If you mean economically productive jobs, then I agree. This does not apply to make-work jobs though.
Canada no longer leading the G7 in economic growth
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If you mean economically productive jobs, then I agree. This does not apply to make-work jobs though.
Now that is NIMBYism at its finest. OK to burn massive amounts of gas & diesel in the city but not refine it there? Much like not wanting to deal with your own garbage human or otherwise by sending it all out into rural areas. Kind of out of sight out of mind.
How foolish. All private sector jobs are good for the economy. Tell students that temp jobs aren't good. Besides, in the long run, all jobs are temporary.
I meant they aren't as good as permanent jobs. And yes, you live longer than a few years.
Low wages are a double-edged sword. On the one hand, low wages pay less taxes. On the other hand, they don't cost the government as much as unemployment. That's why I oppose minimum wage; it's still preferable for someone to earn a lower wage in the private sector than the lowest wage on social assistance (strange how social assistance does not live up to minimum-wage legislation, eh). However, raising wages is in the government's interest for various reasons. Co-determination legislation can allow workers to negotiate fairer wages with their employer as long as the employer is doing reasonably well economically.
Providing trades and professional education for the unemployed can also help raise wages. For example, even in the absence of minimum-wage legislation, the government could say that anyone earning less than X dollars per month could apply for job training paid for by the government so as to qualify him for a higher-paying job later in in-demand jobs. Also, since he's still working while waiting for a spot to open up in a government-funded course, that frees up social assistance money that would otherwise have gone to paying him an indecent government income which can then be redirected towards skills training, thus transforming a hand-out to a hand-up.
Also, if we could allow inmates to do economically productive work, that too would free up money which could then go towards providing inmates with skills training and certification for when they are released.
Minimum-wage legislation though does not allow for this kind of flebility since then so many people are on social assistance that there is little money left for job training programmes.
Not necessarily. Some private-sector jobs are also make-work jobs caused by legislation such as bilingual labelling, jobs created by trade barriers, etc.
That depends. Some people might want a temporary job for whatever reason.
Providing trades and professional education for the unemployed can also help raise wages. For example, even in the absence of minimum-wage legislation, the government could say that anyone earning less than X dollars per month could apply for job training paid for by the government so as to qualify him for a higher-paying job later in in-demand jobs. Also, since he's still working while waiting for a spot to open up in a government-funded course, that frees up social assistance money that would otherwise have gone to paying him an indecent government income which can then be redirected towards skills training, thus transforming a hand-out to a hand-up.
Also, if we could allow inmates to do economically productive work, that too would free up money which could then go towards providing inmates with skills training and certification for when they are released.
Minimum-wage legislation though does not allow for this kind of flebility since then so many people are on social assistance that there is little money left for job training programmes.
Not necessarily. Some private-sector jobs are also make-work jobs caused by legislation such as bilingual labelling, jobs created by trade barriers, etc.
That depends. Some people might want a temporary job for whatever reason.
Canadians losing confidence in economy: survey
Global financial uncertainty and slowing job creation made Canadians feel less optimistic about the economy last month, according to a Royal Bank of Canada survey.
Less than a third - 32 percent - of Canadians felt positive about the outlook for the economy over the next year, down from 43 percent in January 2011, and from the 56 percent who were positive two years ago, the poll showed.
The RBC Canadian Consumer Outlook Index released on Thursday revealed only 36 percent of respondents expected their own personal financial situation to improve in the next 12 months, compared with 38 percent in 2011 and 45 percent in 2010.
The online survey was taken Jan. 9 to 16. The Canadian economy added just 2,300 net new jobs in January and the unemployment rate rose to 7.6 percent as global financial uncertainty, including the euro zone debt crisis, weighed on growth.
RBC Chief Economist Craig Wright said in a statement the bank was cautious about the Canadian outlook for 2012 given slowing jobs growth and concerns about the U.S. and European economies.
Another challenge for the Canadian economy has been a spike in household borrowing, triggered by the ultra-low interest rates that followed the recession. Last year, the ratio of debt to disposable income climbed to a record 153 percent and is approaching levels seen in the United States before the financial crisis.
The RBC survey showed that while Canadians have reduced their average personal non-mortgage debt to $11,729 from $13,020 in the last quarter, 57 percent have no savings set aside for an emergency.
However, almost a third of those surveyed said they intended to focus on reducing debt and spending less over the course of the next year.
The survey, launched in November 2009, garnered responses from 4,479 Canadians across the country and has an estimated margin of error of plus or minus 1.65 percentage points, 19 times out of 20.
Canadians losing confidence in economy: survey | Canada | News | Toronto Sun
Economies go up, they go down. It ain't astrophysics, Sherlock.
The whole idea of economies based upon ink on paper is insane anyway.
The whole idea of economies based upon ink on paper is insane anyway.
Canada wa sitting on top of the economic curve when the crisis struck it had nothing to do
with the Tory Government of the day. The curve could well turn out to be a Sunami of
debt that will cause some major concerns for Canadians in the coming months. Remember
this government has piled up more deficit and debt spending than even Brian Mulroney.
and this will not be lost on Canadians in the next few years.
There is two ways to go, cost cutting and reductions like Harper is doing or we can get the
economy moving by providing opportunities for private investment in areas like new and
solid technologies of the future. We have a chance to rebuild our industrial complex in
North America, using new technology and reformulated business models. This could be
somewhat like the Germans after WWII if we did it right.
We need bold ideas and some people with in ingenuity to seize the moment like those who
came before. People like CD Howe for example. Of course Dief the Chief screwed that up
in the fifties.
What we need is not more spending, we need new ideas and the seed money investment
to rebuild out infrastructure in the manufacturing sector and energy sectors. At the moment
we have a calculated little man sitting in Ottawa thinking of the rules of the 1980's to live by
and we are not dealing the twenty first century issues and problems.
That does not look good until the next election and I do believe the Tories have crested in
popularity. They are not moving this country forward, and they staked their legacy on a
financial myth that will bite them. What is it Kennedy once said
"He who rides the back of the tiger, ultimately ends up inside"
with the Tory Government of the day. The curve could well turn out to be a Sunami of
debt that will cause some major concerns for Canadians in the coming months. Remember
this government has piled up more deficit and debt spending than even Brian Mulroney.
and this will not be lost on Canadians in the next few years.
There is two ways to go, cost cutting and reductions like Harper is doing or we can get the
economy moving by providing opportunities for private investment in areas like new and
solid technologies of the future. We have a chance to rebuild our industrial complex in
North America, using new technology and reformulated business models. This could be
somewhat like the Germans after WWII if we did it right.
We need bold ideas and some people with in ingenuity to seize the moment like those who
came before. People like CD Howe for example. Of course Dief the Chief screwed that up
in the fifties.
What we need is not more spending, we need new ideas and the seed money investment
to rebuild out infrastructure in the manufacturing sector and energy sectors. At the moment
we have a calculated little man sitting in Ottawa thinking of the rules of the 1980's to live by
and we are not dealing the twenty first century issues and problems.
That does not look good until the next election and I do believe the Tories have crested in
popularity. They are not moving this country forward, and they staked their legacy on a
financial myth that will bite them. What is it Kennedy once said
"He who rides the back of the tiger, ultimately ends up inside"
yawn... that's your standard response, isn't it?
.. And a reasonable # is?
Here's the deal buddy, the private sector will determine that # based on whether or not it makes sense to invest risk capital to start/continue a business.
The chance that experimenters like you want to take is to screw with that # to the point where the private sector starts to retract.... Got any idea relative to what happens when private business' shrink?
Hint: think small business - not just the Bombardier's of Canada.
You are a fine writer even if you live in a dream world,but could you please tell me what a
Sunami of debt is?
Canadian economic growth braking, but still leads G7 countries, IMF says
Posted on Tue, Jan 24, 2012, 5:24 pm by Julian Beltrame
Canada’s recovery is being dragged down by a cascading crisis in Europe and weakening conditions elsewhere, the International Monetary Fund suggests in its latest economic outlook.
The Washington-based monitor of global financial affairs said Tuesday that Canada’s economy will likely now grow by only 1.7 per cent, more than half a point below 2011′s 2.3 per cent advance.
The new forecast is three notches lower than the Bank of Canada’s estimate just last week — and two-tenths of a point lower than its own previous call in September.
And the IMF doesn’t see the economy in Canada strengthening much in 2013. Unlike the central bank, which predicts 2.8 per cent expansion next year, it says Canada’s recovery will be restrained to two per cent.
Posted on Tue, Jan 24, 2012, 5:24 pm by Julian Beltrame
Canada’s recovery is being dragged down by a cascading crisis in Europe and weakening conditions elsewhere, the International Monetary Fund suggests in its latest economic outlook.
The Washington-based monitor of global financial affairs said Tuesday that Canada’s economy will likely now grow by only 1.7 per cent, more than half a point below 2011′s 2.3 per cent advance.
The new forecast is three notches lower than the Bank of Canada’s estimate just last week — and two-tenths of a point lower than its own previous call in September.
And the IMF doesn’t see the economy in Canada strengthening much in 2013. Unlike the central bank, which predicts 2.8 per cent expansion next year, it says Canada’s recovery will be restrained to two per cent.
