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Employment UP or DOWN?  

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Posted
I suppose in simple economic terms there's little difference between my producing a boatload of fish or a boatload of happy tourists.

For purely selfish reasons I prefer your boatload of fish. I love to eat fish. Keep 'em coming eyeball.

I think we need to remake our economy not recover it, because for the most part there's actually nothing there to recover or more to the point, recover it with.

You mean like not bailing out a declining domestic auto sector or incompetent manufacturers? The more I learn about this, the more it sounds like we're trying to turn back the clock with money we don't have. I think the train has left the station and it's time to think about innovation.

That said and for what its worth I'm feeling more optimistic about my own fortunes than I have for many months now. Its almost surreal.

I'm happy for you. And thank you for your thoughts.

"We always want the best man to win an election. Unfortunately, he never runs." Will Rogers

Posted
You mean like not bailing out a declining domestic auto sector or incompetent manufacturers?

No, more like not throwing them back aboard a sinking ship.

The more I learn about this, the more it sounds like we're trying to turn back the clock with money we don't have. I think the train has left the station and it's time to think about innovation.

Speaking of which, I heard some wags discussing whether that light at the end of the tunnel is actually a train barreling towards us.

I said now watch what you say they'll be calling you a radical,
a liberal, oh fanatical criminal

Posted
There are still many real opportunities, old and new. Those who cannot or will not make the leap shall be left behind. It has always been thus.

Those who will not are one thing but those who can't are another. If too many cannot make the leap they start looking around for something to fill the gap with. Cake usually won't cut it. It has always been thus.

I said now watch what you say they'll be calling you a radical,
a liberal, oh fanatical criminal

Posted
Those who will not are one thing but those who can't are another. If too many cannot make the leap they start looking around for something to fill the gap with. Cake usually won't cut it. It has always been thus.

They are one and the same in the end.

There is nothing to be done....let the games begin.

Economics trumps Virtue. 

 

Posted
They are one and the same in the end.

There is nothing to be done....let the games begin.

They were not one and the same in the beginning.

There is plenty to be done....play away.

I said now watch what you say they'll be calling you a radical,
a liberal, oh fanatical criminal

Posted
Really? What is to be done, besides taking from the willing and giving to the unwilling?

Share the opportunities between those who can and the willing.

I said now watch what you say they'll be calling you a radical,
a liberal, oh fanatical criminal

  • 2 months later...
Posted

yes, for as often as Stephen Harper derides and ridicules the PBO, clearly we should be getting our forecasts from Page rather than Harper/Flaherty.

Deficit bigger than expected, Conservative Flaherty says

The deep recession is wreaking havoc on the government treasury and will cause the deficit to balloon "substantially more" than projected in the budget this year, Finance Minister Jim Flaherty now says.

Flaherty's announcement amounts to a catch up for the government to projections already made public by parliamentary budget officer Kevin Page, who in March estimated the deficit would be at least at least $9 billion more over the first two years.

TD Bank chief economist Don Drummond, a former senior finance official, went even further, saying the shortfall would be about $18 billion more.

Posted

Lets extend E I payments past the termination date - and give the poor some free money - the rich get free money - time for the poor to get the same. It's only fair. What are E I recievers expected to do once they run out according to Harper - welfare? _ then when that is over - absloute desolate impoverishment and starvation? I am getting sick of this survival of the fittest routine and the return to Reform Party conservatism...those on top of the heap are not the fittest - just the best con men...and with a confidence artist - eventually all lose confidence and faith in their fiatism. Then in steps Ignatieff...and the game starts again...maybe it's time to recycle our politcals - back in the day we called recycling another name - garbage.

Posted

The government has a very poor pair of glasses for looking into the future. They were wrong about the recession and they were wrong about the deficit. They can neither recognize reality or plan for the future, bad leadership.

Posted
The government has a very poor pair of glasses for looking into the future. They were wrong about the recession and they were wrong about the deficit. They can neither recognize reality or plan for the future, bad leadership.

yes - Harper/Flaherty projections that... in the space of only a month... went "off the track" - by 48%

  • 2 weeks later...
Posted

another 42,000 jobs lost in May... 360,000 jobs lost since the fall election... unemployment rate at 8.4% - the highest in 11 years.

and the Harper Conservatives can't get the stimulus monies out to help some of those who have lost their jobs... only 6% of allocated stimulus funds have been distributed. Effectively, by the time any actual monies might flow through, this summer construction season will have been lost. Well done Harper Conservatives - Canada's jobless sends it's collective shovel-ready gratitude!

Ottawa too slow in delivering stimulus cash, mayors say

Projects meant to stimulate sluggish economy might be delayed until next summer – and by then it may be too late to have any impact

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