We’re in the first week of Pierre Poilievre’s leadership, and he’s already sticking to his antagonistic playbook. He announced his leadership team first thing in the morning, with two deputies—Melissa Lantsman (a Jewish lesbian) and Tim Uppal (a Sikh) in order to inoculate himself against the usual cries that the party is racist and bigoted. A short while later, Quebec MP Alain Rayes announced he was leaving caucus and going to sit as an independent, because he didn’t like the direction Poilievre was going. (Cue everyone insisting that the party has “never been more united,” which is what they all say just before and after such an exit).
Doesn’t two deputy leaders seem…inflationary? https://t.co/HK3PZeVr6d
— Dale Smith (@journo_dale) September 13, 2022
Fast-forward a couple of hours, and the federal government has announced their assistance package for low-income people dealing the effects of high inflation, and Poilievre calls a press conference to react. And the spectacle begins. David Akin, one of the reporters present, takes offence that Poilievre insists he won’t take questions (and he hasn’t since he was made leader), and starts shouting questions at him. And what does Poilievre do? Call Akin a “Liberal heckler” (because the pool camera can’t see Akin as he’s behind it), and a few hours later, sends out a fundraising appeal to his base that plays victim, that the media is out to get him, and that they’re all protecting Trudeau, and that you need to send him money to take on both Trudeau and the media. It’s gross, it undermines institutions, it undermines democracy, but he doesn’t care. It’s his game. And most of the media in this country have no idea how to react to it, and it’s going to be a real problem going forward.
https://twitter.com/glen_mcgregor/status/1569903207555497985
https://twitter.com/mattgurney/status/1569872613228400642
As for the government’s assistance package (dental care for low-income children under 12, enhanced rent support for low-income people, doubling the existing GST tax credit, which again, targets low-income households—and yes, the NDP are loudly taking credit for all of it), there are some good analysis threads from Lindsay Tedds and Jennifer Robson, and because these are targeted at the low end, they’re really unlikely to drive inflation, unlike say the cheques certain provinces are sending out to everyone, whether they need them or not. And Poilievre’s insistence that this will make things worse because they increase the deficit (the deficit, if there will even be one this year, isn’t driving inflation—global factors are), and then demands that the government not raise taxes. The only taxes going up is the luxury tax on boats, private planes, and luxury cars. The carbon price is not a tax, and rebates more to lower-income households than they spend. CPP and EI premiums are not taxes. Higher taxes actually fight inflation, lowering them makes it worse. The absolute economic illiteracy should be mind-numbing, until you realises that he gets his information from crypto-bros on YouTube, which tells you pretty much everything you need to know.
https://twitter.com/LindsayTedds/status/1569770945895895042
Is an enhancement to the GST credit likely to be inflationary?
First Q (ht @kevinmilligan) is it big enough, proportional to nominal GDP, that this could sway things? Here's annualized change to nominal GDP forecast for Canada from the OECD. Yes, it's a forecast. pic.twitter.com/Vp1jhecW12— Dr. J Robson (@JenniferRobson8) September 14, 2022
Ukraine Dispatch, Day 202:
Russian troops are not only retreating from positions in the northeast of the country, they are also retreating in the south, and heading toward positions in Crimea. As these towns and cities are liberated, authorities are moving in to document war crimes against civilians. Of course, shelling does continue around the Zaporizhzhia nuclear plant, and Russians are still hitting Kharkiv, even though they have been repelled from the area, which is being taken as a sign of desperation. Analysts believe this rapid retreat is the sign of a spent Russian military, their approach unsustainable,
https://twitter.com/MarkHertling/status/1569704142167506944