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12/04/2008 07:09:06 PM · #51 |
I'm sorry to hear that Slippy, don't know what you work in but I hope things turn around.
Louis,
I'm not saying the economy isn't going to have problems sometime in the future but to sound the alarm like the coalition has been doing is overzealous and reeks of power grab. They could have waited until the budget, this would have made it look more planned out and it would have given them an air of legitimacy, rather than the vultures they look like now. Funny, vultures wait until their meal is dead, they don't ever kill it themselves.
Was there a crisis before the economic update report? Canada's economy was doing ok and the government was doing what seemed to be the right thing at the time, by waiting six weeks for further evidence there actually was an economic downturn and our economy would suffer. Nothing wrong with that under those circumstances and seeing the budget was due near that date, it sounded like the right course of action, seeing there was no emergency or even a perceived threat, at that point.
Stats, here's a link to some stats that aren't spelling out disaster to me at all. Of course some sectors that have been mentioned above are not doing well but they're directly attached to exports to the US like the auto industry and it's suppliers.
Economic indicators Lots more info on that site.
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12/04/2008 07:30:49 PM · #52 |
Originally posted by Strikeslip:
Originally posted by Louis:
Originally posted by Jac:
Job growth is up again, productivity is up again, every thing is OK... |
Jac, are you kidding? Show me some stats, buddy. |
My job is cut from 5 to 2 days per week now, due to the economy. I took out a second mortgage to get by. We'll be OK for five or six months, then we won't. That will be accelerated if my job goes away completely. From where I'm sitting, the economy sucks major ass. |
What's Dalton McGinty doing about it? |
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12/05/2008 12:16:55 AM · #53 |
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12/05/2008 12:57:34 PM · #54 |
| More than 70,000 jobs lost in November.. In October, there were 9,000 personal and business bankruptcies, 9% more than the previous month, 21% more than the previous October. If the government's reaction to this is "wait and see", they're nuts. We could have a coalition government on Monday ready to take this issue on. Instead, we get to wait until February for a vote on the budget. Thank you, Mr. Harper, for taking our economic situation so seriously. |
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12/05/2008 05:57:23 PM · #55 |
Originally posted by Louis:
More than 70,000 jobs lost in November.. In October, there were 9,000 personal and business bankruptcies, 9% more than the previous month, 21% more than the previous October. If the government's reaction to this is "wait and see", they're nuts. We could have a coalition government on Monday ready to take this issue on. Instead, we get to wait until February for a vote on the budget. Thank you, Mr. Harper, for taking our economic situation so seriously. |
It's already old, not even front page news anymore. We're in Canada, it's going to take a hockey and beer strike to get us off our arses and do something about our government. Let's hope that Harper has learned from this and that his pompous attitude will change for the better because of it.
What else can we do except wait it out. You can bet that the budget will include some candy, for who, is another question though. |
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12/05/2008 06:15:38 PM · #56 |
Originally posted by Jac:
Originally posted by Louis:
More than 70,000 jobs lost in November.. In October, there were 9,000 personal and business bankruptcies, 9% more than the previous month, 21% more than the previous October. If the government's reaction to this is "wait and see", they're nuts. We could have a coalition government on Monday ready to take this issue on. Instead, we get to wait until February for a vote on the budget. Thank you, Mr. Harper, for taking our economic situation so seriously. |
It's already old, not even front page news anymore. We're in Canada, it's going to take a hockey and beer strike to get us off our arses and do something about our government. Let's hope that Harper has learned from this and that his pompous attitude will change for the better because of it.
What else can we do except wait it out. You can bet that the budget will include some candy, for who, is another question though. |
Most likely some kind of "Credit credit" check. "Here's $100 for everyone of legal credit card age in Canada to help pay off your Holiday debt."
Followed by "The Conservatives love us!" |
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12/05/2008 06:34:52 PM · #57 |
130,000 jobs created to date despite the 70000 lost.
Most of the 70000 lost are in Ontario's manufacturing sector which does most of its business with the US.
It is not entirely the feds that need to get involved here. What is the Ontario government doing? Are they willing to work with the feds? Based on previous attempts by the feds the answer is no. Why not? Only Dalton McGinty can answer that. My guess is the federal government has the wrong stripes. Put party politics aside and get on with it.
What happens in the next few weeks with respect to the conservatives and the opposition parties will tell us what the real intent of the opposition is, get on with dealing with the issues or keep the government distracted with quibling over who gets to be Prime Minister.
It's obvious that the opposition never had any intention of letting the conservatives get on with governing. That was shown when removing the items that were complained about made no difference.
Yes, Harper dealt with it badly. So the opposition doesn't agree with the governing party's approach to the problem. So what. Figure out a way to work in compromises and get on with it. They complain about Harper's my way or the highway attitude but what of the opposition?
They're all the same. In this case the coalition is just an attempt at a power grab.
The wait and see at the moment is related to the US auto industry bailout. What happens here depends on what happens there. |
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12/05/2008 09:49:33 PM · #58 |
Originally posted by cpanaioti:
130,000 jobs created to date despite the 70000 lost.
Most of the 70000 lost are in Ontario's manufacturing sector which does most of its business with the US.
It is not entirely the feds that need to get involved here. What is the Ontario government doing? Are they willing to work with the feds? |
Yep. Ontario announced they'll go it alone if they have to due to the Parliamentary "crisis", and they've started drawing up plans and crunching numbers.
I obviously don't agree with your assessment of the Coalition. Did you know that the three parties put forward ideas for a coming budget, as asked by the PM before the economic update, and all ideas were rejected out of hand? Do you call that cooperating, or running a successful minority Parliament? Power grab schmower schmab. What do you with an immovable object like Mr. Harper? You turf him. |
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12/06/2008 01:18:54 AM · #59 |
Originally posted by Louis:
Originally posted by cpanaioti:
130,000 jobs created to date despite the 70000 lost.
Most of the 70000 lost are in Ontario's manufacturing sector which does most of its business with the US.
It is not entirely the feds that need to get involved here. What is the Ontario government doing? Are they willing to work with the feds? |
Yep. Ontario announced they'll go it alone if they have to due to the Parliamentary "crisis", and they've started drawing up plans and crunching numbers.
I obviously don't agree with your assessment of the Coalition. Did you know that the three parties put forward ideas for a coming budget, as asked by the PM before the economic update, and all ideas were rejected out of hand? Do you call that cooperating, or running a successful minority Parliament? Power grab schmower schmab. What do you with an immovable object like Mr. Harper? You turf him. |
We'll find out in January whether the ideas for the budget were rejected or not since that's when it's scheduled. |
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