There is no contradictory messsage for anyone over 12 years old. The message is we are in recession (bad) but we're in better position than most of the rest of the planet that is also in recession (good).
The IMF agrees:
Quote:
He said global financial woes have spilled over into Canada, but he recognized that Canada's economy is "faring better than many abroad" and said the country is better positioned to weather the financial storm.
He cited three reasons:
A track-record of sound macroeconomic policy management that has slashed debt and maintained price stability.
A proactive government response to the crisis, including the Conservative stimulus package announced in January, calling it "large, timely and well targeted."
A focus on financial stability through regulations. Kramer noted Canada's banks were well capitalized and avoided the losses that many suffered around the world.
"Reflecting these factors, economic activity will likely decline further in the near term, before picking up on the back of the policy stimulus already in train," Kramer wrote.
http://www.ctv.ca/servlet/ArticleNews/s ... TopStoriesAkh
Great post. That 12 year old part is the obvious stumbling block though.
