That's what happens when the spread between the BoC and the Fed starts getting too big. Sure there is a lot of other factors, but the biggest driver right now is 3.25% compared to 4.25-4.5%
Which is the product of how divergent the direction of the two economies are. We're stuck with one that's getting ####tier and ####tier.
Also, as far as I can tell, that chart doesn't account for inflation. We'd need to see numbers for inflation-adjusted federal debt per person. This would provide a clearer picture of how the debt burden is evolving relative to the purchasing power of the currency and the economy's overall output. Or in other words, Real Debt per captia.
I hate the Fraser institute presentation of factual data. Red for debt increase makes sense but blue for decreases is not a typical colour.
But worse is that the table that is essentially the heart of the paper. Per capita % increase over prime minister tenure doesn’t take into account the length of the tenure. That makes it useless as a comparative tool.
Factually correct intentionally misleading.
But looking at Harper following Chrétien and Martin you can really see the meaningful negative affect the GST cut had on our ability to pay down debt.
The graph is not a percentage change, and the color coding is Liberal versus Conservative.
You can't extrapolate any impact of the GST cut due to the concurrent impact of the 2008 financial crisis.
I'm honestly not sure there is a good outcome for the NDP now.
If they pull the plug on the government and join in non-confidence, they will likely get tagged with, "you propped up this government for far too long, you're culpable for everything they did while you were supporting them".
If they wait and JT remains the LPC leader in the next election, all of Jagmeet's criticisms of him will ring hollow for the same reason - you were keeping them in power this whole time, and the results of that effort were, on the whole, bad (i.e., can be sold to most Canadians as bad).
If they wait and the LPC replace JT with a new leader who gives them a new lease on life (I don't think it's possible for them to win at this point but 100 seats isn't impossible) then I think that any such new momentum is likely going to come, to not small extent, at the expense of the NDP. Probably more from the CPC but only because the CPC has such a huge lead in projected seat count right now that they stand to lose a lot more of them if there's a 3-5% LPC polling bump, and of course the CPC can afford to lose those seats and still wind up with a majority.
Not sure what the least bad option is there.
__________________ "The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
How is a stronger Liberal party favourable to the NDP?
It seems the NDP play has been to let the Liberals keep sinking as that could make space for them (which makes sense).
Now we're turning that 180 and saying building the Liberals up will also be better for them?
The only argument that makes sense is a strong Liberal party will enact policies better for NDP voters, but that would come at the expense of them actually getting votes.
So they'd become an altruistic martyr for the cause.
How is it not helpful? I am not talking about the Liberals coming away with a majority and telling the NDP to go away, it’s better for the NDP to keep whatever leverage they can maintain. They’re toast if we see CPC form government next election. I am talking about the NDP being in a better position if the Liberal Party manages another minority, if they shed Trudeau. Course the Bloc makes an interesting wildcard in all of this.
The graph is not a percentage change, and the color coding is Liberal versus Conservative.
You can't extrapolate any impact of the GST cut due to the concurrent impact of the 2008 financial crisis.
If you don’t believe you can extrapolate anything because of recessions and other events then the whole exercise is useless. (Hint: The exercise is likely useless)
For the colours I was referring to page 11 of the document where they go prime minister by prime minister and continue to use Red and Blue colouring. Those graphs may be the only sort of useful bit but without dividing by term are also useless.
I'm honestly not sure there is a good outcome for the NDP now.
If they pull the plug on the government and join in non-confidence, they will likely get tagged with, "you propped up this government for far too long, you're culpable for everything they did while you were supporting them".
If they wait and JT remains the LPC leader in the next election, all of Jagmeet's criticisms of him will ring hollow for the same reason - you were keeping them in power this whole time, and the results of that effort were, on the whole, bad (i.e., can be sold to most Canadians as bad).
If they wait and the LPC replace JT with a new leader who gives them a new lease on life (I don't think it's possible for them to win at this point but 100 seats isn't impossible) then I think that any such new momentum is likely going to come, to not small extent, at the expense of the NDP. Probably more from the CPC but only because the CPC has such a huge lead in projected seat count right now that they stand to lose a lot more of them if there's a 3-5% LPC polling bump, and of course the CPC can afford to lose those seats and still wind up with a majority.
Not sure what the least bad option is there.
Jagmeet and his handlers didn’t play their cards well. I get the tail wagging the dog strategy. But he strung it out over too long of a period through the full Trudeau tire fire. Now he just looks like a hypocrite.
Both Trudeau and Singh will be out of politics after the next election. Trudeau because he’ll be deemed a cancer and Singh by affiliation.
I think the NDP are probably in a pickle either way. They’re going to wear egg on their face for propping up this government, and Singh’s grandstanding—claiming he will no longer support this government and then continuing to do so—looks bad to anyone who isn’t already an NDP supporter and doesn’t see it as a necessary evil to help push policy forward.
If they call an election now, they will lose their current influence but might be able to gain seats by campaigning as the only viable left option. The Liberals are looking like the Titanic at the moment. If the NDP uses the Liberal playbook and paints PP as the boogeyman, they might gain momentum despite their low polling numbers and Singh’s low popularity for the reasons mentioned above. They could likely maintain some influence and relevance as the opposition party.
Option B is to continue propping up the Liberals, giving them time to clean up and potentially replace Trudeau. This would allow the Liberals to rebrand on the fly and likely regain some of the votes currently on the table. The probable result of that approach would be a Conservative minority government, the Liberals as the opposition, and the NDP slipping back into obscurity.
Is several months of pushing policy worth helping the other team rebuild and rebrand? I’m not so sure it’s as cut-and-dry as some of the more left-leaning posters make it out to be.
I think the best bet for the NDP is to distance themselves as much as possible from trudeau. They probably don’t have enough time for people to forget how the supported him. That’s their big problem.
Polling has been pretty consistant over the last year. I can’t see it massively reversing. I think both the liberals and the NDP are screwed. The Bloc and Conservatives will come out smelling like roses.
How is it not helpful? I am not talking about the Liberals coming away with a majority and telling the NDP to go away, it’s better for the NDP to keep whatever leverage they can maintain. They’re toast if we see CPC form government next election. I am talking about the NDP being in a better position if the Liberal Party manages another minority, if they shed Trudeau. Course the Bloc makes an interesting wildcard in all of this.
Most were talking about the Liberals getting a new leader and improving their seat count next election.
I didn't realize you were talking about them actually winning.
If Singh's plan is to not trigger an election so the Liberals can rebound to win and have the NDP influence them, I guess that's a strategy?
Trudeau 1.0 was ballpark 13,000 to 27,000 or $14,000
Trudeau 2.0 was ballpark 35,000 to 48,000 or $13,000
So $27,000 of $48,000 per person or 56% of our perperson debt is at the Trudeaus feet. Quite the dynamic duo. If your sole purpose is to generate debt and fracture the country.
This is starting to feel like you're just trying to overwhelm me with sealioning.
Anyways, here are some of the conspiracy theories for which Poillievre's actions and policies just happen to be exactly what you would do if you believe them.
So in a nutshell you are saying alt right conspiracies revolve around:
- WEF influencing or forming sovereign state policies
- vaccination rights
- climate change influence on policies
I guess how I would handle those issues since they have become very ideologically driven on both sides of the spectrum is being able to see through the dogma and make the best decisions based on the facts in hand rather than level of lobbying without trampling on people’s rights.
This in a nutshell is why being a political leader is one of the tougher jobs. No matter what decision is made 50% of the people will be unhappy. If you can find a path where both sides are moderately happy or moderately unhappy you have probably done your job. Almost impossible these days with all of the biased media platforms once again on both sides of the spectrum.
I would guess PP if elected will be taking a sharp turn on all three from what the liberals have been doing. Right or wrong I think the majority would agree that continuing down trudeau’s current path would not be a good strategy.. So there will definitely be change. There has to be.
But in my opinion canada has way bigger problems than those items. We are quickly lowering our standard of living by generating large amounts of debt via multiple avenues and sabotaging our industries abilities to generate revenues. If that doesn’t get addressed first none of the other items will really matter. Or they will certainly become less of a priority. That is probably going to be his main focus if he gets elected. At least that would be my guess from listening to him.
Hopefully I didn’t miss anything.
BTW I have no idea what sealioning is. Maybe I was.
Last edited by Goriders; 12-18-2024 at 05:49 PM.
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At their party last night apparently, doesn't seem like somebody that is interested in resigning. Hang on to power whatever it takes.
It’s not him. It’s everyone else.
He’s not going anywhere unless there’s a non confidence vote. He’ll have to be forced out kicking and screaming. If as many of his caucus members are against him as they have said they are eventually going to have to put thier money where their mouths are.
