With Ezra still in Europe, I'm continuing to guest host. Tonight I'll tell you what the Liberals are planning to spend your tax dollars on.

The Liberals campaigned on "infrastructure investments," and that sounds fairly reasonable.

Except that as I've been warning you for months -- and almost no one else in the media has -- those words mean different things to the Liberals than they do to you and me.

Did you know that "infrastructure" could mean a national daycare program, for example?

Oh, and big spending on... public art.

I'm serious: A bike path with a mural on it. THAT'S what they mean by "infrastructure."

WATCH while I explain all the depressing details.

Then my guest Dr. Ian Lee, professor of economics at the Sprott School of Business, tells me that Harper left Canada in great shape. As an economist, he has no problem with deficits and spending under very specific circumstances, like the Great Depression.

But Lee adds that there is no justification for such spending right now.

He also explains how a carbon tax will permeate all facets of our lives and reduced discretionary spending across the board. Don't miss it -- Dr. Lee lays everything out in layman's terms.

And of course, we end with your emails to me!

Thanks for watching, as always.