Canada Q1 growth most in a decade - 6.1% - 2x USA growth

Discussion in 'Economics' started by Kassz007, May 31, 2010.

  1. #51     Jun 29, 2010
  2. zdreg

    zdreg

    as if Canadians should be idiots like the americans and lower rates to zero.


    "Obama vs. the Allies
    NY Post ^ | June 29, 2010 | Rich Lowry

    Posted on Tuesday, June 29, 2010 5:28:35 AM by Scanian

    A specter is haunting the world: the specter of Canada.

    To hear President Obama's supporters tell it, Canadian Prime Minister Stephen Harper is a one-man economic wrecking crew. He led the charge at the G-8 summit to endorse the goal of advanced nations cutting their deficits in half by 2013. Obama only reluctantly went along, warning of the ill effects of what the intellectual architects of his stimulus package plaintively call "premature austerity."

    This dreaded austerity has treated our friendly neighbors to the north quite well. If deficit spending is the engine of growth, Canada should be a nation of Hoovervilles. Although it adopted a temporary stimulus during the current recession, Canada drastically cut spending as a percentage of GDP from the mid-1990s to 2008.

    In The Weekly Standard, Fred Barnes compares Canada's economic situation with that of America: "Its unemployment rate is lower, its budget deficit breathtakingly smaller (after nearly a decade of balanced budgets), its debt burden far lighter, its banks more stable." It's enough to put the most spectacularly boring phrase in journalism -- "worthwhile Canadian initiative" -- in a new light.

    In contrast to Harper, Obama has become the world's great evangelist for debt. What he won't do for human rights, he'll do for red ink."

    http://www.freerepublic.com/focus/f-news/2543528/posts

    http://snipurl.com/ycb01
     
    #52     Jun 29, 2010
  3. Lucrum

    Lucrum

    I wish someone would tell the Mexicans. Obviously they're invading the wrong country.
     
    #53     Jun 29, 2010
  4. Way too cold for them up here. Years ago a company I was with hired Mexicans seasonally during the summer. We would be in shorts and a t-shirt sweating buckets and they would be in pants and long sleeves.
     
    #54     Jun 29, 2010
  5. Lucrum

    Lucrum

    Well maybe global warming will get them interested in Canada.

    :)
     
    #55     Jun 29, 2010
  6. zdreg

    zdreg

    are you prepared to do backbreaking work gathering crops in 30C+ weather.
     
    #56     Jun 29, 2010
  7. Lucrum

    Lucrum

    I'd love to respond, but the last time I did zdreg went crying to Baron like a little bitch complaining I was stalking his sissy ass. So rather than get banned it's better if I just ignore his psycho BS.
     
    #57     Jun 29, 2010
  8. Look at this typical Canadian that goes berserk when the close the mall a few minutes early. Thats why they have such growth!

    <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/pU3lwyDdHd0&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/pU3lwyDdHd0&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
     
    #58     Jun 29, 2010
  9. zdreg

    zdreg

    your words reflect your character.
     
    #59     Jun 29, 2010
  10. Who are you kidding? There are no Canadians in the trailer park in Alabama where you live. You wouldn't know a typical Canadian if one bitch-slapped you in the face. :D
     
    #60     Jun 30, 2010