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ExFlyer

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Everything posted by ExFlyer

  1. Huh? What is your question or point? The economy is driven by many factors and only one, and a small one, is workers and then workers wages. Also, I said "Or is it that millennials cannot work within their economy?" meaning, can they not live within their own means. Not all economic change improves your life, high interest rates change the economy, do they improve your life?
  2. Or is it that millennials cannot work within their economy?
  3. Disingenuous about what?? I lived through the 70's and 80's. I know inflation and high interest and increased wages. Level playing field for who? What? When and why? Never said Weston was a regular working schmoe. I did say his brad contracted him and gave him a wage they felt was commensurate to the job. I suggest you have a job that pays you commensurate to your skills. If that is not enough, then I suggest you improve yourself. Wage increase affect the economy. Higher wages = higher costs. Inflation is a direct result. Millennials, like all the generations before them have to learn to live within their means and prioritize their wants and desires. 2 cars and 2 vacations, designer clothes and restaurants every other day or, do with less and save it for a down payment. BTW, owning a house is not and never has been a right. Millions have lived in rentals their entire life. Millennials have the same chance as every generation before them, they just prioritize differently. Not saying all millennials have priority issues, just as not all previous generations but those that made wise decisions, did OK Average wage in Canada is now $70K . Most families are 2 income as opposed to Boomer generation which were single income. Average house price in Canada is a touch over $600K, knowing that the major cities skew the price.
  4. Well said and right on. Bottom line is it is your responsibility to take care of yourself now and in the future. No one else cares about you.
  5. Oh you peon LOL Only peons whine about how little they have and cry about others that are better off. I speak from reality, not some imaginary world. I worship no one and I also do not begrudge anyone from getting the most they can. Other solutions? To what?
  6. Never said they were. The response was to a poster mentioning the top 1% earners. The thing is, this forum is obsessed with who makes how much money.
  7. The "top 1% of income earners" have always been the top 1% and will continue to be. Fact is, the top 1% are being searched for, contracted for and offered those salaries to run the corporations. They do not set their salary, they are given it to work for the corporations. We little peons need be cognizant of those big corporations for providing jobs and products for us to consume.
  8. Easy to throw out rhetoric but a bit more difficult to justify and make your point?
  9. I asked you who "They" were when you made your post "They also promised a level playing field. I think we can definately blame the government for not doing a lot more to ensure that happened, but then that's on us for not doing more to ensure our government was an honest broker. " If you blame Canadian government for inflation, you are most likely wrong. Canada is actually a small player int en world economy and follows the inflationary trends of the world. It goes up in the US and it goes up here. We do not control our inflation, we produce very little and we consume so, higher costs in other nations drive our inflation. As for the Galen Weston issue you seem to have (along with others that complain about wages of CEO's), it is stupid. CEO are recruited and offered positions and salaries because the corporate board deems it need the specific person to guide and lead the corporation. Governments have nothing to do with CEO contacts or salaries. A salary comes with that offer. An obsession with their salaries is unfounded and myopic. Do governments kowtow to these major corporations? Of course. Why? Well, because they employ tens to hundreds of thousands of people. Keep the corporations happy and they keep Canadians happy with employment. What precise language and of and for what?? "Level Playing Field Act" of what???
  10. Gawd...it is what it is. Those that can will, and always have, even way back in jesus times. This is not a communist or country and not everyone is equal. (even in communist countries not everyone is the same)
  11. Really? Universal right to life??? Universal health care (with limitations, exclusions and restrictions) but no right to life. We even have assisted suicide so, universal right to death??
  12. Where in the world is health care a "universal right to life"?
  13. My responses were to your post titled "Dear boomers: I’m a millennial, 36, and it looks like I will never get to retire". My point is that no one ever promised you or the boomers anything but CPP and OAS. I also stated that us Boomers had a difficult time of it in the 70's, 80's and 890's so as a millennial, stop whining, your "sorrow" is not new and has been flt before. So, you can and will retire. How and when and with how much is totally up to you, as it was to us Boomers. We boomers looked to the future, you millennials seem to look no farther than your next vacation south or new car. My opinion.
  14. Inflation rates were higher for a long time https://www.macrotrends.net/countries/CAN/canada/inflation-rate-cpi Mortgage rates, a lot higher and for a lot longer than you think. https://www.superbrokers.ca/tools/mortgage-rate-history Too many people say it was easier back then to buy a home and that is what I am disputing. It was not. I am saying, inflation and rates are a little thing now and people are panicking whining and crying. Inflation and mortgages are interfering with their lifestyle. So sad. Boomers paid a price, a heavy price. Predate? By how many years. I gave you links that go back 80 and 50 years.
  15. You are wrong about what it was like in the early 80's In the early 80's wages, mine was about $30K per year. Yes, houses were about $100K bit interest rates were 15 to 18%. Developers played games like selling you a house but keeping the land out of the price for up to 5 years so you could afford to buy. Buying a house was up to the bank, they had almost total control of mortgages back then. In Alberta, people bought houses but then many defaulted. A industry grew up and they called it dollar dealers. they would buy your house for $1 and then you paid rent. They never paid the mortgage, just collected rent and eventually the banks repossessed the homes. Inflation was 7 to 12% for many years, not just a blip. Inflation rates for the 70's till well it the 90's was over 5"% and higher and mortgage rates, as I mentioned went over 18%. Point is, we have gotten very used to low inflation and interest, we bathed in luxuries and ourselves and when the reality hammer hit, we panic.
  16. Who is "they" and when did any government ever offer a "level playing field"? Inflation has been going on every year since the beginning of time. There are low inflation years and high inflation years. There were 20 years (1971 to 1990) of higher inflation than now. I lived through years of 15% + inflation and 18% mortgages in the 80's.. So, Boomers had it a lot tougher than folks now and they survived.
  17. You cannot blame any one government for your state in retirement. The governments have only ever promised CPP and OAS. Boomers have nothing to do with poor planing or your lifestyle. We lived mostly in the days of single income families. We did without for many years as well and knew retirement was our problem. No going anywhere let alone vacations south, no fancy cars (let alone 2 cars), no designer clothes, rented for years, worked hard and long and even 2 or more jobs. Credit cards?? What were they? The banks decided if you could afford a house or get a car loan. I you did not have cash, you generally did not get whatever you desired. We lived within our means. Yup, the boomer plight was just like yours. Somehow, I get the impression you seem to think that it is the governments problem that you should be better off in retirement. Like the song goes "no one ever promised you a rose garden".
  18. Isn't Canada "two state", with Quebec and the rest of Canada?? We are based on language rather thanreligion.
  19. Suggesting Military pay is not so bad. They also get additional for being overseas. If I remember correctly, back when we had military in Afghanistan, we got over $800 per month special duty pay (taxable 0f course). Not implying they are not having difficulty but, they were sent to train and probably do not have the admin support they are used to. I know when I was posted to Cacina Costa Italy (Agusta Helicopter), my support was in Geilenkirchen Germany and it took a long time to get get claims and paperwork done.
  20. Look, it was interesting discussing things with you but you seem to have gone off the deep end. I answered your question. You don't like it? OK. that is your right. I told you who I voted for and it was not liberal. It was good to discuss with you but when you become belligerent and defensive, the fun is gone. Bye now.
  21. Firstly, I don't play the what if game. But since you asked, if something was "legally established that calling the emergency act during a protest was an acceptable thing to do" then so be it. The judge will decide if the whatever is questioned or challenged by them has merit. I have no idea what trump or his ilk would do. It is before the courts, I will wait and see the judgment. I do not make assumptions, guesses or play what ifs. You certainly seem to care a lot about what I think
  22. Yeah OK. Do you hear yourself? Invoking Babe Ruth (or donald trump), meaning you want someone like him. My comments are what I mean. No dodging.
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