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Decentralized Democracy

House Hansard - 190

44th Parl. 1st Sess.
May 3, 2023 02:00PM
Context: House Hansard - 190 - May/3/23
Mr. Garnett Genuis
  • May/3/23 11:04:42 p.m.
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  • Re: Bill S-6 
Madam Speaker, that is a great point from my colleague. With the way government members talk about government spending, we would think it was their own money. They say they are going to give people this for dental care and give people this for groceries. There is no appreciation that this money comes from the people we are giving it back to. In every case that the government promises new spending, it should provide an explanation of where that money is coming from. It does create money out of thin air, I suppose, but the problem with that is it causes inflation, so somebody is paying for it regardless. The inflation tax is another way of taxing Canadians, but it still has the same effect of a tax. This is not to say that there is no place for government spending. There is absolutely a place for taxation and government spending. However, every time the government spends money, there is a corresponding cost and the cost is borne by Canadians. The government should acknowledge that when it is going out and defending its proposals.
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