Conservatives and Liberals in a virtual tie nationally

BitWhys

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Apr 5, 2006
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Re: RE: Conservatives and Liberals in a virtual tie national

JonB2004 said:
The idea of 0% ecoonmic growth in Canada is just speculation.

gah

Statistics Canada reported Monday that gross domestic product was essentially unchanged in May after edging up 0.1 per cent in both March and April, although it was up by 2.6 per cent from May of last year.

(0 + .1 + .1) * 4 = the 0.8 annualized

if that's not a sputtering economy nothing is.

speculate that.
 

BitWhys

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Re: RE: Conservatives and Liberals in a virtual tie national

JonB2004 said:
And fine, if you don't believe me about health care wait times money, then I'll provide a link. Health care transfers are expected to grow by 6% every year. That means an extra $1.1 billion went to wait times this year. http://www.fin.gc.ca/budget06/bp/bpc3ee.htm#health

The re-announcement of an existing (Liberal) program with no mandate to guarantee service is your idea of the CONservatives delivering on a promise?

really?

:roll:
 

BitWhys

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Re: RE: Conservatives and Liberals in a virtual tie national

JonB2004 said:
And Harper isn't broke.

says you

The fiscal outlook for Ottawa that Mr. Drummond released yesterday shows the government cannot afford the full GST cut within the promised time frame unless it is introduced part way into the 2010-2011 fiscal year.
 

#juan

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Aug 30, 2005
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Even in 2006, Canada's economy was stronger than all of the G-7 countries. Another good indicator is the education of our children.

 

BitWhys

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Oh I'm not sounding any alarms about the economy. The point is if this guy is right (op cit)...

Far from reaching 3.2 per cent, "the economy will be hard-pressed to get above 2 1/2 per cent following today's results," wrote BMO Nesbitt Burns economist Douglas Porter.

Then Harper should be bracing himself for a $1B shortfall in projected revenues for the current fiscal year. Either that or hope gas prices go through the roof.
 

#juan

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BitWhys

I still don't know why Harper was compelled to lower the GST. I think most people just wanted a change from the Liberals. Knocking a point off the GST is a pile of dough. I guess once he made the promise, he had to keep it. I've always liked the idea of the GST going completely to debt reduction. Oh well. Let's hope Harper doesn't add to the debt. That would make a lot of people unhappy.
 

JonB2004

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Mar 10, 2006
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I'm aware that the GDP didn't grow in May. But the stock markets, energy prices and inflation were declining that month. Right now, the stock markets are much higher, energy prices are rising, and inflation is still high. Maybe the economy slowed down in May, but it looks like its regaining its speed.

OK, I'm wrong. Sorry about that. The Conservatives are re-annoucing a Liberal developed program.
 

BitWhys

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Apr 5, 2006
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Re: RE: Conservatives and Liberals in a virtual tie national

JonB2004 said:
...Maybe the economy slowed down in May, but it looks like its regaining its speed...

I'm not saying it won't. What I'm saying is 0.6% out of 3.2% (ie. 18% of the projection) of projected growth for the year is MIA and unless the economy rebounds to ahead of pace (highly unlikely) that's going to effect the bottom line.
 

BitWhys

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Apr 5, 2006
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#juan said:
BitWhys

I still don't know why Harper was compelled to lower the GST. I think most people just wanted a change from the Liberals. Knocking a point off the GST is a pile of dough. I guess once he made the promise, he had to keep it. I've always liked the idea of the GST going completely to debt reduction. Oh well. Let's hope Harper doesn't add to the debt. That would make a lot of people unhappy.

lousy policy. good politics. but even at that I don't think that now we're on the receiving side of phase 1 many people are really all that impressed.
 

BitWhys

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Apr 5, 2006
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Re: RE: Conservatives and Liberals in a virtual tie national

JonB2004 said:
The made-in-Canada plan will probably be good. But we'll have to wait to October to see.

That'll be quite a stunt considering that just over three months ago David Suzuki surmised that when it comes to Harper's minions having a plan "they don’t have a fuck ing clue".
 

#juan

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Aug 30, 2005
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Harper wants a plan just like Bush has. The U.S. added something like thirty eight coal-fired power plants and their green house gas emissions went down. Sounds like a bit of a miracle.