Quote:
Originally Posted by Yoho
|
This is interesting to me. It seems that people today are more in the "I'm fine and things are good, but I feel like the economy and everyone else isn't doing very well" kind of camp. I give the government no credit for this, but the reality is we've hiked interest rates the fastest and most aggressively in history to quell inflation. Jobs remain strong, unemployment is near historical lows, the housing market hasn't crashed and actually the consumer isn't that weak.
The constant proclamation that these are the end times gets old pretty fast when you look at those kinds of statistics. We've heard about the imminent recession for over 18 months on end. When do the doomsdayers admit they were wrong? Of course we'll have another recession at some point, but it's a disservice to the public to constantly warn about one.
And for me, the worst part of all this, is the constant cheering for economic calamity so that a different politician can have a crack at running things. I won't vote for Trudeau, but I definitely don't want things to crater just to prove a point or anything like that.