That legit blows my mind. I'm not sure I've had a phone charging cable be effective for more than a year before I started having to jiggle it while standing on one leg facing East.
I will try to keep them looser in future! I just find over time, I have to get increasingly careful with plugging them into the phone just right or it won't charge etc.
That but also removing green subsidies helps Tesla as it's further ahead than other electric car rivals. Also, less safety regulations likely brings it closer to fully autonomous driving.
All that power means our Prime Ministers are also incredibly accountable to the people every election.
Loom how fast the polling has changed once that powerful leader left and someone else looks to be taking his place.
Sure, there are flaws but I'd much rather have governments able to pass significant legislation upon which they can be judged rather than say, American style insanity where almost everything is passed through budget reconciliation and squabbling in Congress means every bill is stuffed with handouts across various constituencies.
Though, I think tax cuts are fine to spur demand (especially targeted at lower income levels) though I'm a little hesitant about cutting spending. I'm in the camp that feels deficit spending is okay, maybe even desirable for things like recessions and wars. Spending cuts usually act as a drag on growth so if your goal is to heat up an economy, cutting taxes AND spending seems counter productive...
Oh, if the impetus is just to cut taxes, well I don't think that's particularly ideal.
If you're cutting taxes in the hopes of Laffer striking again, fine but that's supposed to be revenue generating.
If you're cutting taxes for the sake of lower taxes, then you need to have some services in mind that are worth less than the value of the tax cuts, not just in terms of dollars but in terms of what they do. For example, you could cut SNAP benefits but yeah, most would be against that because feeding poor kids is pretty popular.
I don't think these are unpopular because people don't know economics so much as there aren't many services they'd give up for marginally lower taxes.
Cards on the table: I am admittedly, from BC and while I basically like our NDP government, I am also unable to forget the fast ferries debacle that cost us almost half a billion in 90s dollars. That being said, pre-trump, I was still hoping for the Liberals to lose hard enough that the NDP won, maybe a minority with the Liberals as a bit of a sanity check.
Okay, with that being said, my concerns are basically a trade war is goddamn expensive and going to hurt. We're going to want to support a bunch of people and businesses while working internationally with similarly affected nations. That seems exactly like Carney's wheelhouse. The NDP on the other hand, never met a union they didn't love. Last election they wanted to expand Canada Post to unnecessary services in part to help out the union. I'd be worried they'd try to hold or worse, create zombie jobs that are expensive and inefficient (eg fighting mechanization of ports.) I also wouldn't trust them to have the fiscal probity to discern which of their ideas are both morally good and economically good (like say $10 a day daycare which is almost certainly a net benefit to the economy vs a wishlist of "everything should be good!") It's hard to guess what exactly they'd do; their 2022 election campaign ran like a giant wishlist so you have to read tea leaves to guess what they'd have actually done.
At a time when Canadian businesses are going to have to make very difficult decisions to try and survive, I just don't trust the NDP to act in a way that protects them and thus protects us.
But the bigger concern is like I said at the very beginning of my previous post, I don't think they can win and I think Carney can and short term, I think Carney better at defending Canada than Polievre, and long term I think Carney a better bet to protect our climate change strategies, like the carbon tax.
Fair but I'm not sure what the point of spending cuts is beyond ,shrinking the state, cooling down an overheated economy or reducing a deficit. What am I missing?
A lot of government spending is super popular (think entitlements, healthcare, infrastructure etc.) I have an econ degree (admittedly, not particularly used as I'm now a dev) but I'm still not seeing a particular impetus...
That legit blows my mind. I'm not sure I've had a phone charging cable be effective for more than a year before I started having to jiggle it while standing on one leg facing East.