Re: RE: Canada's Oil Reserves
Reverend Blair said:
Actually his points are the same old babble that got us into the mess we're in today. If it actually worked, the people of Africa would all have non-polluting flying cars by now. The poorest campesino in South America would be lighting cigars with $100 bills.
It has failed miserably.
Ignoring your illogic, another post to support TORO, even from the Globe and Mail:
You say prosperity, I say productivity
By JEFFREY SIMPSON
Wednesday, June 29, 2005 Updated at 4:01 AM EDT
From Wednesday's Globe and Mail
One word should figure in every major political speech, whether from the left or the right.
The word scares people. It is poorly understood, or at least capable of multiple definitions. It isn't sexy. Nobody ever got elected talking about it -- at least not yet. But on this word, and on the ideas that lie behind it, depends our future prosperity and our ability to pay for social programs and to make our way in an increasingly tough, competitive world.
The word is productivity. Yesterday, for example, Conservative Leader Stephen Harper gave his end-of-session speech, chastising the Liberals, of course, and hinting at policy directions for his party. Not a word about productivity.
Mr. Harper is not alone. On the Liberal benches, only a couple of ministers such as Ralph Goodale or David Emerson dare mention productivity. As for the Bloc Québécois, forget it. Ditto for the NDP.
This week, the Council of Chief Executives correctly warned that "we have had essentially zero productivity growth over the past two years." That's not ideology talking, that's fact. And zero productivity means zero growth in real incomes, jobs, prosperity.
Don't pay attention to the business bullhorns' warnings if you think them biased. Listen, instead, to Andrew Sharpe and Jeremy Smith, of the Centre for the Study of Living Standards, who, with Someshwar Rao of Industry Canada, published a highly detailed, balanced study of Canada's prosperity.
Their warning: "Current productivity developments are troubling, and if they continue, Canada's future prosperity is threatened, both in absolute terms and relative to other countries." Their blunt finding, based on Statistics Canada data: output per hour (a measurement of productivity) "virtually disappeared" in 2003 and 2004. Since 2000, productivity has grown a "very weak" 0.9 per cent yearly, compared to 3.8 per cent in the United States.
This kind of "very weak" productivity is like the rate from 1973 to 1996 -- the "nightmare years" of huge deficits, growing national indebtedness, widening tax gaps with the U.S., slower growth. We know, or ought to know, what those years produced and didn't produce.
A politician who wanted to talk straight to the Canadian people (would such a person be rewarded?) would discuss productivity morning, noon and night. He or she would use the bully pulpit of politics to explain the challenge, mobilize understanding, and propose remedies.
Central to the discourse would be three facts.
First, the population is aging. In a decade, fewer people will be working relative to those retired. Unless tomorrow's workers are more productive than today's, overall standards of living will decline.
Second, Chinese, Indians, Mexicans, Brazilians and others aren't going away. They want a better standard of living for themselves. They cannot be competed with on wages, but only on value-added strategies -- meaning innovation, research, flexibility, capital investment, worker training. If we don't focus on productivity, we can be certain they will. And we will lose.
Third, productivity is not Charlie Chaplin chained to a wheel in Modern Times -- workers slaving for less. The point of improved productivity is that people and companies produce more with less, thereby raising living standards -- with which governments can then expand foreign aid and social programs.
Productivity, therefore, is an urgent issue for the political left, provided it is properly framed and understood. Alas, too many people on the left think of productivity as the workers' enemy, whereas, in the long term, it can be their friend.
The core of better productivity is human capital development. Of course, it's also using materials more wisely, upgrading technology, working more collaboratively, restructuring work, ensuring competitive tax levels. But it's mostly about winning the battle of minds and skills in the global world.
Government policy should be measured against two questions: How does this improve our country's human capital development? Does this policy improve our connectedness and competitiveness with the global reality of tomorrow? To ask these questions is to throw out the window most of what the Martin government has done and what the opposition Conservatives propose.
No political party asks these questions. The parties are redistributing wealth rather than creating it, cutting deals, avoiding substantive debates, scrabbling for temporary gain, failing to ask the fundamental questions about productivity -- What does it mean? How do we recover it? How do we invest more and work smarter? How do we go global? -- on which Canada's prosperity depends.