This is HUGE.
India sells massive amounts of generic drugs to the U.S., supplying roughly 40% to 47% of all generic prescriptions.
This is going to have grave implications.
Corporate Subsidies in Ontario
😮 2014 - $2.9B
🤯 2024 - $11.9B (+ 209% 📈)
2014-2024 Inflation - 28%.
How’s that working out?
It’s time to end the favoritism, stop picking winners, and create a more competitive economy for everyone in Ontario.
https://t.co/ZAKmrLUtYG
@raygaurca Such ignorance of pain and casualities many go through despite of paying huge taxes for it and with no alternate option given to them. It is the worst healthcare system any country could ever have..
Ghonchu! Wealth in artificially inflated house prices!! And thay median guy would just be making less than 100k a year and his/her family would just be surviving various govt credits
UBS 2026 Global Wealth Report confirms the typical (ie. median) Canadian is 2x wealthier than the median American. Cda ranks 7th on median wealth, US 28th. Galactic hoards of Musk, Bezos, et al inflate the US average but virtually none flows to most Americans. #canlab#cdnecon /2
Thank you Sean! It’s time for a growth mindset in Ontario, and Liberal Politics.
The way we solve scarcity problems is with capacity and production. Whether you call this an agenda of Liberal Abundance, or one of Liberal Developmentalism, it is an attempt to break our politics out of zero-sum thinking that has captured the minds of too many in Canada.
“The substance is as notable as the scale. The platform’s signature commitments include making Ontario “the cheap-power capital of North America” on the theory that electricity abundance is how the province industrializes and decarbonizes at the same time, putting homeownership within reach before age 35, a tax-and-permitting agenda of “simpler taxes, faster permits, fewer subsidies,” and a major expansion of doctor training.
What unites these commitments is that they add up to a macroeconomic agenda oriented around growth rather than equity—a clear departure from the Trudeau-era progressivism that has defined Liberal politics for the past decade. The through-line is supply: more housing, more power, more infrastructure, more doctors.”
The braindead ideology of Canada's left on full and perfect display here👇
Virtually every health care system in the developed world has universal, public access, but permits various forms of private payment.
The social democracies of Scandinavia and Western Europe, Australia and New Zealand, Japan and South Korea, et al.
Canada is an extreme outlier in trying to maintain a rigid state monopoly that prevents innovation, driving desperate Canadians to seek care outside our country.
That's why we are in the top quartile of the OECD on health care expenses, but the bottom quartile on results, e.g. diagnostic and surgical wait times.
But the Canadian left is "horrified" by the idea of adopting aspects of systems with universal insurance that deliver better results at lower cost.
Their message to families desperate for timely care: just keep paying more, and keep waiting longer. Don't you dare step out of line and ask why the French, Swedes, Aussies, or Japanese et al can get faster care at lower cost.
Prime Minister Carney is taking a different approach to provincial health care reform.
Rather than discouraging innovation, his government appears open to Alberta testing policies already used in many high-performing universal health care systems around the world – including the policy of letting patients choose between using the public system or paying for private treatment.
When millions of Canadians struggle to access care, new ideas deserve a fair hearing.
Read the open letter and learn more:
https://t.co/kSE6nkVZBs
"What is the point of India spending billions on its image, like raising swanky airports?
Is the idea that someone would land at such an airport, be blown away by it, and then when he is stuck in the hell hole of the Indian city, inhaling poisonous air, he is going to think how fine the airport was?
What is the point of brand-building exercises when anyone who lands here can see within five minutes that things are a mess, we do not know the meaning of planning, and we are a danger to ourselves?"
Good one by @manujosephsan
https://t.co/X3Gep9v70R
Krugman: "I do think that conditional tariffs on Chinese cars are probably going to be necessary."
While it's sensible for countries to have an industrial policy vis-a-vis China, I have an issue with the double standards at play here.
When developing countries were advocating for tariffs and other protectionist measures throughout the neoliberal era in attempts to catch up with the West, Krugman and many other economists staunchly defended free trade.
Now that some developing countries have become a competitive threat, the economists that once defended free trade say that tariffs are "necessary."
Everyone is outraging after The Economist article on India’s pathetic government websites.
The elephant in the room: We need a smart, educated, English speaking, well read, tech savvy politician who has his heart in the right place. A visionary, a dreamer, a doer. A secular democrat. A sense of humour too.
What we have is substandard, subpar frauds. India has moved beyond these old fogey wheeler dealer criminal variety of crooks masquerading as our hope.
Multimillionaire career politician and landlord who lives in a taxpayer-funded 19 room mansion with maids, butlers, free food, and an unlimited expense account, wants you to believe he’s a champion of the working man as he’s being driven around in a chauffeur-driven car.