So he dodges the question by sliding in talking points:
libruls bad … somehow
free enterprise … because regulation and safety are bad
drop taxes … and then services because no money
What’s the Canadian promise? Is it the same “private healthcare, fuck the unemployed, fuck the outsiders, why am I even talking to you plebes” conservative M-O?
We have had stagnant GDP growth for a decade, exploding housing prices, doctor shortage, food bank usage is skyrocketing, people are living in rest stops, on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration. That is why Liberals are bad and why economic growth is important, part of that is dropping taxes so we can accrue investment, as the Bank of Canada literally raises the alarm bells for a lack of productive investment into Canada.
When you hurt poor people this badly for a decade usually you’d recognize the reality around you. If you’re going to tax people it also needs to be spent on something productive, not consumption but mass transit, why we still dont have high speed rail spanning from every major city while spending this much is a joke.
Understanding basic math and economics can help a lot here. If the country’s population is growing at the same speed as its economy, the per-capita GDP will be about 0%. After inflation, Canada has seen a 17% GDP growth, which is more than the average.
exploding housing prices
Because of investors, and for no other non-trivial reason.
It’s the investors who buy up 5, 10, 15 or even more homes to then rent out, which are the problem. They are the ones who drive up the price and then leverage the “captive market” to charge whatever rents they want, because prices are too high for renters to afford, and rents are too high for them to save.
It’s the investors who buy homes “on spec” only to flip them near completion for twice (or more!) what they originally paid which are the problem. They are the ones driving home prices up purely for profit, likely having never seen the place.
It’s the investors who buy homes to flip, slap on a coat of paint and shove in a cheap IKEA kitchen before listing it for 20% more than what they paid which are the problem. They make no material improvements, frequently introduce problems via shitty work, and then expect to reap outsized rewards for something that is usually worse off than when they first got it.
And who encouraged these “investors”? The mortgage deregulation of the Mulroney and Harper administrations.
doctor shortage
Decades-long Conservative defunding of healthcare in order to “prove” it “doesn’t work”.
food bank usage is skyrocketing
Greedflation, thanks to food chain consolidation. Most of which was enabled by Conservative policies. The Libs looked the other way, but didn’t explicitly encourage it like the Conservatives did.
people are living in rest stops
See: “investors”, above.
on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration.
How bad at math are you?
Canada’s GDP has grown by 17%, after inflation, over the last decade. They only reason why per capita GDP is near zero is because it is per capita… if population grows in lockstep with GDP, the math is inevitable that the per capita GDP will be almost nothing. But the overall after-inflation GDP is better than most OECD countries.
If anything, mass immigration hurts GDP numbers, it doesn’t help them.
part of that is dropping taxes
Except the only taxes that Conservatives will actually be dropping will be those of the wealthy and hyper-wealthy, because those are their campaign donors. This will put the taxation burden on those who can least afford it - the working class. And when tax revenues drop, out comes the cuts to social services, leading to more cracks that people and families fall through and more homeless people living out of their vehicles.
It’s a well-worn path walked by all conservative political parties world-wide, PeePee will be no different.
Our population grew at 17%.
Our GDP grew at 17%.
That is how we got a near-0% per capita GDP.
Are you really saying that all these immigrants, many to most of whom work minimum-wage jobs because they have no ability to leverage their own foreign education and certifications, are really going to be equally as economically productive as citizens who have advanced/established careers and domestically-recognized certifications and education?
Ya gotta use your brain once in a while, man. Otherwise your ignorance ends up bleeding out all over the place.
It’s just as bad as Schrödinger’s immigrant: simultaneously lazy AF and mooching off of social security, while also taking all of our jobs. It’s a recipe for racism and ignorance, while also being intellectually bankrupt.
Central banks dont recognize it themselves given the huge amount of money being ploughed into housing, to attain the rampant speculation their low interest policies created. There was an article I saw today that there isnt even a housing shortage, just dimwitted people bidding up home values much like the US prior to 2008.
Housing obviously acts as a liquidity sponge for debt to increase the wealth effect, but surely there is a reckoning like the US had at the end of all of this.
So he dodges the question by sliding in talking points:
What’s the Canadian promise? Is it the same “private healthcare, fuck the unemployed, fuck the outsiders, why am I even talking to you plebes” conservative M-O?
We have had stagnant GDP growth for a decade, exploding housing prices, doctor shortage, food bank usage is skyrocketing, people are living in rest stops, on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration. That is why Liberals are bad and why economic growth is important, part of that is dropping taxes so we can accrue investment, as the Bank of Canada literally raises the alarm bells for a lack of productive investment into Canada.
When you hurt poor people this badly for a decade usually you’d recognize the reality around you. If you’re going to tax people it also needs to be spent on something productive, not consumption but mass transit, why we still dont have high speed rail spanning from every major city while spending this much is a joke.
Understanding basic math and economics can help a lot here. If the country’s population is growing at the same speed as its economy, the per-capita GDP will be about 0%. After inflation, Canada has seen a 17% GDP growth, which is more than the average.
Because of investors, and for no other non-trivial reason.
It’s the investors who buy up 5, 10, 15 or even more homes to then rent out, which are the problem. They are the ones who drive up the price and then leverage the “captive market” to charge whatever rents they want, because prices are too high for renters to afford, and rents are too high for them to save.
It’s the investors who buy homes “on spec” only to flip them near completion for twice (or more!) what they originally paid which are the problem. They are the ones driving home prices up purely for profit, likely having never seen the place.
It’s the investors who buy homes to flip, slap on a coat of paint and shove in a cheap IKEA kitchen before listing it for 20% more than what they paid which are the problem. They make no material improvements, frequently introduce problems via shitty work, and then expect to reap outsized rewards for something that is usually worse off than when they first got it.
And who encouraged these “investors”? The mortgage deregulation of the Mulroney and Harper administrations.
Decades-long Conservative defunding of healthcare in order to “prove” it “doesn’t work”.
Greedflation, thanks to food chain consolidation. Most of which was enabled by Conservative policies. The Libs looked the other way, but didn’t explicitly encourage it like the Conservatives did.
See: “investors”, above.
How bad at math are you?
Canada’s GDP has grown by 17%, after inflation, over the last decade. They only reason why per capita GDP is near zero is because it is per capita… if population grows in lockstep with GDP, the math is inevitable that the per capita GDP will be almost nothing. But the overall after-inflation GDP is better than most OECD countries.
If anything, mass immigration hurts GDP numbers, it doesn’t help them.
Except the only taxes that Conservatives will actually be dropping will be those of the wealthy and hyper-wealthy, because those are their campaign donors. This will put the taxation burden on those who can least afford it - the working class. And when tax revenues drop, out comes the cuts to social services, leading to more cracks that people and families fall through and more homeless people living out of their vehicles.
It’s a well-worn path walked by all conservative political parties world-wide, PeePee will be no different.
Mark Miller was the one who said it. He said immigration helped us avoid a recession, which means GDP would have shrunk without them.
Our population grew at 17%.
Our GDP grew at 17%.
That is how we got a near-0% per capita GDP.
Are you really saying that all these immigrants, many to most of whom work minimum-wage jobs because they have no ability to leverage their own foreign education and certifications, are really going to be equally as economically productive as citizens who have advanced/established careers and domestically-recognized certifications and education?
Ya gotta use your brain once in a while, man. Otherwise your ignorance ends up bleeding out all over the place.
It’s just as bad as Schrödinger’s immigrant: simultaneously lazy AF and mooching off of social security, while also taking all of our jobs. It’s a recipe for racism and ignorance, while also being intellectually bankrupt.
If only there that someone who understood there warnings Bank of Canada issues…
Central banks dont recognize it themselves given the huge amount of money being ploughed into housing, to attain the rampant speculation their low interest policies created. There was an article I saw today that there isnt even a housing shortage, just dimwitted people bidding up home values much like the US prior to 2008.
https://betterdwelling.com/canadian-real-estate-shortage-overstated-condos-wont-fix-costs-bmo/
Housing obviously acts as a liquidity sponge for debt to increase the wealth effect, but surely there is a reckoning like the US had at the end of all of this.