Canada

Capital flight is a myth. Not only that, but some capital is just challenging to move. Irving and Weston arent going to move their whole operations to other countries. Plus Canada has an exit tax.

I'm wondering if you could reduce capital flight by providing a discount rate on domestic captial. Biasing domestic investment over foreign internally and externally.

Or scrap the whole system and switch to land value tax across the nation.

Yup this ones a little weird. Food security is just as important as defense, if not even more so.

Ya closing several massive research centers is probably a bad choice

Only way to improve our food security is human right to land.

Most of these agencies will work better with less people. 1/3 of a million work in Ottawa, that is not sustainable.

He needed budget room, and he didn't want to raise taxes or cut any programs. Also, public service spending has grown faster than the economy, which apparently he took as a sign there must be fat to cut.

Liberal leaders might sometimes be your ally, but they will never be on your team.

The gov definitely has fat to cut, this system is way to inefficient considering how much were paying in taxes. It's a real concern that should be adressed

Ottawa is bloated with bullshit jobs.

1,000 cut from Health Canada....why the fuck does Health Canada have 10,000 employees? This is driving us into deep debt.

I communicate with several federal agencies and these cuts can and should go much deeper. A huge number of these positions are just bullshit busy work.

This is about reducing 40,000 jobs....from and INSANE 362,000.

The idea that national debt must inevitably consume us is a myth pushed by capitalist economists to justify austerity. The reality is that the nature of debt depends entirely on how the economy is structured and who controls the state apparatus. At the end of the day a government that controls its own fiat currency can theoretically issue as much of it as it needs. The crisis of debt is a political choice baked into the current system.

Under capitalism the state does not simply issue money for the public good. Instead it issues currency by creating debt instruments like bonds which are overwhelmingly bought up by private capital holders. This arrangement effectively forces the government into a subordinate position where it must constantly pay off the wealthy class just to function. As the state takes on more debt an increasingly massive chunk of the public budget is swallowed up by these interest payments. That leaves fewer and fewer resources available for actual productive purposes like healthcare or infrastructure. The debt becomes a massive engine for transferring wealth upward from the working class to the rich.

But this whole parasitic relationship is entirely unnecessary. An alternative system could simply use currency issuance to directly fund human needs and build collective wealth. Instead of borrowing from billionaires the state could issue money to create and expand state owned enterprises that provide public goods directly to the people. A democratically planned state driven economy would not suffer from this artificial debt problem because it would not rely on private bondholders to permission its own development. The upper limit of what we can take on is determined by real material resources and labor power rather than arbitrary debt constraints imposed by a capitalist ruling class.