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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 5:51:16 p.m.
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Madam Speaker, there is a perfect correlation in the fact that all governments that ran greater deficits ended up with higher inflation. Something that we do not hear bandied around any more, although we used to in the beginning, is the modern monetary theory, this whole new proposition that we can spend our way out of a pandemic, out of a major problem, and that budgets would balance themselves. There was new thinking, although money has been around for thousands of years, that we could just keep spending and there would be no consequences. Well, the consequences are here and they are very real, and Canadians see them every single day. This motion that we have is perfect, because it talks about going back to the table to return to balanced budgets. We have identified so clearly that Canadians know—
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  • Jun/21/23 7:52:49 p.m.
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Madam Speaker, I believe that at every step of the way, Conservatives have been providing solutions to this place and to the current government. The fact of the matter is that after eight years under the Liberal government, Canadians are struggling. We are hearing from our constituents in our ridings. Although the government assures Canadians that they have never had it so good, it only really shows how out of touch it is. It is time for the government to take economic policy seriously and return to balanced budgets. It needs to start paying attention to monetary policy.
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