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CKA Uber
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PostPosted: Thu Mar 31, 2016 7:09 am
 


Title: Canada's GDP beats expectations and grows by 0.6% in January, best month since 2013
Category: Economics
Posted By: andyt
Date: 2016-03-31 07:05:46
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CKA Uber
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PostPosted: Thu Mar 31, 2016 7:09 am
 


You go Justine.


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CKA Moderator
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PostPosted: Thu Mar 31, 2016 7:27 am
 


Fucking Liberals. :(


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CKA Uber
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PostPosted: Thu Mar 31, 2016 7:31 am
 


Not to rain on the Liberal love-in, but GDP = C + I + G + (X - M). Spend more government money and GDP goes up. The real question is what will happen to the economy when the government stops throwing tax dollars at it.


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PostPosted: Thu Mar 31, 2016 7:35 am
 


Lemmy Lemmy:
The real question is what will happen to the economy when the government stops throwing tax dollars at it.

Hope that the perceived confidence has generated enough growth to cover the difference.


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PostPosted: Thu Mar 31, 2016 7:41 am
 


peck420 peck420:
Lemmy Lemmy:
The real question is what will happen to the economy when the government stops throwing tax dollars at it.

Hope that the perceived confidence has generated enough growth to cover the difference.


'Zactly. Lower interest rates meant to spur spending don't seem to be working. Instead they created a trend toward cash 'hoarding'.


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PostPosted: Thu Mar 31, 2016 7:56 am
 


Lemmy Lemmy:
Not to rain on the Liberal love-in, but GDP = C + I + G + (X - M). Spend more government money and GDP goes up. The real question is what will happen to the economy when the government stops throwing tax dollars at it.


eXcept that this is for the month of January, ie while still on the Cons last budget. My comment was meant in jest.

GDP has been positive and trending up since Sept., when it was negative. Thanks Stephanie.

Probably the reason GDP is rising is because the low dollar is finally spurring manufacturing. Or all those immigrants and refugees flooding in.


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CKA Uber
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PostPosted: Thu Mar 31, 2016 11:06 am
 


We need some natural disasters.

That'll get the GDP growing again.


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PostPosted: Thu Mar 31, 2016 4:18 pm
 


Lemmy Lemmy:
Not to rain on the Liberal love-in, but GDP = C + I + G + (X - M). Spend more government money and GDP goes up. The real question is what will happen to the economy when the government stops throwing tax dollars at it.

Well the hope is that the "job creators" in the private sector use that government cash to invest. But it's totally possible they just keep hoarding cash and not spend it.


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PostPosted: Thu Mar 31, 2016 4:54 pm
 


BeaverFever BeaverFever:
Lemmy Lemmy:
Not to rain on the Liberal love-in, but GDP = C + I + G + (X - M). Spend more government money and GDP goes up. The real question is what will happen to the economy when the government stops throwing tax dollars at it.

Well the hope is that the "job creators" in the private sector use that government cash to invest. But it's totally possible they just keep hoarding cash and not spend it.


Except they're not being given cash. This seems to be export driven with manufacturing and even oil picking up.


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