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Posted

An analysis from the CBC, some good points particularly about the fiscal cliff.

http://www.cbc.ca/news/politics/story/2012/11/07/f-vp-hall-obama-canada.html

excerpted:

With Tuesday's Obama victory, he forecasts four more years of "tepid" dealings.

"We want Barack Obama in the White House but it's not clear it's the best result for us,'' Nossal says. "The last couple

Perhaps no issue is more pressing for Canada (not to mention the U.S.), than the so-called fiscal cliff facing the president on Jan 1.

Not golf buddies, but a good working relationship, is the way Ottawa insiders define get-togethers between Stephen Harper and Barack Obama over the past four years.

That's the deadline when, by law, a series of mandatory tax hikes and spending cuts will take effect without some agreement between the White House and Congress.

About the fiscal cliff

In the meantime, the federal government will hit its legal debt limit before the end of this year--which means before the new Congress is seated--and that "extraordinary measures" will be needed before then to keep the government fully funded into the early part of 2013.

http://www.treasury.gov/press-center/press-releases/Pages/tg1753.aspx

Hey Ho - Ontario Liberals Have to Go - Fight Wynne - save our province

Posted

Wrong choice... It will be 4 more years of no growth in the US and 8% un-employment. REAL jobs will not be created but government will balloon.. We wont be shipping anything to the states.... ITs a sad state of affairs when what was once a prosperouse relationship crumbles and continues to crumble. I dont like Romney personally but he would have been much better for Canada. Good thing Steve Harper is looking elsewhere for trade... He has his priorities straight...

Posted (edited)

Wrong choice... It will be 4 more years of no growth in the US and 8% un-employment.

But there HAS been growth in the US, and unemployment HAS come down. It was up to 10% at one point. Jobs are increasing, and they are private sector jobs.

REAL jobs will not be created but government will balloon..

Again, this isn't based in reality. Government has SHRUNK under Obama overall. Government spending under Obama's policies has grown at a slower rate than it has in decades.

Good thing Steve Harper is looking elsewhere for trade...

On this we can agree. We need to be looking everywhere.

Edited by Smallc
Posted

Wrong choice... It will be 4 more years of no growth in the US and 8% un-employment. REAL jobs will not be created but government will balloon.. We wont be shipping anything to the states.... ITs a sad state of affairs when what was once a prosperouse relationship crumbles and continues to crumble. I dont like Romney personally but he would have been much better for Canada. Good thing Steve Harper is looking elsewhere for trade... He has his priorities straight...

Man... come on. Have a bit of pride in what you post.

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

Posted

opinions aren't based on facts which sums up Fletch's stance on just about everything...

“Conservatives are not necessarily stupid, but most stupid people are conservatives.”- John Stuart Mill

Posted

But there HAS been growth in the US, and unemployment HAS come down. It was up to 10% at one point. Jobs are increasing, and they are private sector jobs.

Again, this isn't based in reality. Government has SHRUNK under Obama overall. Government spending under Obama's policies has grown at a slower rate than it has in decades.

On this we can agree. We need to be looking everywhere.

Unemployment is not down if you consider it was 7.8% when Obama took office,now it's 7.9%.I don't think there will be much improvement in the next 4 years either.The US debt has skyrocketed unber Obama and it will continue to do so,Harry Reid apparently wants to raise the debt ceiling to over 19 trillion from the current 16 trillion.Madness.

Beware the Brookfield industrial complex...

Posted

Unemployment is not down if you consider it was 7.8% when Obama took office,now it's 7.9%.

That's not really a fair way to look at things. It took time to stem the tide. The month Obama took office, the US lost 700K jobs...that's a big hole.

I don't think there will be much improvement in the next 4 years either.

There has been improvement over the last four years. That will probably continue.

The US debt has skyrocketed unber Obama and it will continue to do so,Harry Reid apparently wants to raise the debt ceiling to over 19 trillion from the current 16 trillion.Madness.

Actually, most of the new debt comes from falling revenues during the recession, and unfunded Bush era policies. Obama's policies have barely grown government spending in any way. As for the debt ceiling...what's the alternative? To not pay for things?

Posted (edited)

Wrong...President Obama extended so called "Bush tax cuts"...twice for political expediency. He also implemented tax holidays for payroll taxes and Social Security, impacting revenues.

Edited by bush_cheney2004

Economics trumps Virtue. 

 

Posted

As for the debt ceiling...what's the alternative? To not pay for things?

seems to me it's a no-brainer.... slash military spending, raise taxes, pay the bills....

“Conservatives are not necessarily stupid, but most stupid people are conservatives.”- John Stuart Mill

Posted

seems to me it's a no-brainer.... slash military spending, raise taxes, pay the bills....

Oh, I agree, but it's too late for the current debt limit to not be raised.

Posted

Is this were the US goes and borrows more money from China, S..Korea and Japan? There's no country on earth that can help the US out of their country's debt. and I don't think it really matters who the president is because the problem is the problem and if the Reps.. and the Dems don't work together and forget about party lines , there won't be a UNITED States.

Posted

I think the question is "has Harper been good for U.S. - Canada trade relations"? I think the answer is no. Harper has been dropping the ball.

Fair enough, we should always be looking to open new markets. But the approach from the Harper government has been scatter-gun and unfocused — the gains illusory so far. Maybe it’s time to re-assess the government’s vaunted global commerce strategy and prioritize by putting the U.S firmly at the top, instead of being one of 13 countries of interest. Let’s put this in perspective – 7% annual growth of a $300-billion market dwarfs 300% growth in a $2.6-billion one, even were we to achieve those lofty targets.
. http://fullcomment.nationalpost.com/2012/11/07/john-ivison-obamas-victory-gives-harper-an-opportunity-to-thaw-relationship-with-u-s-and-he-should-take-it/
Posted

At least we can bank on the Keystone pipeline going through now he doesn't have to worry about votes.

Posted

This is really a great question. I was scrapping Google and came across this forum so I joined up. Obama is by a large portion to be a favorite for Canadians. He is certainly more interesting then the starched stiff Romney. They say that Obama will hinder trade and Romney will open up trade but I really don't believe that. To me any president is going to be very interested in maintaining a high level of trade with Canada while at the same time we're not the only game in town and every country needs to look beyond the borders of their respective countries to foster further trade.

Good day all and happy politicking.

Guest American Woman
Posted
At least we can bank on the Keystone pipeline going through now he doesn't have to worry about votes.

You could always bank on the Keystone pipeline going through - with an alternate route.

They say that Obama will hinder trade and Romney will open up trade but I really don't believe that. To me any president is going to be very interested in maintaining a high level of trade with Canada while at the same time we're not the only game in town and every country needs to look beyond the borders of their respective countries to foster further trade.

Agreed.

Posted

I think the question is "has Harper been good for U.S. - Canada trade relations"? I think the answer is no. Harper has been dropping the ball.

. http://fullcomment.n...should-take-it/

LOL Why do you think he is traveling the world looking for new trade, he knows america is doomed with obama and we need to get away from the dependence of american trade. Harper is doing what chetein had 13 years to do ,in which he did nothing but live large being the PM. What is really scary is the fact there is candians out there that would ruin everything just to have little justin in power. Harper is saving us from the fools.

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

Posted (edited)

rolleyes.gif

A ) Harper knows that no matter who is in power, the economy will probably continue to slowly recover in the US

B ) Harper knows that trade is good, and that's why he's trying to expand it. It doesn't matter who the POTUS is.

C ) Under Chretien, Canada underwent massive economic expansion, balanced its books, and undertook huge trade missions to Asia, mostly to China. Your memory is a bit foggy, I think.

Edited by Smallc

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