Quote:
Originally Posted by Doctorfever
What do the Trudeaus and covid have in common?
He does know that we actually have to pay back the debt, right?
Way more costly now that interest rates are up.
It’s now costing Canadians 4.58 million dollars to service our debt.
That not per month, that’s not per day.
That’s PER HOUR.
How are we going to spend our way out of this one? We either have to raise taxes or cut services (or both). Boy, I can’t wait for a tax increase, less money for families already dealing with huge cost increases due to government spending. |
Since I posted this, less than 4 days ago, it has cost Canadian taxpayers 856 million dollars just to service our debt.
We could do a lot of good with that money, I’m sure our healthcare system could use that money. But it is gone. Into thin air. What an absolute waste.