Crypto Lawn Dad 🤡🌎🇺🇦🎈

40M, 2kids, 3cats, 1horse, nerd, SC ops, forecasting models, crypto, lawncare, ancient history, @bluejays, #nextlevel, vegetarian, $BASIS, @basismarkets

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

@realDonaldTrump Imagine being so bad at running your country that you have to ask your neighbours to watch your borders for you.

[dAsh Goteem @GoteemAll]

@Tokyo_Xtreme Damn.

[Marianna Tzabiras @mtzabiras]

Premier Doug Ford is poised to send $200 cheques to 16 million Ontarians to offset rising costs.
Happy Halloween!

Oct. 18 animated editorial cartoon by Graeme MacKay, Hamilton Spectator Editorial cartoonist 👉

https://t.co/sUzmDcnkal

[Dan Knight @DanKnightMMA]

The Parliamentary Budget Officer just released its Economic and Fiscal Outlook for October 2024, and if you thought things were bad, brace yourself: the Trudeau regime is leading Canada into financial ruin. This isn’t just a bad fiscal year; it’s a long-term train wreck, and Canadians are the ones being shackled to the tracks. The Parliamentary Budget Officer (PBO) has laid out the facts, and they’re as damning as they come.

Out-of-Control Deficits—A National Disgrace

Here’s the ugly truth: Trudeau and his pals in the Liberal party have run deficits every single year since they came into power, and there’s no end in sight. The 2023-24 budgetary deficit is a staggering $46.8 billion, and it barely declines to $46.4 billion next year. They want us to believe that they’re "managing" the economy, but what they’re doing is mortgaging Canada’s future for more big-government spending.

Even worse, the PBO’s projections show that even by 2029-30, we’ll still be looking at a $22.5 billion deficit. That’s nearly a decade out, and they still won’t have the budget balanced! The debt is growing, and these people are pretending that’s normal. This is economic malpractice.

Trudeau’s Debt Mountain Is Crushing Canada

And let’s talk about the federal debt. The debt-to-GDP ratio is expected to sit at 42.2% in both 2023-24 and 2024-25. You think that’s bad? It is. It’s far above the pre-pandemic level of 31.2%, which was already high. But here’s the kicker—they aren’t even pretending to try to get it back to those levels. By 2029-30, the debt-to-GDP ratio will still be 39%. In other words, they’ve locked in these massive, irresponsible spending levels as Canada’s new normal.

Let me break this down for you: Justin Trudeau’s government is spending more taxpayer money to pay off interest on the national debt than it is to protect Canadians or ensure their healthcare. That’s right—this reckless spending spree is bankrupting the country, and here’s the hard truth.

In 2023, Canada spent $26.4 billion on National Defence. That’s to protect the entire country from foreign threats, secure our borders, and fulfill our NATO commitments—yet we’re falling short there. For a G7 nation, we’re barely scraping by, contributing only 1.29% of GDP to defense, well below what our allies are spending.

On the healthcare front, the Canada Health Transfer funneled $49.4 billion to provinces in 2023. Now, healthcare is a critical part of Canadian life—we’re talking about the lifeblood of a nation. Trudeau’s liberals love to preach about their commitment to public health, but here’s the kicker:

In 2024-25, $52.8 billion will go just to pay the interest on our national debt. Let that sink in. Debt servicing costs—not even reducing the debt, just keeping up with the interest payments—are more than what we’re spending to defend the country or fund healthcare.

This is insane. The Trudeau government is spending more to keep their out-of-control borrowing going than on protecting Canadians or ensuring their health. $52.8 billion—blown on interest—is not keeping Canadians safer or healthier; it's just enriching bondholders and banks. Meanwhile, your healthcare is underfunded, and our military can barely meet its basic obligations.

Look, Trudeau loves to talk about “investing” in Canada, but all he’s really doing is putting the country on a credit card and sticking you with the bill. What happens when those interest payments keep growing? They’re expected to rise to 11.2% of total revenues by 2029-30—do you think that’s sustainable? Do you think you’ll get better healthcare or a stronger military while Trudeau sends billions to pay off debt?

We’re not “investing” in the future. We’re mortgaging it. And while you struggle to make ends meet with higher taxes, food inflation, and energy costs, Trudeau’s government is spending your money to pay off interest on his reckless spending, not on making your life better.

Debt isn’t some abstract figure—it’s future tax hikes, it’s lost opportunities for Canadian families, and it’s a massive liability that future generations will have to shoulder. But Trudeau doesn’t care about that, does he? His goal is to stay in power and keep the spending spigots wide open to buy off his voter base.

Interest Payments Are Bleeding Canada Dry

Here’s another fun fact the Liberals don’t want to talk about: debt servicing costs—the money we’re paying just to cover the interest on Trudeau’s reckless borrowing—are skyrocketing. In 2024-25, 10.6% of total revenues will go just to cover interest payments, and that’s set to rise to 11.2% by 2029-30. That’s over $67 billion a year by the end of this decade.

That’s not money going to schools, roads, or healthcare—that’s cash going straight to foreign bondholders and big banks because Trudeau decided to spend like a drunken sailor. By the way, the pre-pandemic debt service ratio was 7%. Thanks, Justin.

More Revenue Means More Spending, Not Fiscal Responsibility

Now, if you thought that all this tax revenue might be used to shrink the deficit—sorry to burst your bubble. Government revenues are projected to increase from $461 billion in 2023-24 to $606 billion by 2029-30. That’s a massive cash influx, but instead of putting it toward reducing the deficit or the debt, Trudeau is using it to expand his bloated, bureaucratic government.

Program expenses—that’s the fancy term for how much the government is spending on itself—will rise from $486 billion in 2024-25 to $565 billion by 2029-30. They’re taking in record tax revenue, but they’re blowing it all on big government programs and giveaways to their friends.

Meanwhile, Canadians are struggling with skyrocketing cost of living. Does this sound like fiscal responsibility to you? Or does it sound like a government feeding its own appetite while telling you to tighten your belt?

Tax Increases Are Coming, Whether You Like It or Not

Here’s the dirty little secret the PBO report exposes: Trudeau’s government is planning to squeeze every last cent out of Canadians. We’re already seeing an increase in personal and corporate income taxes, but it gets worse. Fuel charge proceeds—what they call carbon taxes—are expected to nearly double, going from $10.6 billion in 2023-24 to $22.9 billion in 2029-30.

That means higher costs for everything—from filling up your car to heating your home—and they have the audacity to pretend that this is about "saving the planet." In reality, it’s just another way to rob Canadians blind while making it harder to afford basic necessities.

Stagnant Economy, Rising Unemployment

The Liberals are content to blame inflation on “global factors” and pretend that they’re doing everything they can to get the economy moving. But the PBO’s real GDP growth projection tells the real story. Economic growth is expected to be a measly 1.1% in 2024, with a slight rebound to 2.2% in 2025. In short, we’re not growing fast enough to support the spending addiction.

Meanwhile, the unemployment rate is projected to stay above 6% until 2026. That’s a recipe for disaster. How do they expect Canadians to pay higher taxes, higher energy bills, and higher debt service costs if the economy is in the dumps and jobs are scarce? But of course, Trudeau and his cronies are fine—because they’ll never feel the pinch.

Final Thoughts

Let’s be crystal clear about something: Justin Trudeau and his Liberal cronies aren’t managing Canada’s economy—they’re spending Canada into the ground while jet-setting off to cocktail parties with French President Emmanuel Macron. Why? Because they know that their reckless spending spree is unsustainable, but they don’t care. They’d rather hobnob with elites overseas than fix the mess they’ve made at home. And while they’re dining in Paris, you, my fellow Canadians, are struggling to afford groceries.

You think I’m exaggerating? The latest stats are shocking. According to Canada’s International Transactions in Securities report for August 2024, foreign investors divested $11.9 billion from Canadian equities. Yes, you heard that right—$11 billion with a capital B. Foreigners are running for the exits, ditching Canadian shares because they know this government is steering the economy straight into the ditch. But guess what? You can’t run. You’re stuck here, dealing with the mess they’ve made, and it’s not like your life is getting any better.

Food inflation has skyrocketed by 21% since 2021. Every time you walk into Superstore, your Canadian dollar is worth less and less. Groceries are getting more expensive by the day, rent is out of control, and homeownership is now nothing more than a pipe dream for millions of Canadians. This is the cost of Trudeau’s irresponsible, socialist policies that have driven this country to the brink.

So I ask you: Why are we letting these Liberals get a pass? Why isn’t the mainstream media calling this out? Well, that’s easy—they’re on the government payroll. The Trudeau Liberals have been funneling millions to media outlets to ensure they stay quiet. You’re literally paying for the propaganda machine that covers for Trudeau’s failures, all while you get poorer.

Enough is enough, Canada. This is not just about deficits and debt; this is about the future of the country. We need a return to austerity—and we need it now. We need to slash government spending, cut taxes, and bring fiscal discipline back to Ottawa. If we don’t, the Canada we know and love will be nothing more than a memory.

Trudeau isn’t helping Canada—he’s destroying it, one dollar at a time. And the longer we allow this to go on, the harder it will be to claw our way back to prosperity. But I believe in the strength and resilience of the Canadian people. It’s time to stand up and demand real change. It’s time to stop Trudeau’s reckless spending and restore fiscal sanity before it’s too late.

Wake up, Canada. The Liberals won’t stop on their own. It’s up to you to take your country back. The time for patriotic action is now. Let’s make Canada strong, free, and financially secure again.

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

Do youths these days know what a full service gas station is?

[Barstool Sports @barstoolsports]

The Dodgers after deferring $680 million of Ohtani’s contract til 2034

(Via @JFrankensteiner )

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

@Ken_Rosenthal @EvanDrellich Never thought I could hate another team as much as the Trash Astros, but here we are! 🤡🌎

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

@MLB @Dodgers Can I defer payment on my purchase?

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

@HFTVSports Based!

[HFTV @HFTVSports]

Marc-Antoine Dequoy's speech for the ages (TRANSLATED TO ENGLISH)

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

@vocalmedia Very true. Rogers corporate brought in another white collar hot air talker and it pissed AA off.

[Vocalmedia™ @vocalmedia]

Advice to #Rogers, the #BlueJays owners:

Open the vault, get on your knees and beg Canadian #AlexAnthopoulos to come back to run Toronto Blue Jays - top to bottom - however many roles he wants and whomever he wants to hire.

Give him a blank cheque. Give him 5% of team or more.

[Keegan Matheson @KeeganMatheson]

José Berríos on the reasoning that was behind moving from him to Yusei Kikuchi early:

“Honestly, I don’t know. Other than that, I can’t control that. Like I said, I did my best for those first 12 batters.” #BlueJays

[Brent Albrecht @RadioBrent]

Your 2023 blue jays

[Toronto Blue Jays @BlueJays]

🚨 YOUR GAME ONE LINEUP 🚨 #NextLevel

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

I guess according to ⁦@MLB⁩ ⁦@Rangers⁩ no longer have a team 🤡 #nextlevel

[Alex Brogan @_alexbrogan]

If you're prone to people pleasing, read this:

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

@fordnation Hey Douggie, how’s that resignation letter coming along?

[Crypto Lawn Dad 🤡🌎🇺🇦🎈 @CryptoLawnDad]

Win the series against the Yankees and you pretty much guarantee a playoff spot. Of course they dont score a single run in the first 2 games. Experience Blue Jays Baseball. #NextLevel