What economists are saying about Trudeau’s stimulus plan
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Painting a mural on the wall of your recycling depot isn't quite what most people consider infrastructure spending.
I can think of quite a few infrastructure projects in BC that are shovel ready except for permits that governments are holding up. Three pipelines and a couple of LNG plants and a refinery for a start. A whole raft of highways projects, lots of utilities upgrades. The list is long, some not real photo ops.
$250000 per job created is pretty cheap if they are including the cost of materials for major infrastructure. After the bureaucracy is finished that probably equals $50000 per worker.
Free Trade alone nullifies and scatters all attempts to inject stimulus into a national economy. All attempts to promote synergy and intensity is sabotaged. It's dust in the wind.. blowing in global hurricane.
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It's uncertain how much job creation can improve the economy over the long term anyway.
I have heard people predicting for years that with governments all operating on deficits and debt, there will have to come a time when the whole system crashes down around our ears.
Possible this is the time that is happening.
There is only so much that can be done. With the population growing unceasingly, world conditions can only get tighter in all aspects.
At some point, somehow, the population has to decrease and the demand for resources, products and services along with it.
I have heard people predicting for years that with governments all operating on deficits and debt, there will have to come a time when the whole system crashes down around our ears.
Possible this is the time that is happening.
There is only so much that can be done. With the population growing unceasingly, world conditions can only get tighter in all aspects.
At some point, somehow, the population has to decrease and the demand for resources, products and services along with it.
I think the advantage of the renewing infrastructure plan is more tied to "reverse" benefits than direct benefits. First of all what is vitally important is to select the best projects. Trudeau may be doing the right thing to take time studying this. By "reverse" benefits I mean doing stuff that will avoid a serious breakdown costing us extra $millions.
You raise a good point. The past week or so there's been a lot on the news about people protesting school closures! There's one reality they are not facing up to. With declining enrollment it's wasteful to pay for keeping unneeded schools open. Maybe it's about time kids got used to the fact of having to walk an extra 1/2 mile to school...............God forbid. Maybe some of these schools could be retooled to make care homes for infirm seniors. Maybe there's too much new construction and tearing down going on. I wonder how many sound old timbers in old buildings are salvaged instead of cutting down more tree to make new timbers. I'm an advocate of the old adage- "Waste not, want not".
I think it's time to step back and look at what is best for Canada. If we really want to invest in this country we need to start taking back control of our natural resources and giving the benefit of those resources to Canadians in the form of jobs and industry. We can start with our energy sector, but there are a lot of places where we can pull back and reinvest.
We don't have to buy foreign oil or import foods from Asia. Walk into a grocery store and check out where all your fish is coming from. Go into any store, even brand name, and see where your clothing, your auto-parts, your tools, your electronics are manufactured.
Instead of inviting outside nations to set up shop and reap the benefits of our country, we should be investing at home.
We don't have to buy foreign oil or import foods from Asia. Walk into a grocery store and check out where all your fish is coming from. Go into any store, even brand name, and see where your clothing, your auto-parts, your tools, your electronics are manufactured.
Instead of inviting outside nations to set up shop and reap the benefits of our country, we should be investing at home.
If you were to invest would you build a factory or business where you have to get permission from three or four levels of government then get permission from environmentalists, natives....etc.
And once you get pass that you have the taxes to worry about
The Tax System Explained in Beer
And we wonder why factories get built overseas or Mexico.....
And once you get pass that you have the taxes to worry about
The Tax System Explained in Beer
And we wonder why factories get built overseas or Mexico.....
Sitting down or grabbing offsales they got ya!
Nobody has factories any longer. It's all assembly facilities.
That's one of the problems in this country - there's no source of money to pay the bureaucraps!
Oh right. I'd completely forgotten about Harper's Nobel Prize in economics. I hate to confuse you with facts, but Harper managed to issue a balanced budget only twice in nine years and the first two don't count as he was living off a surplus created by the Liberals. And during that nine year span he continually cut taxes on the wealthy. Like most conservatives he seemed to quickly forget any economic knowledge he may have acquired when confronted with generous handouts from corporate Canada. One of these days you are going to really surprise me by posting something that isn't pulled out of your backside, but I don't expect to see that happen soon.
Good idea. Canada did try that once under Pierre Trudeau. He managed to reduce foreign ownership in the oil industry from 90% to 70%. Unfortunately, that gain was completely thrown away by the Mulroney government which immediately privatized government owned oil resources. Then he went one step further, committing Canada to the FTA which actually makes it illegal for Canada to attempt to buy back US owned assets.
Had a great laugh reading your grovelling nonsense.
In all your ramblings, not one single word of support for your new-found messiah...... Quite telling really in that not even a true-believer such as yourself can find anything positive about his actual credentials.
Like I stated earlier;
Failed part-time dwama school teacher.
Failed attempt at an Engineering degree.
... But he did deliver a half-hearted effort at being a snowboard instructor.
By the by, whilst suffering through your ramblings on Harper, I noticed that absent among the factoids you cherry-picked, you forgot to mention that Canada was ranked at the top of the G7 and G20 during the recessionary times across the globe.
That in itself says a lot
Your confused a usual. I'm not suggesting you not be allowed to troll. I'm simply asking if you have something to add to the discussion. It would appear that you answered my question quite nicely. Thank you.