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Canada lost 70,000 jobs last month
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Originally posted by dmlfarmer View PostHow come everyone here is ignoring the fact that Trump has basically bought those jobs with massive increases in debt. By the end of this first term, if he continues to spend at the rate he has for the first three years he will have increased US debt by 5.088 TRILLION dollars. And his budget for the second term, if he wins, would result in adding over 9 TRILLION in debt over his 8 years. That is a 30% increase in the US debt over all other presidents combined.
You scream bloody murder with the debt in Canada and Trudeau spending, yet it is much less on a per capitia basis than what Trump is spending in buying jobs and inflating the economy.
Meanwhile Trudeau will be wondering which bathroom to use as jobs and capital get sucked out of here like a vacuum to the proud USA. Someday soon our socialist geniuses will be standing around wondering what happened while Canada slips off the economic ladder into something akin with Venezuala. But you wont even be able to shoot your dog or cow for food because the govt will have your guns.
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Originally posted by bucket View PostI think the reporting is flawed....there will be a correction....
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Originally posted by SASKFARMER View PostOk, ill bite.
Nut case your hero who destroyed Alberta ran what a 100 billion debt. How well is Alberta doing with the job?
Trudeau with his plan to destroy an industry where the country has the third-largest oil reserve in the world. He runs massive debt and loses jobs.
Please explain, im baffled at how you cant see whats going on.
Americans are happy are Canadians.
Question for you Saskfarmer. Since Alberta lost 18,000 of the jobs lost in Canada in November, how many of these jobs should be blamed on Kenney since he was the premier? How come there has been job losses ever since he become premier? And why isn't his 4.5 Billion dollar gift to the oil industry in form of tax breaks not creating employment like he promised?
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Originally posted by dmlfarmer View PostI love it when a poster shows their stupidity publicly. Alberta current total debt is 68 Billion. So it is impossible that Notley ran up 100 Billion in debt. Just shows you the lies some people resort to when questioned. And the gullibility of people to believe what some posters claim.
Yes she ran the debt off by 10 times. She should be in chains somewhere instead of sitting in legislature.
But Trudeau is sitting there saying hold my beer because he is about to run off a trillion.Last edited by jazz; Dec 8, 2019, 09:35.
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Originally posted by jazz View PostSorry dml, this is where you are wrong. AB debt stood at 10B when Notely took office. her accumulated debt during here time in office brought that to 60B but her future spending commitments have that clock on the run to 100B before Kenny can start to reverse it. That's all her debt. All spent into black hole. Not a single job or long term investment created from it.
Yes she ran the debt off by 10 times. She should be in chains somewhere instead of sitting in legislature.
But Trudeau is sitting there saying hold my beer because he is about to run off a trillion.
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I just love how the NDP and The Liberals have supporters that cant actually see the forest for the trees.
Nut case destroyed Alberta with Trueaus help.
You're ****ed plain and simple.
See I can leave and probably will someday and do the paperwork and become an American. Canada is moving to a world that looks a lot like Mexico without the heat.
Some see it others are blind.
If the NDP ever became a federal Gov, Canada would be done. Debt would be out of control and the wealthy would all leave including your beloved Trudeau.
The New NDP is not like the one that held Saskatchewan down for years. The New NDP isn't the socialist regime we had. They are bat shit crazy with ideas that on paper have some merit but they want the wealthy to pay. Guess what the wealthy will leave. Like investment leaving Canada daily.
When you're going down a dark road without headlights you eventually hit the ditch or hit something.
Trudeau is that fool. I vote for people who are smart enough to attach a light bar and move forward.
Chuck your graph is from 2008 the world economic meltdown. YEa, guess what people lost their jobs.
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Cdn retail sales (for October) released yesterday, showed a 1.2 percent decline. All three (3) major GDP sectors . . . manufacturing, wholesaling and retail dropped.
Cdn retail sales are now on-pace for one of their worst years on record for growth. Lower vehicle sales led the way. This is a very clear warning that the Cdn consumer is tapped out. Excessive debt is finally cutting into spending, which is now taking dead aim on the middle class, particularly, the West. This should force the BOC to cut rates sometime in the 1st quarter, as economic reality hits our leadership hard.
Stateside, the Fed Santa money printing rally is in full-force . . . as the U.S. economy slows. The next pony trick will be getting China to sign a trade agreement in January.
Lots of bizarre economics to watch as we head into 2020 . . . .
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