XPost: can.general, can.politics, can.taxes   
   From: Canuck57@nospam.com   
      
   On 30/01/2010 11:21 AM, Chom Noamsky wrote:   
   > On 1/30/2010 10:14 AM, Canuck57 wrote:   
   >> 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.   
   >   
   > Of course there are no jobs, those were exported offshore by previous   
   > "conservative" governments.   
      
   Governments don't export jobs.  But they can, be they Liberal or   
   Conserative, make it too expensive to stay.  Bad mix of taxes, expensive   
   utilities with taxes, unions on the warpath, can't fire slackers, poor   
   quality management, overly complex business and labour laws, meddlesome   
   government all contribute to make our economy an undesirable place to   
   setup manufacturing.   
      
   And nothing to stop you from becoming your own employer if you think the   
   above is no true.  But you whiners haven't got the balls and are full of   
   crap.   
      
   And the decay started many decades ago.  And not one politician (any   
   party) has done anything to change peoples attitudes.  In fact they all   
   foster the envy, greed, the entitlement for their own gain.  What you   
   are seeing s the decay and fall of the NA as a economic power.  Just   
   like Roman empire, when producers were ruthlessly taxed to prop up   
   losers and corrupt, they too decayed.   
      
   History does repeat itself as people are generally too stupid to see it.   
     All embroiled in their own needy-greedy short term attitudes to see it.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)