Jump to content
Political Discussion Forums

Search the Community

Showing results for tags 'recession'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Canadian Politics
    • Federal Politics
    • Provincial Politics
    • Local Politics
  • International Politics
    • United States Politics
    • Canada / United States Relations
    • The Rest of the World
  • Moral, Religious and Political Philosophy
    • Moral & Ethical Issues
    • Religion & Politics
    • Political Philosophy
    • Sex and Gender Issues
  • Off-Topic Discussions
    • Arts and Culture
    • Health, Science and Technology
    • Business and Economy
    • Travel, Leisure and Sports
    • Media and Broadcasting
  • News and Help
    • Support and Questions
    • News and Announcements
  • DataVis's Events
  • Sudo Intellectuals Club (by Michael Hardner)'s The Clubhouse
  • Sudo Intellectuals Club (by Michael Hardner)'s Where is the World Headed ?
  • Sudo Intellectuals Club (by Michael Hardner)'s Media Hot and Cold
  • Sudo Intellectuals Club (by Michael Hardner)'s Suggest A Topic
  • No Rules/Free Speech Club's Club Suggestions
  • No Rules/Free Speech Club's General Talk
  • No Rules/Free Speech Club's Canadian Politics
  • No Rules/Free Speech Club's US Politics
  • No Rules/Free Speech Club's World Politics
  • Democratic Dictatorships's Countries
  • Whatever I damn well want to talk about.'s Topics
  • Ice Hockey's NHL Hockey Talk
  • Anything Off Topic's Trudeau and Senate
  • Anything Off Topic's Israel BDS Movement
  • Anything Off Topic's Climate Cultists
  • Anything Off Topic's U.K. Europe and Illegal Migration
  • Anything Off Topic's Affirmative Action and Diversity
  • Anything Off Topic's Affirmative Action
  • Anything Off Topic's A Tax on Home Equity is wrong
  • History's General History

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


AIM


MSN


Website URL


ICQ


Yahoo


Jabber


Skype


Location


Interests

Found 2 results

  1. Im currently a grade 12 student who started an Initiative to Inform Youth about Politics and World Issues. I started this podcast in the summer of 2019 after seeing the lack of attention being given to the Canadain election of 2019. My older friends were not voting, and if they were voting, they voted without the proper knowledge. That led me to create this podcast where I try to inform the youth about world issues and politics, and hopefully encourage them to vote. CHECK IT OUT HERE & TELL ME WHAT YOU THINK
  2. By now everyone is aware that the country is in a recession by the definition that the Tories legislated themselvestwo quarters of negative growth. Some claim there is a silver lining: jobs are up, GDP grew in June, and our exports to our largest trading partner are up. By now the Conservatives are playing politics with their euphemisms "contraction" and "technical recession." They're using these term because they truly believe that the economy has already recovered and that the dip is meaningless. However, putting the GDP aside and despite the growth in jobs and exports, there are other indicators that suggest we may not be pulling out of the recession at all. From the linked article by economist Iglika Ivanova: Business investment is down for three consecutive quarters For starters, business investment is still down and has been on the decline since the Tories won their majority government in 2011. Indeed, Mark Carney, then governor of the Bank of Canada, accused corporate Canada of sitting on stockpiles of dead money. Nothing has change since then and in fact it has only gotten worse. Consumers being able to signal demand is the lifeblood of any economy. Companies can't invest if people don't tell them with their dollars what they should invest in. People don't have the money to signal demand if corporate Canada is sitting on it and not investing. It's a catch 22 that requires intervention to get wealth moving again. And that's exactly what happened in January when the Bank of Canada cut interest rates. Except business investment continued to drop for two more quarters with no end in sight. It's not just oil and gas in decline Conservatives keep repeating that it's only oil and gas that have turned down. They must only be looking at the oil and gas column in the numbers because the truth is a number of sectors are in decline. Construction, manufacturing, and wholesale trade are all major indicators of our economic well being. For some bizarre reason, the Harper Government has completely ignored their precipitous decline and only refers to oil and gas. Household debt is on the rise Disposable incomes are falling. The rising consumer spending that people have pointed to as an indicator of our economy recovering is being financed by debt. While the interest rates are dropping, the proportion of debt to household income hasn't budged since 2008. Consumers are trying to spend their way out of the recession by incurring more debt, while businesses are sitting on stockpiles of dead money and not investing. -- So growth of 0.5% in June is nice, but our economy is still struggling under Harper's leadership. We need a better focus on a more diversified economy that doesn't give corporate welfare to companies who sit on that money. The problems with Canada's current economy run far deeper than a stagnate GDP.
×
×
  • Create New...