EI Fund

[jazz]

In the late 90s the EI fund was drained of some $41B surplus to tackle the debt.

Today Freeland drained the fund again to pay people not to work and smoke dope.

https://www.bnnbloomberg.ca/feds-to-replace-cerb-with-new-benefit-simplified-ei-program-1.1482686 Feds to replace CERB with new benefit, simplified EI program

[SASKFARMER]

Welcome to new improved Venezuela before they run out of our money. Same send cash to friends We all love this shit show

[furrowtickler]

[Austrian Economics]

All this alleged "simplification" of these programs is intended to pave the way for some sort of formalized, universal system whereby people are paid to do nothing in the form of a Guaranteed Annual Income. A recent National Post article estimated the annual cost at between 60 and 170 billion. And that figure assumes that we would fold the EI tent, so this amount is additional federal spending over and above any existing programs.

Annually. Let that sink in.

[Chief]

They complain about the cost of health care and education but can find extra money to pay people to do absolutely nothing. WHAT THE HELL????

[furrowtickler]

All this alleged "simplification" of these programs is intended to pave the way for some sort of formalized, universal system whereby people are paid to do nothing in the form of a Guaranteed Annual Income. A recent National Post article estimated the annual cost at between 60 and 170 billion. And that figure assumes that we would fold the EI tent, so this amount is additional federal spending over and above any existing programs.

Annually. Let that sink in.

That is exactly where this is going

[macdon02]

And the incentive to farm "more" will be done till they run out of money, then you can't have enough because the credit market will be totally vaporized. Times are a changing....

[seldomseen]

Boy oh boy Reading this Almost makes me sick and just wonder how we stop this madness?

[blackpowder]

Most reading will confirm this is what they're up to. Alarming but not surprising.
Can the premiers stop it?
We'll see.
Thinking most will want it.
Bails them out too.
We are about to see the largest tax increases in our history.

[fjlip]

Boy oh boy Reading this Almost makes me sick and just wonder how we stop this madness?

Tried in France 1789, reset...