Quote:
Originally Posted by FlamesAddiction
It's this thinking that makes Canada a second rate country on the global stage - ie. wait to see what the U.S. does. We don't always have to be their puppy and once in a while we need to take a proactive approach to our own destiny.
Canada is in an enviable position right now. Our economy and banking system hasn't been hit as hard as some other countries, but make no mistake, we are in a slow burn right now and as slow as a burn as it has been (relative to say Britain and the States), our economy will also probably recover more slowly when the recession is already over for Britain and the U.S. That is why action is needed sooner rather than later. There is no reason to wait for things to get worse, and in fact, it would be much more preferrable to nip it before hand.
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And it's this kind of thinking that makes intelligent people scratch their heads.
Whether your eyes are capable of seeing it or not, it doesn't change the simple fact that Canada's economy IS tied to the US's economy. Especially in the auto industry.
The very notion that the Liberals and Socialists are prepared to throw $30 billion dollars at our auto industry (especially when they're all just US companies anyway), without waiting to see if the US is going to do the same, scares the bajeebas out of me.
Extreme example: What happens if the Libs and Russians get to throw that $30 billion dollars at Ford Canada, et al... and in January, Obama announces that all US auto makers are to pull the plugs on their international plants and move all those jobs back into the USA? What auto industry will we have then? What benefit will we get from that $30 billion knee-jerk reaction?