Michael Hardner Posted January 3 Report Posted January 3 2 hours ago, I am Groot said: . And according to economists, we are no richer than we were in a previous generation. In some ways, given stagnating wages, stagnating productivity, and rising prices, we are worse off. So I would dispute that would can afford them at a higher level than a generation ago. You're talking about wages though. GDP has grown by a lot. Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
ironstone Posted January 3 Report Posted January 3 Canada's per capita GDP performance since 2015 isn't much to brag about. Summary: Real GDP per capita rose modestly from 2015 through 2019, fell sharply in 2020, rebounded in 2021–2022, and has since flattened or edged down. Overall growth in real GDP per person since 2015 has been very slow — so much so that some estimates show essentially stagnant or negligible gains over the decade. Statistics Canada Relative International Position Over the broader decade, Canada’s per capita performance has been much weaker than in the US and many OECD peers, especially when measured in real terms — a point highlighted in some analyses. Quote Beware the Brookfield industrial complex...
eyeball Posted January 3 Report Posted January 3 39 minutes ago, ironstone said: Over the broader decade, Canada’s per capita performance has been much weaker than in the US and many OECD peers, especially when measured in real terms — a point highlighted in some analyses. In the meantime...where it really matters, especially to anyone who believes no poor man ever gave them a job.... As of 2026, the countries experiencing the fastest expansion of the gap between rich and poor vary by economic development, with Singapore and Canada emerging as leaders in recent years. Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
I am Groot Posted January 4 Report Posted January 4 (edited) 20 hours ago, Michael Hardner said: You're talking about wages though. GDP has grown by a lot. If you have a family of four and one 10lb turkey for dinner, and invite another family of 5 in who bring their own 10lb turkey, you have a lot more turkey to eat, but your table is more crowded, and there's actually less turkey for each of you. GDP rising is not a measure of success if it's going up less than the population. Edited January 4 by I am Groot Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
I am Groot Posted January 4 Report Posted January 4 (edited) 21 hours ago, eyeball said: Sure they do, according to widespread conventional right wing wisdom the left is destroying the economy. You don't believe it? You're either backpeddling or not paying attention, and you're one of this forums premier catastrophists. There's quite a distance between believing a poor economy is worse than persecution and thinking the Left's brainless economic policies AND hopelessly naive social policies are destroying Canada. Most of the damage the Left has done can be curtailed, if not reversed, if we had a strong, intelligent, capable leader with vision and integrity (yes, I do tend to fantasize sometimes). I admit I've never seen such a person among our politicians at any level over the past half-century, but I can dream. Get rid of the corporate welfare, get rid of the protection for oligopolies, get rid of all the bribe money sent to all those activist groups so they'll support government policy, get rid of foreign interference and influence, free up the economy from massive overregulation, close or nearly close the borders, and bring back law and order to our societies. It's doable. But we'd need a government willing to go for it, and willing to risk the political trouble all of that would bring. Edited January 4 by I am Groot Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
eyeball Posted January 4 Report Posted January 4 3 hours ago, I am Groot said: Get rid of the corporate welfare, get rid of the protection for oligopolies That's pretty much all you need to do right there. BTW these are core progressive values and aspirations. Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
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