Mr. Speaker, the Liberals have proven again that trickle-down economics does not work. They said that if they printed cash, gave it to government and bought up financial assets, this money would eventually trickle down to the working people.
In fact, it all stayed on the top, and the billionaires got one-third richer in the first six months of COVID while the working class saw its real wages decline. Inflation is now rising twice as fast as wages. It is a massive wealth transfer from the working poor to the super wealthy. Conservatives want to reverse the trend, stop the big government, stop trickle-down economics and restore a bottom-up paycheque economy.