How many job losses since March 15th?

[the big wheel]

So id just like to ask what different would the conservatives do about this situation only for clarification?

Not isolate?
If yes isolate then?
Not help people that won’t have money for food?
Not provide funding to restart businesses?

The financial problem because if this event is actually smaller than the bigger picture financial problem that was occurring prior isn’t it? I mean if we were in good shape and had a better functioning system wouldn’t we be able to start up again much more enthusiastic?
Because as it stands loans upon loans will be needed to start us to get back to where we were right? And weren’t we in a mess because of loans? And I guess that depends what your occupation is? Will people be paid more fairly now that it’s an obvious lesson what’s important or will he execs sports athletes and actors fool us again as a society?

[bucket]

The CO OP refinery strike comes to mind. When that is settled there will be a major cleansing within that work force. They would gladly take the pension and wage offer which is better than the alternative. When you get too greedy guess what “NO JOB”!!!!!

Banda should be booted as well along with anyone involved in not being able to solve a labour dispute in a reasonable amount of time...ultimately falls on the upper management of both parties...

5 dollar WCS oil and some just flowing in like an artesian well because it is worthless ( the heavy stuff) ...billion dollar profits and these guys are cutting production when there is still harvest and seeding to get done???????

[15444]

Pretty sure John Ibbitson has been hitting the bottle hard these last few weeks. His conclusions work on the guarantee of a generation of near zero interest rate and the rehiring of the majority of the recently unemployed. I think he lives in a fantasy world and he eluded to as much during the past week's Sunday Scrum on CBC where he said people like him, a well-paid journalist, really can't relate to those suffering now with no income.

[chuckChuck]

Shouldnt we just look back at all the historical events that caused major disruptions for some of the answers to what is going to happen? World war 1, The 1918 spanish flu, the great depression, world war 2, and several of the financial crisis that came to pass? Many of these events caused massive disruption for much longer periods of time.

For those who think governments shouldn't increase spending during a crisis, history shows you are wrong.

Yes there is more pain to come and some things are going to fail. But Big Wheel is spot on when he asks what would the Cons do different? Almost all the leaders in the developed world are following a similar fiscal path in this crisis.

[bucket]

Shouldnt we just look back at all the historical events that caused major disruptions for some of the answers to what is going to happen? World war 1, The 1918 spanish flu, the great depression, world war 2, and several of the financial crisis that came to pass? Many of these events caused massive disruption for much longer periods of time.

For those who think governments shouldn't increase spending during a crisis, history shows you are wrong.

Yes there is more pain to come and some things are going to fail. But Big Wheel is spot on when he asks what would the Cons do different? Almost all the leaders in the developed world are following a similar fiscal path in this crisis.

There has been no spending on agriculture....zero nothing and the conservative don't even speak on the behalf of those that elect them which is rural western canada....mostly because they still think yerry is a god ...you know the guy that gutted farm programs and haven't changed since....

[canolacrazy]

likely the conservatives would have done much the same. just look at the last election. broken promises by the liberals to balance the budget by 2019, work on destroying the energy industry, and the electorate says let's try this again.

everything is built on low interest rates, rising house prices, budget deficits, debt to gdp. but what happens when bond holders start to demand higher interest due to rising debt to gdp, high unemployment, falling housing prices. I think we may find out.

[ajl]

At some point you are going to have to let free market forces sort this all out. Spending money you don't have works for a while. The whole exercise of the past decade was to get out of the great recession by government intervention. It has now ended in failure. The US tried hard to normalize the process of setting interest rates by removing FED interventions and that has now failed as well unfortunately. If future generations have any chance at living standards above subsistence levels, free market economic will have to make a comeback and that will be bitter medicine.

[canolacrazy]

Bang on, ajl. we had a chance with the last downturn in 2009, and didn't let it happen. we have another shot now.

but I doubt any politician has the stomach for it.

[blackpowder]

Hope your right. I see increased socialism as quite possible eventually.

[blackpowder]

While I'm at it I'd request a male vocal chords transplant for our PM.