Unemployment is actually worse than numbers show

[taxslave]

WOW, do you have a hangover?

Did you really think this through or is it just a robotic response.

The truckers are not producing value? They are taking the load to market on time, which is part of the costs of the products they carry.

Make work jobs? Sorry but if there is a need and people are willing to pay for it is not a make work job.

Like I said the global economy model is broken and with all the companies that moved the jobs out of Canada for cheaper pastures means that new businesses can be created.

Jobs do create wealth and the sooner our Conservative federal government starts believing it and puts back the tariffs on foreign made goods the sooner this country can get their jobs back and be a vibrant economy



The people are the government and they pay for benefits that they can enjoy.

Only resource industries create wealth. All others simply recycle money. This is known as First Dollar. Any government spending wether on public employees or contract work is a drain on the economy, especially when the government is in a deficit position since nearly all government revenue is taxation on money that is already earned and could be spent elsewhere.

 

[Machjo]

Only resource industries create wealth.

Incorrect. The knowledge industry creates wealth too. Certainly you'll agree that a computer is worth more than the raw resources from which it's made.

A computer program has value too, even though it is not even tangible.

 

[L Gilbert]

Actually gov't money is just recirculated. It doesn't generate any wealth economy-wise, although it can for individuals (bureaucrats, politicians, an occasional company, as in grants and the like, etc.).

Incorrect. The knowledge industry creates wealth too. Certainly you'll agree that a computer is worth more than the raw resources from which it's made.

A computer program has value too, even though it is not even tangible.

Yup, it's called value-added. Same for heavy equipment, clothing, etc.

 

[dumpthemonarchy]

Couldn't find Regina on my Vancouver Island road map. Is that south of Nanaimo? Thought it might be another name for Victoria but that is too far south to travel.LOL

Dumpy: That is old news. As most people know stats can does not consider you unemployed once EI runs out. Much like the inflation rate is about double what they claim because they do not count volatile priced essentials like gas and food in their basket of goods. Smoke and Mirrors.

Old tricks and cynical news. Always good to remind people the economy is complicated and many things are going on at the same time as the economy moves in different directions for different people and provinces.

Many of the family class immigrants don't qualify for the jobs mentioned. They move to the big cities and stay there. They're looking for basic jobs and lowering wages as their language and general skills are limited. Very good for capital. But not that good for the country or taxpayers.

Atlantic (white) Canadians and rural (aboriginal) Canadians get the most benefit from working the EI system to their advantage and can continue being layabouts and avoid work. Not so good for capital. But not that good for the country or taxpayers.

 

[SLM]

Old tricks and cynical news. Always good to remind people the economy is complicated and many things are going on at the same time as the economy moves in different directions for different people and provinces.

Many of the family class immigrants don't qualify for the jobs mentioned. They move to the big cities and stay there. They're looking for basic jobs and lowering wages as their language and general skills are limited. Very good for capital. But not that good for the country or taxpayers.

Atlantic (white) Canadians and rural (aboriginal) Canadians get the most benefit from working the EI system to their advantage and can continue being layabouts and avoid work. Not so good for capital. But not that good for the country or taxpayers.

You're getting lazy. Usually you take pot shots at immigrants and aboriginals in separate threads. Pressed for time?