DISHONEST: Trudeau Falsely Claims He Set Aside Money For “Rainy Day”

Running deficits is the opposite of “setting money aside.”

While the Trudeau Liberals have gotten a few aspects of the financial response to the CCP Coronavirus right (while failing totally on protecting the country by leaving the borders open), he is now making patently false claims about what led up to that fiscal response.

In a recent press conference, Justin Trudeau falsely claimed that his government has been “setting aside” money for a rainy day:

“Fortunately, Canada has taken responsible decision over the past many years to have one of the best balance sheets in the G7, we’ve been making sure we have money set aside for a rainy day. Well, it’s raining we are now able to invest in Canadians”

As noted by Pierre Poilievre, Trudeau’s claims are 100% wrong:

“Incredible: Trudeau now claims he “set aside for a rainy day”. He did not pay off one penny of debt or put one penny in a rainy day fund of any kind. In fact, he added about $70B in new debt before the first COVID case hit our shores. He started this year w a $27b deficit”

Trudeau – and politicians around the world, have embraced one part of Keynesian economics – using government spending to make up for a devastating drop in private demand.

Now, the problem is that the other aspect of Keynesian economics – running surpluses in good times – has been ignored.

So, while using mass government spending to stop a total economic collapse is a good thing, it is simply false for Trudeau to say he set money aside.

All this spending is borrowed, and Canada’s debt was increased for years, even during a growing global economy, and even though Trudeau was handed a budget surplus by Harper.

As you know very well, this is a time when Canadians need to be able to trust in our government, yet Trudeau is making that impossible by repeatedly telling falsehoods, making stunning reversals, and being late to take action.

Spencer Fernando

Photo – Twitter

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Moe S.ShelleyGuy-Paul Royshawn harrisThomas Tass Recent comment authors
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Jane
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Jane

Trudeau IS the biggest LIAR in the world. It’s all you really need to know…

Thomas Tass
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Thomas Tass

He is the G20’s number one political grifter.

jim
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jim

Budgets balance themselves. Or so I have been told.
The Canadian electorate is so obtuse it is embarrassing.

old white guy
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old white guy

Obtuse does not begin to describe it.

D met
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D met

He is a liar! When our economy tanks, following the coronavirus, it is my belief that many people will find that their pension plans, RSP‘s, etc. will have been raided

Del
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Del

Remember that he passed Bail-In Legislation shortly after the 2015 election. This allows Banks to confiscate all our savings and chequing accounts and all our investments, and issue Bank shares. Other than Liberal voters, who in their right mind would want shares in a failing / failed Bank? Trudeau, the Liberals and his controllers like Soros, as well as foreign-funded enviro-terrorists like Tides and Dogwood, have been planning for the destruction of Canada and the Canadian economy for many years. If Trudeau and his Liberals win the next election, watch for cash to become illegal all transactions to require a… Read more »

Moe S.
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Moe S.

South Korea, there are 18 million surveillance camera’s watching citizens, one camera per 6.3 people. As well as constant surveillance citizens are tracked by ‘cashless’ transactions using plastic debit and credit cards, plus individual cell phone transactions. There’s no escaping the surveillance. They know where you are just by tracking your cashless transactions. (The Post Millennial Opinion article March 25th/2020)

Thomas Tass
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Thomas Tass

Tomorrow the Trudeau cabal increases carbon taxes by 50% Remember that when you cannot pay your grocery bill, rent etc.

Marian
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Marian

One thing consistent is the Lies and Ethics !

Gary major
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Gary major

Lack of ETHICS!

old white guy
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old white guy

The MPs gave themselves a raise as of April 1st and the carbon tax is about to go up yet the money being spent is borrowed because we are broke. There is no rainy day fund for anything.

Reader
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Reader

Telling lies is what Trudeau does best. He wouldn’t know honesty if it hit him in the face.

Ron Shaw
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Canadians deserve better , Western Separation must be on the political table now !

Rita
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Rita

Don’t worry. The Liberals made a rainy day fund. And there is no human to human contact. Also, masks will not help slow spread of virus.

Del
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Del

This isn’t a “falsehood”, it is a flat out blatant lie and he does it so casually. Liberal culture.

shawn harris
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Trudeau had a chance to prove just how trustworthy he really was, in 2015, he has was handed a surplus of 3 billion dollars and promptly turned that into 30 billion dollar deficit. He has destroyed the oil industry , divided the country and now still believes, in his own eyes, that he is someone Canadians can trusted. Every single word that spews out of his deceitful mouth is just yet more lies, especially this whopper of a lie, “we saved money for a rainy day”. Does Trudeau really think Canadians will swallow that logic, that you can actually save… Read more »

Guy-Paul Roy
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I really should not comment here as I cannot listen to the Turd in the Punch Bowl anymore. Justin, Butts, and Telford have all but destroyed Canada as NONE were voted in. How did the Liberals ever get in when Sheer got the Majority?

Shelley
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Shelley

Wait till the new Corrupt Carbon tax starts tomorrow It’s not an April fools joke. ‍♀️ Hmmmmm is he still on house arrest NOT self isolation like he said. WWG1WGA.
The storm is upon us.