Fritz Radandt

[Mark Reid 🇨🇦 @MarkReid42]

I have to agree!

[Liam Gill @realLiamGill]

Small businesses per 1,000 people:

🇨🇦 33
🇺🇸 124

Why?

Our economy doesn't reward risk taking and ambition.

50%+ of Canadians are employed by a small business; the backbone of our society.

Policy must encourage entrepreneurs to create jobs and opportunities for Canadians.

[Stephen Taylor @stephen_taylor]

History has been unflinching on the following truth: Every Canadian Conservative leader that became PM has been written off as dead and hopeless before they were inevitable and an obvious winner.

[brittany @by__brittany]

@sarahelder @KoryCPC Meanwhile Kory is dragging Pierre on MSM..

Are we not supposed to be calling that out?

I don’t understand the mindset that Kory and family can go around saying whatever they want and no one is allowed to respond to it? Including Pierre?

[Barchart @Barchart]

BREAKING 🚨: Canada

Canada's economy shrank in Mark Carney's first year as prime minister—the worst economic start for any Canadian PM in over 60 years 🤯 👀

[Daniel Priestley @DanielPriestley]

Socialists imagine a class struggle. In their made-up fantasy the CEO is in competition with low level workers, the wealthy entrepreneur is stealing from the underpaid nurse.

In reality, workers do not compete vertically they compete horizontally.

Entrepreneurs compete with entrepreneurs. Investors outbid each other. CEOs are benchmarked against other CEOs. Nurses are hired from a pool of nurses. Etc.

The CEOs pay has no correlation to the entry level workers. The Football star on £300K a week isn’t linked to the person selling drinks in the stadium. A biotech entrepreneur raising VC capital isn’t paid relative to a cleaner.

What is linked is the demand and supply dynamic of each role.

If a company places an ad for a qualified truck driver and 150 people apply for the role, then the company knows it does not need to increase wages for that role. If the company has an open role for months, it is forced to look at the compensation package.

Same for a CEO. A board representing shareholders would like to hire a CEO for a lot less if they could. Their dream scenario would be to hire a CEO who brings in institutional investors, attracts top executives, drives innovation and growth, keeps margins steady and is a good public face for the business even under pressure. It turns out there aren’t a lot of these people looking for work and if you want one you have to pay more than other companies are offering.

The class struggle isn’t vertical it’s horizontal. CEOs are in competition with CEOs. Retail workers are in competition with retail workers. Demand and supply dynamics set the price.

Sure you can say that a CEO want’s profitability and would like wages to be lower BUT it’s not up to the CEO - demand and supply tension sets the price of workers. An Airline like RyanAir would like free pilots if they could get them but they can’t… so they pay the market rate.

The reason incomes are rising at the top and falling at the bottom is not class warfare. It’s technology and globalisation.

Technology makes basic jobs simple, remote or fully automated. At the same time tech makes executive roles more leveraged, more important and more valuable.

A CEO used to run a smaller organisation. Today a CEO who’s 2% better on a $5B company is generating $100M more. Seems sensible to try and pay a few million to get $100M.

Globalisation has put workers from all over the world in completion with each other - downward pressure on wages. Globalisation has given CEOs more market opportunities to explore - upside opportunity to unlock.

The rich are not very interested in buying houses that poor people own. The poor are not buying up the homes the rich want. They are separate groups living separate lives. Try finding the genuinely rich people whose strategy is to hoard normal residential homes - it barely exists as a thing. About 85% of landlords are people who own 1-4 properties. Super-landlords (100+ properties) are 0.2% of landlords and own a tiny fraction of the 30M homes in the UK… and they’re heavily taxed.

Class warfare isn’t real. It’s an imagined war in the minds of socialists.

Demand and supply dynamics are real. To the degree it is measured in class, it’s a horizontal competition not a vertical one.

[Steven Chase @stevenchase]

Former Liberal foreign minister Lloyd Axworthy, said he’s not comfortable with Mr. Carney’s “transactional” foreign policy. “He keeps wanting to say he’s erasing the Trudeau legacy. Well, it’s not just Justin Trudeau’s legacy, he’s erasing a legacy that goes back a lot of years for a lot of Liberals,” he said. “I mean, I was a Liberal since I was 17 and finding what he’s doing to be quite disturbing.”

https://t.co/1rNcUuXlQN

[Toronto Sun @TheTorontoSun]

EDITORIAL: PM’s selective morality is based on trade https://t.co/So1d43aLxB

[Harman Bhangu @HarmanBhanguBC]

The biggest myth in B.C. politics is that these tanker restrictions protect our coast.

Foreign tankers still sail these waters every day.

What the NDP has blocked is British Columbia’s ability to build a northern energy export corridor that could create thousands of jobs, strengthen our economy, and expand our trade with Asia.

British Columbians need policies that grow our economy, not block it.

[Sam Cooper @scoopercooper]

And this is just one botched story. Apply this observation from Glavin on the graves story across fentanyl, foreign interference, floor crossing coverage, coverage of Polievre, etc. It is ‘PMO influenced coverage,’ it includes PMO freezing out journalists and newsrooms that dig too hard. I have receipts, don’t care that much anymore, not trying to reform, rather out perform. “This is about #journalism. It’s about the collaboration of very powerful, influential, well paid editors and journalists”

[Valerie Anne Smith @ValerieAnne1970]

The biggest heist in American history — exposed.

The Federal Reserve just confirmed it:

U.S. NGOs are sitting on $14.2 TRILLION in combined assets — your tax money.

That’s more than the entire GDPs of India + Japan + Germany combined.

Congress didn’t just spend the national debt…
They racketed HALF of it into the single largest corruption empire on the planet.

This is the missing half of the U.S. debt crisis.
The root of the waste, the fraud, the open borders, the endless foreign handouts, and the shadow government that answers to no one.

They took your money.
Your children’s money.
Your grandchildren’s money…
and handed it to unaccountable organizations that grow richer while America bleeds.

This isn’t “charity.”
This is the greatest money-laundering operation in history — protected by Congress.

The racket is bigger than most countries.
And it’s funded by you.

[Dan McTeague @GasPriceWizard]

Noting like yet another coverup of public abuse of funds.

This is on you Liberal/Elbowzo suppprters.

Your contempt for decency and enthusiastic support for inside deals, whether SNC/Lavalin, bankrupt EV/battery makers or Brookfield is beyond contempt https://t.co/AKDS36cfSt

[Kirk Lubimov @KirkLubimov]

Canada's exports to the US grew for the 4th month in a row with a 1.5% increase in May.

Exports to all other countries have decreased again with a 0.3% drop.

Canada's trade surplus with the US increases $11.6B and deficit with the rest of the world widened to $7.4B.

[Glenn Diesen @Glenn_Diesen]

Suicide nation: "In Germany, the trains have stopped running on time, bridges have been shut over safety fears, and the country’s largest carmaker, Volkswagen, is cutting a sixth of its workforce."
https://t.co/sGDoTiVup4

[Lorrie Goldstein @sunlorrie]

EDITORIAL: Poilievre was right about everything
Prime Minister Mark Carney’s epiphany on pipelines is only one example of the Liberals’ many conversions on the road to Damascus that the Conservative leader advocated for, years before the Liberals. https://t.co/dxqPwVjwph

[Martyupnorth®- Unacceptable Fact Checker @Martyupnorth]

The internet is for ever.

An old video of Danielle Smith criticizing the deal she just signed.

[MikesMoneyTalks.ca @moneytalkstweet]

What do you think?
Given the Liberal government's promised expansion of $1.7 billion media subsidies for newspapers, magazines, television, and radio - incl the CBC - at what point do you consider the media a government department?

[Blacklock's Reporter @mindingottawa]

MEMO: @MelanieJoly's dept contemplates "legal action" against users on LinkedIn, Twitter, Facebook & other social media that it suspects of spreading "misleading information." 
https://t.co/r6XNHvEh5Q #cdnpoli @ISED_ca

[Royce Koop 🇨🇦 @RoyceKoop]

NEW COLUMN: Carney is drowning Canada in debt and we'll pay the price

Here's a number that should stop you cold: Canadian governments will spend $94.4 billion this year just on interest on their debts.

Not hospitals. Not nurses. Not tax cuts. Just money for nothing. What a waste.

Carney promised to spend less, then posted the biggest deficit in our history outside the pandemic. Manitoba's no better, with the second-highest interest bill per person in the country.

The bills always come due. And our kids and grandkids are the ones who will pay them back.

https://t.co/OZ7KtrDCF4

#cdnpoli #cdnpolitics