Category: The Economy

Harper Misrepresents Economic Reality

  I constantly find it amazing how our press lets Harper et al get away with dishonest information without contradiction.  Jim Stanford gave a few examples recently regarding Harper’s claim about how remarkably well Canada has performed during the recession. For example, contrary to what Harper, Flaherty and the columnists at the Post have been [...]

Where Are Their Political Instincts?

  Apologies for so quickly returning to the same topic I’ve recently written about…  The more I think about it, the angrier I become regarding the terrible betrayal by the Liberal Party on the widely supported Bill that would have given Ontario, British Columbia and Alberta more seats in the House of Commons to better [...]

Floundering US Economy / On Potash – It’s Looking Like Victory

You’ve probably seen my comments about how the average Canadian worker has done so poorly when compensation is compared to inflation during the past quarter century. Now the Conference Board forecasts that in 2010 and 2011, net wage increases will likely be non-existent, and, contrary to so much right-wing propaganda, public sector increases will be [...]

Dropping the Ball

  Long ago the Harper Government made it clear it had no intention of passing any new significant legislation relating to global warming until Washington had done the same.  Now that Congress has made it clear that it intends to do zero on the subject, where exactly does that leave the rabid anti environmentalists in [...]

Sunday August 8th, 2010 in Climate Change, Immigration, OECD Comparisons, Poverty, Taxation, The Economy, US Politics | Comments Off

True Economic Indicators

  Sorry to be away so long.  Death in the family.  Speech to finish and article to finish.  Trip to Edmonton and Ottawa to plan, etc. Lots of good stuff below, but in no particular order… *     *     *     *     * A good friend has sent me the following article re income distribution.   http://www.alternet.org/economy/147469 [...]

Thursday July 8th, 2010 in Global Economy, Income Disparity, The Economy, US Politics | Comments Off

Some Facts on the State of Canada, Canada Day 2010.

  Here is how it works, as I’ve explained before:  (1) We sell an important Canadian company (try Stelco for example) to non-Canadians. (2) They make a bunch of big promises about how they will expand employment, increase investment and production in this country. (3) Instead, soon after, they begin to shut everything down (so [...]

Reckless Financial Behaviour/The U.S. Economy/Demand for Our Oil

  As you know, President Obama and most of the leadership of the Democrats in the U.S. Congress are anxious to pass new legislation which is intended to block the sort of reckless financial behaviour that led to the 2008-2009 world financial crisis, the loss worldwide of hundreds of millions of jobs, sharply increased world [...]

O Canada – All is not well.

  If you have access to HBO, there is an excellent drama that they  have recently shown twice and will be certain to show again soon. It is set in Russia, a mystery-drama based on true events, called CitizenX, one of the best dramas I have seen on TV. Warning, it concerns a serial killer [...]

Sunday May 16th, 2010 in Canadian Politics, Foreign Investment, Oil, The Economy | Comments Off

A Republican Sweep? / Canada’s Poor Productivity

   Chris Hedges writes a regular column for Truthdig.com.  He graduated from Harvard Divinity School and was a New York Times foreign correspondent for almost 20 years.  In the following he quotes Noam Chomsky about the US: “The mood of the country is frightening. The level of anger, frustration and anger is unlike anything I’ve [...]