Quote:
Originally Posted by Doctorfever
I guess it depends on what metric you are measuring by.
Relative to our peers, we are not doing well. Relative to our biggest trading partner and neighbor, we are doing quite poor.
Would you agree?
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No, I'd disagree. I think the mis-step on immigration has distorted the GDP per capita numbers that should improve as those new immigrants enter the workforce and our immigration numbers decline. Of course there are things that can be done and improvements to be made, and we are far form perfect. But we are also far from broken. I suspect someone with Carney's background has a pretty good understanding of the steps that need to be taken to adjust, but the reality of the US right now makes future outlook very uncertain, and potentially ya, we could have some bad years coming.