Quote:
Originally Posted by Vedder
Is it also meaningless that Canada’s GDP per capita is declining?
It’s the most widely recognized proxy for the health of an economy. If it’s shrinking then so is the capacity of the state to fund programs, etc.
This thread continues to deliver a steady stream of utter nonsense, with a heavy dose of sanctimony.
|
The GDP per capita is naturally going to decline when you have a short term influx of hundreds of thousands in population as we did, no? In which case it’s temporarily not a very accurate barometer of how your economy is performing, plus as Slava said it can also be manipulated.
Please don’t put me in a position to agree with Slava. I think I speak for us both when I say it leaves us feeling uncomfortable.