peer reviewed empirical economic studies have suggested that the consumer carbon tax contributed to on the order of 0.25% or less of the inflation we were experiencing, which was nearing 10% at some points. i would expect mark carney to explain that to people, not to parrot ignorant talking points by his opponents and in the process severely damage his credibility as a talking head and economic manager.

conversely, his import tax policy is going to lead to 25% or higher increases on staples like orange juice, across the board.

it is predictable that the replacement of the intentionally very progressive consumer carbon tax with an intentionally very regressive consumption tax on imports will lead to a 100% or higher increase in inflation on staple goods, and you should expect that to be the consequence of this very stupid and economically ignorant shift in tax and fiscal policy.

if this is designed to win votes, make it backfire - do not vote for the banker. make the fuckers pay.

in fact, this is going to decrease my income by about 3%, which is substantive given how poor i am and is about the dumbest thing he could possibly do, if his intention is to benefit low income canadians. the carbon rebate was extremely beneficial for poor canadians. this will severely harm affordability measures for those with the lowest incomes.

further, this will have no discernible effect on inflation and carney should be embarrassed for parroting the overwhelmingly ignorant and economically specious and false argument that carbon taxes were responsible for inflation. people should take note of that, as it undoes his credibility as an economics expert and reduces him to a populist buffoon running on ignorant policies with no basis in empirical science. however, his replacement import taxes on american goods actually are a tax on everything that will increase the price of everything, and are coming without any sort of attempt to offset their extremely regressive nature. this is a double whammy on poor people, as it takes away something we rely on and then kicks us in the gut with a huge inflationary price hike immediately afterwards.

the result is more inflation and less money to offset it for those that need it. this will have real consequences for disabled people, for the working poor and for child poverty.

it seems like the conservatives have already won and we're already back to the ignorant backwardsness of ideological market economics, which is not a science but a religion. high priest carney is going to enforce his faith in markets on all of us, whether we share his belief system or not. i'm not in a liberal riding, i'm in an ndp riding, but i certainly won't be voting for them.

i'm going to have to vote for the green party on principle, and i hope carney loses. there's no difference between the liberals and conservatives at this point; when that happens, you have to stop voting for the liberals, to force them out of office and make them refocus. if the liberals are going to position themselves as indiscernible from the conservatives, i'd rather see the conservatives win and the liberals be sent into opposition.

https://www.cbc.ca/news/politics/mark-carney-drops-carbon-tax-1.7484290

i've updated the super mega total genesis discography for 1964-1969. because everything always begins with the beatles. pun intended.