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Posted

You are right! The definition of recession was "a period when the majority of citizens polled in a right-leaning news media outlet believe they are in a recession". Silly Sharkman didn't know you knew so much about recessions!

Thanks, I was about to point out that a recession isn't something that people vote in. Still waiting to see if Rick actually knows what a recession is, and by his response I have my doubts.

Posted

Most of the lost jobs were in Quebec... I guess they still can't get over their obsession with pretending to be European. Ole ole ole ole!!!

Here are the provincial unemployment rates in December (previous month in brackets):

Newfoundland 12.8 (13.2)

Prince Edward Island 11.4 (11.1)

Nova Scotia 7.8 (8.6)

New Brunswick 9.4 (9.8)

Quebec 8.7 (8.0)

Ontario 7.7 (7.9)

Manitoba 5.4 (5.5)

Saskatchewan 5.2 (5.1)

Alberta 4.9 (5.0)

British Columbia 7.0 (7.0)

http://www.ctv.ca/CTVNews/TopStories/20120106/december-jobless-unemployment-statistics-120106/#ixzz1ii6pWYOI

Posted

How would a recent poll of a certain amount of people know?

I wasn't asked by these pollsters, were any of you?

I hate survey's like this.

Well, first of all, the fact that you (nor likely anyone on this forum) were specifically asked does not invalidate the poll. Assuming proper protocols are in place, statistical sampling can be very accurate at reflecting what overall numbers are.

Secondly, while technically it is impossible for an individual to know when we are "in a recession" (since its something that can really only be determined by looking at the economy after the end of the fiscal quarter), such polls still have value. After all, a negative view of the economy could end up being a "self fulfilling prophesy", as people decide to delay spending (and this possibly worsen economic conditions.)

Posted

A recent poll says most Canadians feel we are in a recession or close to one. I think it depends were you live and how much unemployment your area has. I just think the most of the country in in a unemployment mess. People who have lost their jobs and can't find one, people who are standing in line waiting to be okayed for EI, some waiting for EI in the mail. The provinces in the worst of it are the ones EAST of Manitoba. I'm not sure the unemployment rate is for that province but the rest is high. The only leadership we see coming from Ottawa is EI and for the manufacturing provinces they NEED leadership on both the province and the feds and before some of you say that the feds are helping, the lower corp. taxes don't seem to help workers get jobs when those businesses are NOT hiring in the provinces that have high unemployment. http://www.thestar.com/business/article/1110818--many-canadians-believe-we-re-already-in-recession-survey?bn=1

Theres a reason for this perception. Youre right it partially depends on where you are in the country but theres another huge factor and that is your real personal rate of inflation.

The government often throws out terms like "2%" inflation, based on our CPI which is a common basket of goods and services.

In reality though every single person has their own rate of inflation, because everyone has diferent stuff in their basket, and diferent proportions of stuff.

Lets say you are a household with a decent ammount of income. A large proportion of you spending goes towards non durable consumer goods, consumer electronics, etc. Those guys feel pretty good right now, because those things are coming down in price. They can buy more. Theyre personal rate of inflation might be negative and they have more purchasing power than they did a couple of years ago even if their wages did not increase.

But lets say youre a family with a lower income that spends almost all of its money on food, rent, and energy... Energy and food inflation are well up over 5%, even approaching 10%. Those people have high personal inflation rates, and are seeing the purchasing power of their income dry up pretty fast when compared against the things they actually need to buy.

I question things because I am human. And call no one my father who's no closer than a stranger

Posted

You equate doing it as a banana republic... I prefer to think of it as 'homeland security'....

Again, under what authority or law are you suggesting the Prime Minister seize the assets of a private company? You keep avoiding the question.

Posted (edited)

Again, under what authority or law are you suggesting the Prime Minister seize the assets of a private company? You keep avoiding the question.

If you got a job offer in the US that doubled your salary, wouldn't you agree that Harper should have the right to seize your home to pay off any tax breaks you received while in Canada? :lol:

Edited by CPCFTW
Posted (edited)

Again, under what authority or law are you suggesting the Prime Minister seize the assets of a private company? You keep avoiding the question.

Theres other options in between doing nothing and siezing property, but the Candian government CAN size private assets for the greater good of the public as long as the owners are "made whole". They still have to pay market value but they dont need concent.

For example... the Canadian government could outbid Cat, or helped the workers outbid them. If they thought it was worthwhile to keep the Canadian company operating once they factored in the tax revenues it pays and the jobs it creates, and what the companies future outlook was.

Or it could make tax breaks designed to create jobs in Canada contingent on a promise by companies who want to enjoy these breaks to both create those jobs, and keep them around for a certain ammount of time. Failure to do so would require that money be returned the taxpayer.

The government could see to it that workers are given a chance to purchase business units that are about to be abandoned or moved by multinationals. Take HARMAC for example... The previous multinational that owned it went bankrupt so the workers purchased the mill. Not only was it kept open saving a pile of jobs, but its profitable again now, and the workers are recieving dividend checks. Assuming ownership made gave workers an incentive to take wage cuts in order to make the unit profitable. If they run it well, thell make good money, if they dont theyre out of a job.

Edited by dre

I question things because I am human. And call no one my father who's no closer than a stranger

Posted (edited)

This question is a red herring. All that matters is that Canadian's real Purchasibg Power Parity per caoita is less than tne US. We work as hard but get less, Canadians must demand more for their labours to non canadians and give to their brothers and sisters for less. Increase the cost of raw material sales outside of Camada and lower the cost in Canada!

Edited by stnslittlehelper@
Posted

This is typical lefwing rhetoric.

Please state what the definition of a recession is so you can see your error.

BTW, Harper has repeatedly warned that 2012 will be a challenging year economically. My advice? If you need a job, go to Regina or Saskatoon, they are at full employment and needing still more workers. I know a woman who worked there for 6 months and then decided to move her family out. Making around 10 grand a month.

Hey, Sharkman, I know many Ontarians that could afford to go out West did and after about 6 months they came back. Sure the wages are high but the cost of living is also high and in some cases people couldn't find a place to live and had to live in a tent.

Posted

....How's that fence working out for your jobs and illegal immigrants down there around Mission Viejo, Southern California.... :lol:

It's working out swell...makes more legal and illegal Canadians, Mexicans, and other nationals want to go to the Promised Land. Telling people they can't have something just makes them want it more! ;)

Economics trumps Virtue. 

 

Posted

The government could see to it that workers are given a chance to purchase business units that are about to be abandoned or moved by multinationals. Take HARMAC for example... The previous multinational that owned it went bankrupt so the workers purchased the mill. Not only was it kept open saving a pile of jobs, but its profitable again now, and the workers are recieving dividend checks. Assuming ownership made gave workers an incentive to take wage cuts in order to make the unit profitable. If they run it well, thell make good money, if they dont theyre out of a job.

Sorry Dre but on this one you can count me out! You're talking about the government picking and choosing which businesses are worth saving.

I wouldn't trust the government to run a two car funeral!

Politicians and bureaucrats are simply not qualified to pick businesses to support. It requires totally different skill sets than politics.

You would get more accuracy from a dart board. Why not just burn a few piles of tax money? It would save time!

"A government which robs Peter to pay Paul can always depend on the support of Paul."

-- George Bernard Shaw

"There is no point in being difficult when, with a little extra effort, you can be completely impossible."

Posted

Sorry Dre but on this one you can count me out! You're talking about the government picking and choosing which businesses are worth saving.

I wouldn't trust the government to run a two car funeral!

Politicians and bureaucrats are simply not qualified to pick businesses to support. It requires totally different skill sets than politics.

You would get more accuracy from a dart board. Why not just burn a few piles of tax money? It would save time!

I agree with a lot of what you say Wild Bill, but I'll argue with you on this one. I've seen examples of where provincial governments have picked winners, and where that has led to big savings on behalf of provinces in particular. Look at Hydro Quebec, giant corporation, exploited big hydro resources for big cash while providing big cash jobs for Francophones yatta yatta to fuel the French fact in Quebec. Big winner. Alberta's big investment in oil sands for the last 30 years, now paying big dividends even as the world hates them. That's a nationalist strategy, and a right wing one, but we can also consider a left wing one. The CCF in Saskatchewan sought investment in sodium sulfate, forestry, and steel, and all pissed dividends until sold by dogmatic right-wing politicians trying to balance the books. Good politicians can pick winners, and that's what seperates the winners from New Brunswick.

Posted

Sorry Dre but on this one you can count me out! You're talking about the government picking and choosing which businesses are worth saving.

I wouldn't trust the government to run a two car funeral!

Politicians and bureaucrats are simply not qualified to pick businesses to support. It requires totally different skill sets than politics.

You would get more accuracy from a dart board. Why not just burn a few piles of tax money? It would save time!

Well, thats your ideology talking... nothing more. My guess is youve The reality is that the government has made a profit on its investments every single year since 1981. They usually make about 10 billion dollars per year, which is all money that they dont have take from YOU at tax time.

I question things because I am human. And call no one my father who's no closer than a stranger

Posted

Like not sticking up for Canadian jobs when companies like CAT take the money and run..

At least Danny Williams had a set of balls to take a stand against this sort of thing unlike Harper who's lips are sealed, on American ass.

And how big of a check did harper right for danny's fight?

Toronto, like a roach motel in the middle of a pretty living room.

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