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The Sept. 23 throne speech is, in the irritating modern jargon, a “concerning” document. The speech explicitly stated that today’s aberrantly low interest rates create an opportunity for massive deficit spending because “there is a global consensus that governments must do more … while also locking in the low cost of borrowing for decades to come.” There is no such consensus and the financial markets won’t be bilked like that indefinitely to enable the federal government to finance the farrago of socialist ambitions that it outlined in the speech. If this really were the case, the government would be better advised to increase spending only moderately, and abolish all forms of taxation that inconvenience the lower half of income earners, as they know better what to do with money left in their hands than the legions of busy federal government spenders conjured in the Governor General’s speech like a mass of Wagnerian Nibelungen hurling money out of the windows of every government department. There was the now customary overarching emphasis on the coronavirus and the tired pieties about “fighting climate change” and “systemic racism.” (Racism is being constantly excoriated and reviled and hunted down and whatever else it may be, Canada’s “system” isn’t racist. This has become a monstrous, ghastly, fraudulent cliché.)