XPost: can.general, can.politics, can.taxes   
   From: Canuck57@nospam.com   
      
   On 30/01/2010 11:07 AM, abc wrote:   
   >   
   > Canada's economy picks up speed in November   
      
   But no jobs.  A jobless recovery is in fact inflation and not recovery.   
     If GDP goes up but peoples net incomes decrease and no jobs then it is   
   inflation.   
      
   To properly calculate the end of the depression you need net income to   
   increase at or higher than GDP growth, then you know you have hit real   
   bottom.   
      
   The next issue is once the huge government debt-spend decreases, and it   
   will have to as governments are broke, will GDP growth shrink?  Probably   
   will as people with less money will spend less and spend less means less   
   GDP.   
      
   Finally, the amount of debt slapped on us in both real government debt   
   and currency print isn't good at all for the long term.  Even if a   
   recovery did occur, it will take 10 years or more to be realized.   
   Recovery will be so slow you would think you were watching a snail.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)