[andyt]

http://www.cbc.ca/news/business/canadia ... -1.3262404

$1:

If the federal government's Economic Action Plan had lived up to its billing, Canada should be swimming in jobs right now.

In fact, Statistics Canada reported Friday morning the unemployment rate rose from 7 to 7.1 per cent in September on a modest gain of 12,000 jobs. Most of those jobs were part time, with 74,000 new part-time positions created during the month, offset by a loss of 62,000 full-time jobs.

A majority government with friends in business and handed a balanced budget by Liberal Paul Martin, the Conservatives had as much power to manage the economy as is possible under Canadian democracy.

If their strategy had been the right one, we should be seeing the results right now. In other words, if the prime minister really can fulfil his promise of creating 1.3 million net new jobs in the next five years despite the commodities crash, voters might ask why he didn't do a better job during the past five.

[2Cdo]

andyt andyt:

http://www.cbc.ca/news/business/canadian-employment-figures-election-analysis-1.3262404

$1:

If the federal government's Economic Action Plan had lived up to its billing, Canada should be swimming in jobs right now.

In fact, Statistics Canada reported Friday morning the unemployment rate rose from 7 to 7.1 per cent in September on a modest gain of 12,000 jobs. Most of those jobs were part time, with 74,000 new part-time positions created during the month, offset by a loss of 62,000 full-time jobs.

A majority government with friends in business and handed a balanced budget by Liberal Paul Martin, the Conservatives had as much power to manage the economy as is possible under Canadian democracy.

If their strategy had been the right one, we should be seeing the results right now. In other words, if the prime minister really can fulfil his promise of creating 1.3 million net new jobs in the next five years despite the commodities crash, voters might ask why he didn't do a better job during the past five.

I'd guess that the majority of those job losses were in Alberta and the oil and gas industry due to the continuing low price of oil. Which is something the PM has zero control over.

[andyt]

Funny how he has no control over job losses, yet can promise to "create" 1.3 million by 2020. Typical CPC bobblehead response - Harper has no control over negatives, gets credit for positives and is the best at "running the economy."

[BartSimpson]

andyt andyt:

Funny how he has no control over job losses, yet can promise to "create" 1.3 million by 2020. Typical CPC bobblehead response - Harper has no control over negatives, gets credit for positives and is the best at "running the economy."

Just like Obama. So?

[2Cdo]

andyt andyt:

Funny how he has no control over job losses, yet can promise to "create" 1.3 million by 2020. Typical CPC bobblehead response - Harper has no control over negatives, gets credit for positives and is the best at "running the economy."

Engage andy in civil discussion, responds with insults.

Typical andy, ignore anything that conflicts with his continuing HDS issue

[uwish]

andyt andyt:

Funny how he has no control over job losses, yet can promise to "create" 1.3 million by 2020. Typical CPC bobblehead response - Harper has no control over negatives, gets credit for positives and is the best at "running the economy."

but NONE of the other parties are promising more jobs either are they?

[andyt]

Well, Trudeau is actually promising them with something he has control over - infrastructure spending. And he's not trying to ride on his supposed great economic record while having no control over the economy. That's strictly CPC bobblehead stuff.

To quote the article again

$1:

If their strategy had been the right one, we should be seeing the results right now.

Bobbleheads here were chortling with how the economy is recovering and we're doing great. Do rising unemployment rates really indicate that? The usual CPC ploy. First deny there's a problem ("if we were going to have a recession we would have had it by now") then, when the problem becomes too obvious to ignore, blame it on external factors, "we can't help it." Finally, when all else fails, go for the tried and true "the Liberals did it toooo."

[romanP]

the Roman emperor Caligula had his soldiers stab the sea in an attempt to kill Neptune. some say he was the first job creator.

[OnTheIce]

andyt andyt:

Well, Trudeau is actually promising them with something he has control over - infrastructure spending. And he's not trying to ride on his supposed great economic record while having no control over the economy. That's strictly CPC bobblehead stuff.

Speaking of bobblehead,

There's 60+ billion/year in infrastructure spending in the CPC plan.

Infrastructure spending isn't new nor is it a 'fix' for the Canadian economy.

[Lemmy]

OnTheIce OnTheIce:

There's 60+ billion/year in infrastructure spending in the CPC plan.

Infrastructure spending isn't new nor is it a 'fix' for the Canadian economy.

It's the type rather than the amount that's important. Building gazebos, fake lakes and the like should be avoided.

[OnTheIce]

Lemmy Lemmy:

OnTheIce OnTheIce:

There's 60+ billion/year in infrastructure spending in the CPC plan.

Infrastructure spending isn't new nor is it a 'fix' for the Canadian economy.

It's the type rather than the amount that's important. Building gazebos, fake lakes and the like should be avoided.

[Lemmy]

Yeah, that was my point, genius.

[andyt]

OnTheIce OnTheIce:

andyt andyt:

Well, Trudeau is actually promising them with something he has control over - infrastructure spending. And he's not trying to ride on his supposed great economic record while having no control over the economy. That's strictly CPC bobblehead stuff.

Speaking of bobblehead,

There's 60+ billion/year in infrastructure spending in the CPC plan.

Infrastructure spending isn't new nor is it a 'fix' for the Canadian economy.

It's stimulus. It makes no sense for the Cons to be cutting, including 9 billion under spending in dept budgets, stepping on the economic brake, while the Bank of Canada is trying it's level best to stimulate a sluggish economy. The two should be acting in concert.

[PluggyRug]

A reminder for those who believe politicians tell the truth.

[OnTheIce]

andyt andyt:

It's stimulus. It makes no sense for the Cons to be cutting, including 9 billion under spending in dept budgets, stepping on the economic brake, while the Bank of Canada is trying it's level best to stimulate a sluggish economy. The two should be acting in concert.

The Con's aren't cutting.

Why do we need stimulus? Did our economy suddenly tank? Governments cannot control the economy. All they can do is provide an environment in the hopes it will prosper.

With the Bank of Canada lowering borrowing rates and the government lowering taxes, that provides a better environment for business to setup shop or grow. They are working in sync.

Under spending in departments happens every single year.