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[blackpowder]

How can anyone truly believe that if all the world's wealthy stop using oil, without a cheaper replacement, all the poor will follow?

No one dares try and explain..

[dmlfarmer]

You obviously dont understand economics dml. If the employment rate dropped 2 pts under Trudeau and a million jobs were created, that would mean a roaring economy like the US. A roaring economy shows up instantly in the GDP. Ours has falled from 2% to 1% over the last 4 yrs. So its obvioulsy fake and manipulated or debt was used to mask it all.

Our GDP is less than inflation, means technical recession.

Then show me your "real" unemployment chart Jazz! You continually make claims but never back up a thing you say with verifiable data, just partisan BS.

If YOU understood economics you would know that GDP is not solely dependant on employment numbers. Employment is only one factor which effects GDP.

You would also realize that the "roaring" US economy is the result of the roughly US $ 1 trillion dollar budget deficit that Trump has run every year since taking office and now that the economic sugar high is wearing off of his tax cut which never did trickle down to the average consumer, the US is facing a recession. Odd how your economic wizardry sees no problem with the deficit in the US but it is a huge problem for Canada - especially when our debt to GDP (93%) is lower here than the US debt to GDP (107.2%). Please explain that too oh economic genius!

[blackpowder]

So tired of the delusional lie. That if North America and Europe stopped using oil, everyone else will.
Artificial incentives won't work if not universal. Only supply/demand will.

[jazz]

dml, use reason. When people hire, that means they have disposable income to do so and see an environment of expanded economic activity. When they hire that person, they immediatelly enter the economy and start consumer purchases. Consumer purchases are 70% of a modern economy. The resulting spin off economic activity is reflected in the exchange of goods and services. Its a direct corelation to GDP.

So either we hired a bunch of people who are still living at home or with relatives and never spend a dime or the jobs are fake, temporary, part time, seasonal, student whatever. They are a non factor in our economic growth. So debt was taken to create the illusion of work.

The exact opposite of the US who with every surge in job numbers sees a surge in quarter GDP. Exactly as predicted.

[fjlip]

Forward Dr, forward...

[dmlfarmer]

dml, use reason. When people hire, that means they have disposable income to do so and see an environment of expanded economic activity. When they hire that person, they immediatelly enter the economy and start consumer purchases. Consumer purchases are 70% of a modern economy. The resulting spin off economic activity is reflected in the exchange of goods and services. Its a direct corelation to GDP.

So either we hired a bunch of people who are still living at home or with relatives and never spend a dime or the jobs are fake, temporary, part time, seasonal, student whatever. They are a non factor in our economic growth. So debt was taken to create the illusion of work.

The exact opposite of the US who with every surge in job numbers sees a surge in quarter GDP. Exactly as predicted.

Thanks for providing the verifiable facts and data I asked for.... NOT! Just more trickle down BS - what I expected from you.
You ignore the impact world commodity prices have on GDP and the fact that Canada is much more dependant on resource exports than US. You ignore the impact consumer debt has on purchase decisions. A new job does not mean that consumer suddenly has loads of cash to spend; especially if they are carrying large levels of debt already. You ignore the impact of public perception of the future. People are not going to spend money if they think the economy is slowing. You ignore the fact the US stats of 3.7% unemployment means the US is technically considered to be at full employment therefore there will be more of an impact price and wage wise than in Canada where we are 2% higher - much of it due to low world commodity prices and the slowdown in those industries as a result. You ignore the fact over 4 million people in the US are considered involuntary part time workers because they simply cannot find full time work. Why is part time workers a problem in your mind in Canada but not in US?

So put up some real facts to defend your claims of your economic brilliance are go back to school and learn some real economics

[fjlip]

So put up some real facts to defend your claims of your economic brilliance are go back to school and learn some real economics

Must be Justin Turdo school of economics so that you can be HAPPY with your situation.

[jazz]

People are not going to spend money if they think the economy is slowing.

Let me get this straight, you think we have hiring boom in a slowing economy. Well that would upend about 150 yrs of economic theory. So people get jobs and don't spend any money? Have you seen Canadas savings rates?

People who are working is solid jobs are spending every dime to keep up with inflation and the cost of living. That should be easily transferable to a GDP spike. The fact that its not shows poor quality jobs, fake, part time, seasonal, student. govt sector.

Whatever it is, GDP is the standard measure of our economy fake jobs or not and ours is falling. A GDP under inflation is called a recession. A prolonged recession is a depression.