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Posted

Anyone want evidence that the economy isn't slowing down too fast?

Todays Globe and Mail ran a 32 page Auto section.

It had 20 pages of ads.

That's a lot of ad dollars the dealers are spending confidently, knowing that the investment will make a return.

RIGHT of SOME, LEFT of OTHERS

If it is a choice between them and us, I choose us

Posted
Just as likely evidence of a sagging economy.

Me getting a truck or tons of car ads?

I just got a new job that is paying far above a reasonable amount (what was reasonable a year ago anyways) for someone with my level of experience... the economy is doing well my friend, oh so very well. When university students can afford to upgrade to a condo and buy a new car during school, the economy is just flying along. If you think the economy is sagging, move out to Alberta, where everyone has a new car, a new house, massive salaries, even bigger bonuses. Get this... Superstore has a retention bonus for cashiers, saw it on the sign driving home today...

Mind you I might be out on my ass in two years with an oil crash... but hey, make hay while the sun shines?

But no, the economy isn't sagging in any way. Booming out of control towards a crash? Possibly... though not in the near future.

RealRisk.ca - (Latest Post: Prosecutors have no "Skin in the Game")

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Posted

Just as likely evidence of a sagging economy.

Me getting a truck or tons of car ads?

I just got a new job that is paying far above a reasonable amount (what was reasonable a year ago anyways) for someone with my level of experience... the economy is doing well my friend, oh so very well. When university students can afford to upgrade to a condo and buy a new car during school, the economy is just flying along. If you think the economy is sagging, move out to Alberta, where everyone has a new car, a new house, massive salaries, even bigger bonuses. Get this... Superstore has a retention bonus for cashiers, saw it on the sign driving home today...

Mind you I might be out on my ass in two years with an oil crash... but hey, make hay while the sun shines?

But no, the economy isn't sagging in any way. Booming out of control towards a crash? Possibly... though not in the near future.

No the news paper ads.

I don't have to move to Alberta I live in Alberta. However the patch is quite dead right now. Plenty of cut backs not just Ecana. Things will likely pick up as soon as the frost gets in the ground. Summer projects have seemed to have wound up kinda early this year.

http://www.edmontonsun.com/Business/News/2...134382-sun.html

EnCana has a total of about 70 rigs running, a 44% drop from last year, and the number of wells the company expects to drill in 2006 is forecast at 3,650, which is 650 less than initially planned.

Posted

t used to be that economists wopuld count the help wanted ads as a barometer of the economic climate....the internet changed that....now they look at car ads.

Dealers don't place a lot of ads when people aren't buying (the coop dollars only cover a portion of the ad) and since it's a big ticket item that usually involves financing it's a good indication of consumer and lending confidence.

RIGHT of SOME, LEFT of OTHERS

If it is a choice between them and us, I choose us

Posted

Oil is a finite resource, the price can only go up due to worldwide energy needs, those wells well be back on line don't worry about that, I'm surprised the oil companies don't invest in alternative energy needs to create jobs, create a buffer for WHEN the oil supply runs out so the cash train keeps coming, and so we can export more oil and make more money. I'd say invest when the investing is good.

"Stop the Madness!!!" - Kevin O'Leary

"Money is the ultimate scorecard of life!". - Kevin O'Leary

Economic Left/Right: 4.00

Social Libertarian/Authoritarian: -0.77

Posted
Oil is a finite resource, the price can only go up due to worldwide energy needs, those wells well be back on line don't worry about that, I'm surprised the oil companies don't invest in alternative energy needs to create jobs, create a buffer for WHEN the oil supply runs out so the cash train keeps coming, and so we can export more oil and make more money. I'd say invest when the investing is good.

Oil is theoretically finite but practically infinite. When prices go up to the point that demand drops, oil companies will invest in alternative energy. These are the brightest businessmen in the world, they know what they are doing.

Gasoline and cigarettes, two products that despite price increases, people use the same amount.

RealRisk.ca - (Latest Post: Prosecutors have no "Skin in the Game")

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Posted
Oil is a finite resource, the price can only go up due to worldwide energy needs, those wells well be back on line don't worry about that, I'm surprised the oil companies don't invest in alternative energy needs to create jobs, create a buffer for WHEN the oil supply runs out so the cash train keeps coming, and so we can export more oil and make more money. I'd say invest when the investing is good.

Maybe in a couple of hundred years they'll do that. What ever that energy might be, wouldn't even be a drop in the bucket as far as jobs go.

Posted
Gasoline and cigarettes, two products that despite price increases, people use the same amount.

First measure of a society. Which costs more: a litre of gasoline, a litre of wine or a pack of cigarettes.

Second measure of a society. Who earns more: a 22 year old teacher or a 22 year old soldier.

Posted

I'm buying a truck this weekend.

Thought you were buying a BMW.

Wanted to, then realised I lived in Alberta. I could really use the truck for the amount of biking and skiing I do, it's way more convenient that way. So unfortunately I can't afford both and the truck is where it's got to be.

RealRisk.ca - (Latest Post: Prosecutors have no "Skin in the Game")

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Posted
Gasoline and cigarettes, two products that despite price increases, people use the same amount.

First measure of a society. Which costs more: a litre of gasoline, a litre of wine or a pack of cigarettes.

Second measure of a society. Who earns more: a 22 year old teacher or a 22 year old soldier.

How many 22 year old teachers are there?

RIGHT of SOME, LEFT of OTHERS

If it is a choice between them and us, I choose us

Posted

How many 22 year old teachers are there?

None, I think it takes more school than that. :lol:

Can be done. Graduate at 17 from high school, and depending on intake date, graduate with a B. Ed at age 22. The job's are waiting.

As for how much they make, what does a 22 year old soldier make, anyway?

"racist, intolerant, small-minded bigot" - AND APPARENTLY A SOCIALIST

(2010) (2015)
Economic Left/Right: 8.38 3.38
Social Libertarian/Authoritarian: 3.13 -1.23

Posted

Here's what a 0 year teacher makes in the Black Gold Region. 0 year means new grad, with absolutely no teaching experience.

0 years experience

4 years education - $48,255

5 years education - $50,862

6 years education - $53,859

4 years experience

4 years education - $56,337

5 years education - $58,956

6 years education - $61,954

http://www.teachers.ab.ca/Salary+and+Benef...tive+Bargaining

Looks pretty decent to me.

"racist, intolerant, small-minded bigot" - AND APPARENTLY A SOCIALIST

(2010) (2015)
Economic Left/Right: 8.38 3.38
Social Libertarian/Authoritarian: 3.13 -1.23

Posted

How many 22 year old teachers are there?

None, I think it takes more school than that. :lol:

Yeah....I was thinking something like that. A friend of mine teaches High School in Mississauga. First he did his BA at McGill then did the teacher's college thingie followed by a year internship in Australia (something tells me he did that for fun) then he had to get a job......I believe he was 26 before he through hios first chalk at a disruptive student.

RIGHT of SOME, LEFT of OTHERS

If it is a choice between them and us, I choose us

Posted

How many 22 year old teachers are there?

None, I think it takes more school than that. :lol:

Yeah....I was thinking something like that. A friend of mine teaches High School in Mississauga. First he did his BA at McGill then did the teacher's college thingie followed by a year internship in Australia (something tells me he did that for fun) then he had to get a job......I believe he was 26 before he through hios first chalk at a disruptive student.

My wife was teaching at 23, so I guess there are different avenues to get there.

Posted

Found the DND site for pay.

Private (base level, non-commissioned)

$29,808

Corporal (basic)

$50,112

http://www.forces.gc.ca/dgcb/dppd/engraph/..._payrates_e.pdf

Seems like an unfair comparison to me: Teachers vs soldiers. One can die for his country, the other works 180.5 days per year (as per Black Gold Regional CBA)

"racist, intolerant, small-minded bigot" - AND APPARENTLY A SOCIALIST

(2010) (2015)
Economic Left/Right: 8.38 3.38
Social Libertarian/Authoritarian: 3.13 -1.23

Posted
Yup, work out the teachers pay per day of work then they make more than newly graduated lawyers or accountants on average.

Yeah but really, would you let your children near a lawyer or an accountant?

RIGHT of SOME, LEFT of OTHERS

If it is a choice between them and us, I choose us

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