[Ironhorse]

Originally Posted by PepsiFree

Carney was an informal advisor regarding Canada’s economic approach to the COVID pandemic, and then came on as chair of the economic growth task force in September 2024.

He was also in charge of Canada’s monetary policy through the global recession, and England’s through Brexit. Not sure if conservatives are stupid or just don’t know how to win an argument without lying, but it just looks pathetic at this point. They’d be kissing his feet if his signs were blue.

Ask the English how well that went:

https://nationalpost.com/opinion/bri...ut-mark-carney

The wide range of criticism included Carney’s left-wing politics, such as his championing of radical environmentalist policies like net-zero emissions, along with his opposition to Brexit, his political inexperience, dull personality, volatile temper, lousy track record at the Bank of England and more.

As Lynn noted, “Over eight years at the Bank of England, Carney was at best an indifferent governor, and, at worse, a disappointing failure.“ Despite his huge salary of more than £600,000 a year, more than any of his predecessors had been paid, he seemed to have little feel for the role. The City quickly nick-named him ‘the unreliable boyfriend’ for his constant changes of direction on interest rates.”

By the time Carney left the central bank, he had “created a mess which his successors have struggled to clear up. Inflation spiked up to a peak of 11.1 per cent in the U.K., compared to 5.2 per cent in France or eight per cent in Italy, hardly a country known for controlling prices effectively, largely because the bank had printed too much money.”

Here’s the real kicker: “Carney is the epitome of a remote, globalized, technocratic elite. He is very good at self-promotion, at collecting trophy jobs and of course negotiating fabulously generous salaries and expenses for himself along the way. He is just not very good at delivering.”

Canadians should keep Lynn’s analysis in mind when they eventually head to the polls. Indeed, the British media warned about Carney for years. Many on the left and right didn’t particularly like him, and often spoke out strongly against him. Canada’s Liberals either weren’t aware of what was being said, didn’t heed the warnings or ignored them entirely. If the Carney experiment fails, we’ll know exactly who to praise — and who to blame.