Tuesday, October 20, 2015
A Lefty Was Just Elected Prime Minister of Canada
Justin Trudeau, the eldest son of the former Canadian prime minister Pierre Trudeau, has just been elected prime minister of Canada.
Trudeau is a big league interventionist. He would like to increase taxes on Canadian citizens making more than $200,000 a year. He also wants to double national spending on infrastructure, which would create a "modest short-term deficit" for the country.
He has said that a national daycare program should be a priority.
According to The Globe and Mail, on a recent campaign stop, when a student asked about the high cost of tuition, the Liberal Leader said society has an interest in more people going to university, and so it should invest in that – up to the point where it is good for society as a whole. So instead of giving $1,000 to everyone who goes to university, it is better to give $5,000 to those people “for whom it makes the difference of going to school” or not.
Trudeau has also extolled "the virtues" of carbon taxes.He also supports the establishment of a Low Carbon Economy Trust. The Trust would provide funding to projects that materially reduce carbon emissions under the new pan-Canadian framework, the Liberal Party Web site says. It would be given $2 billion in funding.
He has vowed that he will work "right away" to see that marijuana is legalised.