Democracy and Budgets
What is the Difference Between Democracy and Constitutional Republic
The main difference between democracy and constitutional republic is that in democracy, the general public has the highest power whereas, in a constitutional republic, the constitution has the highest power.
Democracy and constitutional republic are two common forms of government in the modern world. In both these forms of government, the people select the head of the state and other officials under a free electoral system. Moreover, these two systems share many similarities, and many people use these two names interchangeably.
The Failure of Liberal Democracy
What the Collapse of America and Britain Teaches Us About the Future of Political Economy
Right about now, we’re entering an age of apocalypse. Everything from climate change to mass extinction to resurgent fascism is bearing down on us, like a tsunami of catastrophe. And that has everything to do with one of the greatest failures in history: the failure of liberal democracy. In this little essay, I want to tell you that story the best that I can.
Take a look at the chart above. It’s about Covid, but it could be about anything. I could take literally any indicator whatsoever — trust, wealth, happiness, closeness, warmth, satisfaction, the health of democracy itself — and you’d see a clear, historic, era-defining trend emerging. America and Britain would be — and are — cratering — while societies like Canada and Europe pull decisively ahead.
Ahead of Budget 2022, Liberals eye more spending as inflation fears grow
Canada’s Liberals find themselves in a bind ahead of this week’s budget: the economy has recovered from the pandemic, yet Prime Minister Justin Trudeau has pledged billions in new stimulus that could further fuel runaway inflation.
Trudeau’s Liberals will present their 2022 budget on Thursday, just seven months after promising $78 billion in new spending in a re-election campaign.
Much of that, expected to be spread over five years, has not yet been budgeted.
Will Trudeau Fall?
QUESTION: Marty, you said Socrates projected that 2022 would be a Panic Cycle in politics. You also said that would be global and impact Canada as well. If I am not mistaken, I think 2022 was the 3 wave of your ECM in Canada. You were the first to say that COVID was organized and you were the first to point to this as a plot from the WEF and Schwab. Do you think this bold initiative of Schwab will collapse sooner rather than later?
ANSWER: Yes, 2022 was not only our Panic Cycle in politics, but in Canada, it was the culmination of the 3rd wave from the Confederation of Canada in 1867. The politics began to change in 2018 but Trudeau was taking orders from Schwab as has been in the case in Australia. I have actually shaken hands with Schwab.
Trudeau is living in a dream world when it comes to economics
Middle-class Canadian taxpayers are in for a world of hurt as a result of runaway Liberal spending.
Since the Trudeau government came to power in 2015, federal spending has increased by 82 per cent from $248.7 billion under Stephen Harper to $452.3 billion in the current fiscal year.