Debt legacies for the prime ministers are measured by calculating the change in debt during their respective tenures. In 2019, federal debt per person is expected to reach $32,589.
Justin Trudeau is projected to be the largest debt accumulator among prime ministers who did not fight a world war or experience an economic downturn during their tenure. Pierre Trudeau recorded the next highest per person debt increase during his second tenure. He increased debt by 58.8 percent.
Is there a pattern to be recognized here? In simple terms, one could argue Trudeau family prime ministers enjoy accumulating public debt– but why? Does this debt accumulation “coincidence” between father and son convey a measure of altruism toward the people of Canada?
Hardly. In fact, it is very much inline with the political philosophy of the Trudeau family: if you can’t enslave the public on an ideological basis(both have desperately tried), then enslave them on a financial basis.
The unspoken piece neglected by media is who benefits from this. Media speak of debt, but never exactly who we are indebted to–which, of course, is an international banking cabal(Think George Soros) making billions of dollars from interest charges.
In this capacity, Justin Trudeau is number one with a bullet. By way of transferring billions to non-democratic Third World governments, Mr. Trudeau pleases those he is working for— United Nations, Middle Eastern governments, billionaire banker Soros, and his globalist “Open Society”(they really mean it) and various other global power players.
Who suffers? This would be the usual suspects. Old Stock Canadians and their families, who after decades of mass immigration still form the largest Canadian tax payer base.
Is there another recent example of a Liberal leader who sent debt into the stratosphere? Yes, Katheen Wynne, ex-premier of Canada’s largest province, Ontario. Racking up a massive $400 billion in debt accumulation, think-tank the Fraser Institute described the circumstances as a financial “lost decade.”
Justin. Pierre. Kathleen Wynne–all Liberal, all accumulators of massive debt and deficits for Canadians, and their nation as a whole.
Pierre Trudeau 1968-79 1980-84 Debt: $157.2 billion 738.7% INCREASE
— B. SALZBERG