$100 billion here and a hundred billion there, pretty soon we're looking at serious money
And not too long after that, we’ll be looking at bankruptcy. I gotta say I’m not impressed by Carney. For a supposed financial savant, he’s committing Canada to long term spending at levels totally beyond our capacity to pay. This is happening with little or no consultation with the public. All the while, mainstream media do their best to limit discussion. We can debate whether Korean or German subs might best suit our needs, but there’s no discussion at all about whether these legacy manned combat systems have any role to play in 21st century warfare. Same goes for warships and fighter jets. What the wars in Ukraine and the Middle East are proving right now is that war ain’t what it used to be. Big warships make big targets. The Ukrainian navy has pretty much kept Russia’s Black Sea Fleet in drydock for the past four years using cheap unmanned drones. In Israel, and in USA’s Gulf bases, Iran has destroyed the most sophisticated air defence systems in the world using cheap unmanned drones. Mark Carney is loading us up with at least $500 billions in obsolete technology that wouldn’t survive a one month war with Iran, let alone Russia or China. On the other hand, even while our new armoury becomes a smoking ruin, we’ll (or our children and theirs) continue to pay for all this foolishness for at least the next fifty years. That will require massive tax hikes, equally massive spending cuts, or some combination of both. It is high time we had a public debate on what kind of a society we want, and prioritize our spending accordingly.
Source: http://theviewfromfallingdowns.blogspot.com/2026/04/100-billion-here-and-hundred-billion.html
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