punked Posted June 2, 2012 Report Share Posted June 2, 2012 No, it hasn't been falling and falling. High gas prices really put. Drag on the economy in the fourth quarter and the first quarter. From Jan-March it has been falling to the point where it is almost no growth Smallc. Check out the GDP numbers for the last 5 months seriously we are entering a double dip. It is at least time to stop the cutting and impose a freeze. Quote Link to comment Share on other sites More sharing options...
Smallc Posted June 2, 2012 Report Share Posted June 2, 2012 From Jan-March it has been falling to the point where it is almost no growth Smallc. Check out the GDP numbers for the last 5 months seriously we are entering a double dip. It is at least time to stop the cutting and impose a freeze. 2% annualized growth is still growth. As long as there is still growth, there's no reason to put off budget balancing. Quote Link to comment Share on other sites More sharing options...
punked Posted June 2, 2012 Report Share Posted June 2, 2012 2% annualized growth is still growth. As long as there is still growth, there's no reason to put off budget balancing. That is the thing though there isn't growth. Britain was growing to and everyone said you can not cut right now and they did anyway now they are shrinking. Anemic growth isn't going off set huge cuts in government spending and spin offs. “The boom, not the slump, is the right time for austerity.” So declared John Maynard Keynes 75 years ago. We both agree we need to balance a budget but we disagree on when. There is no reason to kill the Canadian, US or British economies right now we aren't Spain, Greece, or Ireland. We have wiggle room lets come out of this stronger then other countries, lets come out of this growing more, lets come out of this better then everyone else so when the private sector starts to pick up the slack we can grow our way out of this problem. I believe you to be a rational person Smallc, I believe if you look at the world, look at our economy and industry you will agree. Please do. When do we stop the cuts? GDP shrinking 1%? 2%? 3%? That is where we are headed when do we change course because we can see what is happening in other nations and we know the ones that are succeeding they are the ones which didn't cut to hard to fast and those will be the ones who come out this stronger. Quote Link to comment Share on other sites More sharing options...
Smallc Posted June 2, 2012 Report Share Posted June 2, 2012 (edited) If and when the economy stops growing, you stop cutting. The government is already cutting. The economy is still growing (and these cuts are tiny). Edited June 2, 2012 by Smallc Quote Link to comment Share on other sites More sharing options...
punked Posted June 2, 2012 Report Share Posted June 2, 2012 (edited) If and when the economy stops growing, you stop cutting. The government is already cutting. The economy is still growing (and these cuts are tiny). So right now right? Statscan just published the March GDP growth 0.1%. That was before a huge 10% cutting budget passed by the Conservatives? What do you think is going to happen Smallc? Oil has lost 20% over the last month. What do you think is going to happen? Europe is crumbling and the US has no job growth, China has stopped buying resources what do you think is going to happen? Read the writing on the wall. These guys are never going to stop these cuts no matter what happens to Canada. Edited June 2, 2012 by punked Quote Link to comment Share on other sites More sharing options...
Smallc Posted June 2, 2012 Report Share Posted June 2, 2012 (edited) That's my only response. The economy is growing. As long as that continues, there is no need for stimulus (and the cuts are not 10%, sorry). Edited June 2, 2012 by Smallc Quote Link to comment Share on other sites More sharing options...
punked Posted June 2, 2012 Report Share Posted June 2, 2012 That's my only response. The economy is growing. As long as that continues, there is no need for stimulus (and the cuts are not 10%, sorry). So you agree then. If the economy starts shrinking this government would be terrible to not stop their cuts? That is a deal. Quote Link to comment Share on other sites More sharing options...
Smallc Posted June 2, 2012 Report Share Posted June 2, 2012 So you agree then. If the economy starts shrinking this government would be terrible to not stop their cuts? That is a deal. The government has said they would be flexible. At present, there's no reason for them to change their plans. Quote Link to comment Share on other sites More sharing options...
Jack Weber Posted June 2, 2012 Report Share Posted June 2, 2012 The government has said they would be flexible. At present, there's no reason for them to change their plans. Remember...This is a governemnt that has no problem intervening into the "free" market to save it's corporate friends whenever it suits them... It's also a government that seems to want to implement a "Made in Canada" "Right to Workesque"" legislative framework (by stealth through the "budget bill") to allow it's friends to make a concerted effort to keep wages and benefit plans down (artificially)... I wonder how this could apply to the resource sector??...Hmmmm??? Quote Link to comment Share on other sites More sharing options...
Topaz Posted June 3, 2012 Report Share Posted June 3, 2012 I'm putting this topic here because it is indirectly involved the Premier of Alberta and where she went on the day the NDP leader went to Alberta. I did hear she was going to Virgina but I didn't know it was to the Bilderberg yearly meeting. She must be an VIP now to be invited. http://www.infowars.com/agenda-21-to-be-discussed-at-bilderberg-confab/ Quote Link to comment Share on other sites More sharing options...
Anti-Am Posted June 13, 2012 Report Share Posted June 13, 2012 http://news.nationalpost.com/2012/06/13/thomas-mulcairs-dutch-disease-warning-supported-by-oecd-report/ A new OECD report seems to support controversial claims by NDP leader Thomas Mulcair that Canada is suffering from an economic condition known as Dutch Disease. The Organization for Economic Co-operation and Development warns in a report released Wednesday that the run-up in commodity prices is leading to an uneven economy in Canada. As well, it says the country needs to do more to develop non-resource aspects of the economy so as to maintain high levels of employment and an equitable distribution of wealth across regions. Resource-rich provinces such as Alberta, Saskatchewan and Newfoundland have prospered, while others have fallen behind, in part because a commodity boom has strengthened the Canadian dollar. The analysis mirrors that of Mulcair, who has been accused of pitting regions against each other for political purposes. Quote Link to comment Share on other sites More sharing options...
waldo Posted June 14, 2012 Report Share Posted June 14, 2012 http://news.nationalpost.com/2012/06/13/thomas-mulcairs-dutch-disease-warning-supported-by-oecd-report/A new OECD report seems to support controversial claims by NDP leader Thomas Mulcair that Canada is suffering from an economic condition known as Dutch Disease. oh my! Why is the OECD pitting regions of Canada against each other? Quote Link to comment Share on other sites More sharing options...
MiddleClassCentrist Posted June 14, 2012 Author Report Share Posted June 14, 2012 (edited) oh my! Why is the OECD pitting regions of Canada against each other? I saw conbots on the national post website labelling the OECD as a socialist leftist organization. Add that to all of this bad blood they are creating! Edited June 14, 2012 by MiddleClassCentrist Quote Link to comment Share on other sites More sharing options...
mentalfloss Posted June 14, 2012 Report Share Posted June 14, 2012 (edited) oh my! Why is the OECD pitting regions of Canada against each other? Clearly they are getting moneyhats from the evil, Quebec loving NDP. Edited June 14, 2012 by mentalfloss Quote Link to comment Share on other sites More sharing options...
waldo Posted June 15, 2012 Report Share Posted June 15, 2012 I saw conbots on the national post website labeling the OECD as a socialist leftist organization. man that Muclair has pull... getting the OECD to line-up with a supporting analysis & report to back his statement/position that, yes... indeed... Canada is suffering from Dutch Disease. Quote Link to comment Share on other sites More sharing options...
cybercoma Posted June 15, 2012 Report Share Posted June 15, 2012 If Mulcair has that much international clout, then maybe he should be PM instead of the guy that consistently drops the ball at that level. Quote Link to comment Share on other sites More sharing options...
Smallc Posted June 15, 2012 Report Share Posted June 15, 2012 Harper has actually be a pretty big international success. Quote Link to comment Share on other sites More sharing options...
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