Good News: Deficit to be $30 Billion says Bloomberg

[rotary]

You've been duped into thinking that by the eco crowd who wail at anything to do with Oil or pipelines. Truth is, all Harper tried to do was get a pipeline built to get Canada's product to markets other than the US. It may have eluded you but he also introduced accelerated capital write-offs for the manufacturing sector - and yes, gave a bail-out to GM for the auto industry. Listen, Harper did a lot of things wrong - and that's why he's no longer PM......but getting a couple of pipelines to move our Oil and Gas is crucial for Canada and to think otherwise is at best, soft-headed thinking.

Which is why we will very likely build energy east after the NEB approves it. So that will make the score Trudeau 1, Harper nil. But at the same time it's very positive that the eco crowd has some power as well as a lot of sense.

[SunnyWays]

Which is why we will very likely build energy east after the NEB approves it. So that will make the score Trudeau 1, Harper nil. But at the same time it's very positive that the eco crowd has some power as well as a lot of sense.

Actually, if it comes to pass, it will be Canada 1, the eco-crowd 0.....finally.

[dre]

And you think the right thing to do is run up still more debt?

I won't deny the last government played games to make their budget balance, but at the same time the current one is playing even worse games to make things seem worse than they are so they can blame it on the Tories and the oil industry downturn.

Whether its the right thing or the wrong thing that is just what governments do when they are worried about the economy slipping into recession. They dump enough synthetic money into the economy to kick the can down the road. That's one of the main reasons we have the business cycle.

Canada is still waiting for the 2007 recession to hit. The Conservatives engaged in massive monetary easing and an unprecedented draw-draw down on the nations savings in order to generate consumer spending and keep inflating asset bubbles. The liberals will do the same. Nobody wants to be at the switch when things fall to pieces.

Right? Wrong? I would just say its short-sighted. Good for today and bad for tomorrow. In the long term we might be better off if we stopped easing and allowed market corrections... adopted a more sustainable interest rate policy. The problem is in the near term we would have a deep recession, and no government has the balls to voluntarily submit to that.

So under the liberals you will basically see the same policies you saw from conservatives. Flood the market with credit/debt and hope like hell the house of cards doesnt collapse on your watch.

[Accountability Now]

And where was his first job? And how did he get it?

So he's born and raised in Toronto and did his school/worked in Alberta. His grandparents were from New Brunswick.

Its fair to say his roots spread across the country.

[Accountability Now]

Which is why we will very likely build energy east after the NEB approves it

Wait a second...you mean that mean, nasty, go good NEB that HARPER stacked in order to push his projects through???? You actually trust them???

[rotary]

Actually, if it comes to pass, it will be Canada 1, the eco-crowd 0.....finally.

And you began your interest in history when?

[rotary]

So he's born and raised in Toronto and did his school/worked in Alberta. His grandparents were from New Brunswick.

Its fair to say his roots spread across the country.

His uncle got him a job in the mail room at Imperial Oil. So fair enough. Trudeau actually qualified as a teacher and worked in that profession. Who knows which of those are the best prerequisites for, especially the lead job, in politics. But I know what my pick is.

[rotary]

Wait a second...you mean that mean, nasty, go good NEB that HARPER stacked in order to push his projects through???? You actually trust them???

Which projects was that he pushed through?

[Accountability Now]

His uncle got him a job in the mail room at Imperial Oil. So fair enough. Trudeau actually qualified as a teacher and worked in that profession. Who knows which of those are the best prerequisites for, especially the lead job, in politics. But I know what my pick is.

Yeah...someone with a Master's degree in economics versus a drama teacher. Hmmm...how do you pick?

[rotary]

Yeah...someone with a Master's degree in economics versus a drama teacher. Hmmm...how do you pick?

Well we have seen what that so called economics degree did for our economy didn't we.

Oh and BTW, where did his degree come from? University of Calgary...not exactly renowned for it's economic acumen. And what work did Harper ever do to expand his knowledge of the subject? Answer: zero. At least Justin spent time in front of a classroom. Most recently at a university in the US during his state dinner visit.

Edited March 21, 2016 by rotary

[Accountability Now]

Which projects was that he pushed through?

How about Keystone....not XL...the original Keystone. I guess you forgot that one.

Of course, you might want to take some time to read some past posts as these drive by accusations of Harper's pipeline record have already been put to bed:

I can only assume that your 'high profile' pipelines are:

- Keystone XL

- Energy East

- TransMountain

- Northern Gateway

Of course the no go on Keystone XL had nothing to do with Harper or any Canadian PM for that matter. Mr Obama decided to stop it and there really wasn't much we can do but wait for the next Republican president.

But...lets focus on the others which are within our borders. Lets also focus on your use of the word 'decade' which as you know means 10 years. Energy East submitted its formal application in October 2014 and TransMountain did its in Dec 2013. I know math/numbers plague you but this one is fairly simple as Harper's term ended in Oct 2015 which means he only had ONE to TWO years for these ones.....NOT 10.

As for Northern Gateway that project...that one project that was the full 10 years however it should also be noted that after tremendous legal battles, it was also approved in his term and the fate was virtually squashed in a single Trudeau-esque move.

[rotary]

How about Keystone....not XL...the original Keystone. I guess you forgot that one.

Of course, you might want to take some time to read some past posts as these drive by accusations of Harper's pipeline record have already been put to bed:

Not sure what point it is you are trying to make. The reality is Harper accomplished virtually nothing with regard to moving fossils by pipeline, mostly because he tried to ignore everyone who had skin in the game such as provinces, first nations, environmentalists etc. Perhaps under the new leadership some of those ideas may be successfully revisited, and once again, lets have a look to the future. Unless you want to continue polluting the atmosphere burning sludge at $35 a barrel.

[Accountability Now]

Well we have seen what that so called economics degree did for our economy didn't we

Yes...the best positioned country after the World Financial Crisis.

Oh and BTW, where did his degree come from? University of Calgary...not exactly renowned for it's economic acumen.

Are you serious? Its rated one of the top 10 in Canada for economics.

[Accountability Now]

Not sure what point it is you are trying to make.

My main point is proving you know little about what you are talking about. You claimed he didn't push any pipelines though in his time in office. WRONG. Keystone did go through. Technically the Northern Gateway also went though (NEB approved) however it certainly didn't take long for Trudeau to squash that.

The other pipelines were very recently applied and gave Harper little to no time to actually 'push them through'. So your claim of 'what did Harper do' holds no water. But don't stop trying....

[bush_cheney2004]

Not sure what point it is you are trying to make. The reality is Harper accomplished virtually nothing with regard to moving fossils by pipeline,

Huh ? I personally saw construction of the Alberta Clipper pipeline in my state...this is Enbridge Line #67. Was built 2008 - 2010 and expansions are planned.

Canada is also trying to beat U.S. border crossing approvals by using pre-existing pipelines as bypasses....clever !

Edited March 21, 2016 by bush_cheney2004

[rotary]

Yes...the best positioned country after the World Financial Crisis.

Are you serious? Its rated one of the top 10 in Canada for economics.

We came through it in large part because we had controls against sub prime mortgages which killed the US economy at the time. And where does it rank, #10? And the rest of the question you ignored is, what experience did he apply his degree to? Answer: 0.

[rotary]

Huh ? I personally saw construction of the Alberta Clipper pipeline in my state...this is Enbridge Line #67. Was built 2008 - 2010 and expansions are planned.

Canada is also trying to beat U.S. border crossing approvals by using pre-existing pipelines as bypasses....clever !

And how are those lawsuits going?

[bush_cheney2004]

And how are those lawsuits going?

Going fine....PM Harper got the pipeline in just in time.

[rotary]

Going fine....PM Harper got the pipeline in just in time.

Right. Well I guess he did get one in...just in time for the lawsuits to start. Hope you are happy about paying the lawyers fees.

[Accountability Now]

And where does it rank, #10?

I didn't say it ranked #10 I said it was in the top 10. It actually ranks number 9:

he Vancouver School of Economics at the University of British Columbia placed at the top of the study’s rankings, followed (in descending order) by the economics departments at the University of Toronto, Queen’s University and the University of Western Ontario. Here’s a look at the top 10:

1. Vancouver School of Economics, University of British Columbia

2. Department of Economics, University of Toronto

3. Department of Economics, Queen’s University

4. Department of Economics, University of Western Ontario

5. Rotman School of Management, University of Toronto

6. Department of Economics, Simon Fraser University

7. Bank of Canada

8. Sauder School of Business, University of British Columbia

9. Department of Economics, University of Calgary

10. Department of Economics, McMaster University

http://www.theglobeandmail.com/report-on-business/economy/economy-lab/economy-lab-roundup-canadas-top-5-of-earners-account-for-238-of-income/article15821065/

And the rest of the question you ignored is, what experience did he apply his degree to? Answer: 0.

After getting his Masters and before becoming PM, Harper wrote a number of papers on economic topics. He also was the President of the NCC for a number of years in efforts to lower taxes. While he was PM....well he was busy being PM.

Trudeau speaks to a University and that counts as adding to his experience?

[Accountability Now]

Right. Well I guess he did get one in..

No...that would be at least TWO. You keep forgetting Keystone. Tough to remember things mentioned to you...five minutes ago???

[rotary]

I didn't say it ranked #10 I said it was in the top 10. It actually ranks number 9:

he Vancouver School of Economics at the University of British Columbia placed at the top of the study’s rankings, followed (in descending order) by the economics departments at the University of Toronto, Queen’s University and the University of Western Ontario. Here’s a look at the top 10:

After getting his Masters and before becoming PM, Harper wrote a number of papers on economic topics. He also was the President of the NCC for a number of years in efforts to lower taxes. While he was PM....well he was busy being PM.

Trudeau speaks to a University and that counts as adding to his experience?

Trudeau actually taught school. Harper worked in the mailroom.

[Argus]

Perhaps some of the incompetence began with the idea you may have heard of to do with all the eggs in the fossil fuel basket that Mr. Harper pursued.

That hoary old fairy tale again.

[Argus]

Actually, if it comes to pass, it will be Canada 1, the eco-crowd 0.....finally.

Yeah, the idea the eco freaks will care who is PM when they oppose anything remotely connected with oil is brainless.

[Cl Le]

" We are going to grow the economy from the heart outwards. " Justin Trudeau Translation from Liberal to English , he is going to rack up over 30 billion in new debt and create no new net jobs , unemployment up to 7.2 % . Trudeau is a feminist not an economist , Liberals often mix those two terms up .