Comparing the canuckistani and US economies is comparing an apple to an orange. As Austrian alluded to there is far too much government activity included in the GDP figure of canuckistan vs the US. There is some in the US figure to be sure, but there is next to nothing left of the real economy in canuckistan. You have to ask yourself if what you are producing is something a willing consumer would chose to buy and is the price set in a free market environment. So food production for most part is in but a tax audit is not included in the real economy. Neither is most of the activity of lawyers, accountants, compliance officers etc.
Announcement
Collapse
No announcement yet.
Canadas GDP
Collapse
Logging in...
Welcome to Agriville! You need to login to post messages in the Agriville chat forums. Please login below.
X
-
Originally posted by dmlfarmer View PostAnd under the financial genius of Trump the second quarter GDP in the US dropped by 32.9%, the worst ever quarter in the US. https://www.bloomberg.com/news/articles/2020-07-30/u-s-economy-shrinks-at-record-32-9-pace-in-second-quarter https://www.bloomberg.com/news/articles/2020-07-30/u-s-economy-shrinks-at-record-32-9-pace-in-second-quarter Third quarter coming up and likely worst than Canada's due to second wave of Covid hurting US more than Canada.
we have a major problem here as well , why not admit it instead of “ya but Trump ... “
Talk about zero credibility when the only response is “ya but Trimp “
Comment
- Reply to this Thread
- Return to Topic List
Comment