can extract it: by taxing, borrowing or inflating. The current government has done all three. It is incredible. Just weeks ago, the finance minister admitted that deficit spending leads to inflation; it pours fuel on the inflationary fire. This admission was a long time coming. I have to admit I was waiting anxiously. It only took her three years after I started warning her about that. Slowly but surely, a group of random Liberals started to agree with me. First it was the Governor of the Bank of Canada, who had originally predicted that deflation would result from his money printing. He came around to the view that inflation is caused by government deficits and money printing. Then it was a former Liberal deputy prime minister. John Manley said that all this spending is going to drive up the cost of living. Then it was another random Liberal, Bill Morneau, the former finance minister. Bill Morneau, who has become “Bill no more”, said that we would have inflation as a result of all this spending. Then, finally, the finance minister we have now came out and said that spending money we do not have drives up the cost of living.'

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