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Old 06-16-2023, 03:58 PM   #7111
GGG
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Quote:
Originally Posted by Goriders View Post
Of course. But it’s a big contributing factor. Which is what he or she asked for.

Along with the endless social engineering consumption taxes.
What I asked for was evidence that what you are saying was correct and causal. There still hasn’t been any provided. I agree your logic could be what is happening but we don’t really know.

I’m not even sure that the argument that people are poorer today is even factual

Looking at the weekly average wage data for Canada and selecting 2015 for Trudeau’s election to 2022 one finds that wages are up 23%. Inflation over that period is 18%

Now I will fully note that this uses average wage not median wage (didn’t bother to check median) and I didn’t check any other dates than 2015 to 2022 and I didn’t double check the math. But this is what I meant when I said provide some evidence.

If you are claiming people are poorer what metric are you using to make that conclusion.

https://www150.statcan.gc.ca/t1/tbl1...101%2C20220101

https://www.bankofcanada.ca/rates/re...on-calculator/
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